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    1306 Chadbourne Dr Davis, IL 61019

    Sponsored
    For Sale
    Contact for pricing

    Land - LAKE SUMMERSET, IL

    Lot size:
    0.41 Acres
    Days on Market:
    323
    Last Refresh:
    Jan 8 at 4:06 am

    Property Features for 1306 Chadbourne Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    0506252025
    Interior features
    County Taxes
    Lot size
    0.41 Acres

    Taxes and HOA fees

    Expense value
    1099
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    Morgan Realty Inc. (815) 656-4162 [email protected]

    Listing agent Don Morgan (815) 262-8952 License #471013558

    Listing date Feb 20, 2025

    MLS# 202400541 Listing URL

    Copyright © 2026 Rockford Area MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake Summerset Wooded Land Parcel

    This is one of two adjoining lots available in Lake Summerset. The property is a 0.41-acre parcel of land. The lot is wooded and relatively flat, offering an easy-to-build location. It is situated close to the beach, lodge, and front gate. The road is exceptionally quiet. This property presents an opportunity to build a home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Spa & Massage Auto Repair Shop Gym & Fitness Bar & Pub Florist

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Davis
    County
    Stephenson
    State
    Illinois
    Longitude
    -89.386878
    Latitude
    42.457266

    FAQs

    What type of property is this?
    Land - Wooded lot near amenities, ideal for building a dream home.
    Where is this land located?
    The property is located at 1306 Chadbourne Dr Davis, IL.
    What is the asking price?
    The asking price for this property is $4,300.
    What are key features of this property?
    This property features: - Two adjoining Lake Summerset lots available: Opportunity to purchase one or both.; - Build-ready: Nicely wooded, flat lot is easy to build on.; - Prime location: Close to the beach, lodge, and front gate.
    (815) 262-8952
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    1306 Chadbourne Dr Davis, IL 61019
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    Davis, IL 61019
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1306 Chadbourne Dr Davis, IL 61019
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