This vacant lot offers an excellent opportunity to build your future home or make a smart investment. Situated in Chestnut Woods Subdivision, the property features 0.27 acres of partially wooded terrain with public utilities available. Enjoy a peaceful setting surrounded by natural beauty while remaining conveniently located near shopping, dining, schools, and major highways, providing easy access to city amenities and surrounding areas. Whether you're looking for a private retreat, a development opportunity, or a long-term investment, this lot provides the flexibility and location to suit your needs.
Fully improved lot (sewer and water) and all utilities present. Small 5 lot subdivision with 3 custom homes already built (2 lots remaining). Current annexation agreement with Addison requires homes to be 50% brick (minimum) and minimum square footage of home to be 2500 square feet. Annexation agreement terminates on 9/20/2024, which means you are free to build any size home you wish and no longer have to use brick. These lots are priced to sell now but if you want to build a smaller home in the future in a subdivision that features larger custom homes you won't do better than this.
MRED as Distributed by MLS Grid #10065910
Jan 18, 2020
Listing Removed
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Nov 22, 2019
Price Changed
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Aug 2, 2019
Price Changed
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May 23, 2019
Price Changed
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May 22, 2019
Price Changed
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May 6, 2019
Price Changed
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Mar 15, 2019
Price Changed
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Feb 1, 2019
Price Changed
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Dec 4, 2018
Price Changed
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Aug 29, 2018
Listed (New)
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MRED as Distributed by MLS Grid #08684878
Aug 29, 2018
Listing Removed
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Jun 4, 2018
Price Changed
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Apr 12, 2018
Price Changed
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Mar 22, 2018
Price Changed
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Mar 8, 2018
Price Changed
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Jul 28, 2014
Listed (New)
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MRED as Distributed by MLS Grid #07613397
Jul 28, 2014
Listing Removed
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Aug 20, 2010
Listed (New)
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MRED as Distributed by MLS Grid #06770774
Jan 6, 2010
Listing Removed
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Jan 13, 2008
Listed
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MRED as Distributed by MLS Grid #05232348
Sep 11, 2007
Listing Removed
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Sep 12, 2005
Listed
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Year
Property tax
Land + Additions
Assessment*
2023
$736 (−74.8%)
$10,000
2022
$2,923 (+4.1%)
$39,690
2021
$2,808 (+2.5%)
$38,020
2020
$2,739 (+0.4%)
$36,420
2019
$2,727 (−1.2%)
$35,020
2018
$2,761 (+2.3%)
$34,010
2017
$2,698 (+2.1%)
$32,500
2016
$2,641 (+1.9%)
$30,010
2015
$2,591 (+10.8%)
$27,720
2013
$2,338 (+3.3%)
$25,930
2012
$2,264 (+5.0%)
$27,690
2011
$2,156 (−7.7%)
$30,800
2010
$2,335 (+2.6%)
$36,920
2009
$2,276 (+2.6%)
$40,600
2008
$2,218
$40,600
Public record
Public record
Zoning
Beds
—
Baths
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Stories
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Lot width
16 ft.
Lot depth
14 ft.
Lot size
0.27 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Other
County
DuPage County
APN
0321413016
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
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Last updated by owner on Aug 26, 2026.
R-4
Single-Family Residence District
The R-4 single-family residence district is established to preserve and maintain existing single-family areas of the County and permit the continued development of residential uses in areas where public utilities are readily available.
Permitted uses
Include but are not limited to:
Assembly/ meeting place
Housing-Group
Housing-Single unit
Golf related
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 102° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Addison, IL • 60101
Average low and high temperatures (°F)
29
15
38
22
55
34
62
43
69
49
81
63
85
69
82
64
79
59
68
49
50
37
36
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 575 N Chestnut St
$63,669
$4,330 under list price of $68K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $110K to $420K.