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1720 Magnolia Drive, 
Chatham, IL 62629

$3,500,000


—

Bed


—

Bath


21,000

Sq Ft


Multi-Family

Active

Listed by

Krystal K Buscher

The Real Estate Group, Inc.

217-787-7000

Last updated:

October 27, 2026, 09:17 PM

MLS#

CA1047344

Source:

IL CAAR

About This Home

1720 Magnolia Drive

Exceptional investment opportunity to own all 10 units in a brand-new condo community! Situated across four buildings, each condo offers 2 bedrooms, 2 full bathrooms, a 2-car garage with zero-entry, and thoughtfully designed spaces for comfortable everyday living. Features include open living and dining areas, bright kitchens with islands, white cabinetry, pantries, contemporary finishes, LVP flooring, and large covered rear patios. Each condo also offers a spacious primary suite with a tray ceiling, double-sink vanity, and walk-in closet, plus a conveniently located laundry room next to the primary closet. Construction is underway, with the final building now going up, offering the opportunity to purchase the entire community as it takes shape. An attractive addition to an investment portfolio, combining new construction, consistent floor plans, and the convenience of owning all units within one condo association. Video materials are available by request which shows a full visualization of the completed development and a tour of a finished unit. *The completed-development visualization is illustrative; final landscaping and site details may vary. **Expenses and rent are 0 because they have not been established yet**

Home Facts

Multi-Family

Built in 2026

Subdivision & Development:

Wellington Estates

Price Summary

3,500,000

$166 per Sq. Ft.

MLS #:

CA1047344

Last Updated:

October 27, 2026, 09:17 PM

Added:

6 day(s) ago


Rooms & Interior

Interior

Living Area:

21,000 Sq. Ft.


Structure

Structure

Building Area:

21,000 Sq. Ft.

Year Built:

2026


Finances & Disclosures

Finances

Price:

$3,500,000

Price per Sq. Ft:

$166 per Sq. Ft.

Source:IL CAAR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.