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1702 Lorimar Drive Durand, IL 61024 • Residential - Single Family • Pending

Pending
  • 1702 Lorimar Drive, Durand, IL 61024 Main Photo

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Description

Well-maintained three-bedroom ranch in the Durand School District with a long list of updates and outdoor amenities. The roof, siding and gutters were all replaced in 2026, along with a resealed driveway. The three-car garage features new doors (2026) and a poly-coated floor (2024), plus outside skirt parking for a camper or boat. The backyard is designed for entertaining with an above-ground pool and surrounding deck, both new in 2020, with a new pool liner in 2026 and pump in 2024. Enjoy the outside hot tub, new in 2023, along with a stamped patio and fire pit area added in 2020. Inside, all interior paint is fresh from 2025, the sliding patio door was replaced in 2023, and the primary bath was updated in 2025 with ADA-compliant features. The kitchen includes a newer refrigerator (2025) and the kitchen island stays with the home. All the windows have also been replaced within the last six years. Additional items staying include the garage workbench, hair salon wash basin and counters, and pool chemicals and equipment. Whole-house water filtration and water softener are rented. Located in the small Village of Durand offering local restaurants, businesses, services and community activities. Durand CUSD #322 serves students from preschool through 12th grade and provides a small-school, community-focused educational environment with academic, athletic, fine arts and extracurricular opportunities. Durand is conveniently located approximately 20 miles from Rockford, Freeport, Beloit and Monroe, making it an easy choice for those looking for a smaller community while remaining close to larger cities. ASSUMABLE VA LOAN AVAILABLE! Save approximately $257 per month compared to current market rates. Existing VA loan balance is approximately $128,368 with principal and interest of only $896. (taxes not included ) Buyer must cover the equity gap of approximately $250,000 via cash or secondary financing. Open to both Veteran and non-Veteran buyers (Veteran buyers who can substitute entitlement are highly preferred). Please allow a [45-75] day closing timeline for the servicer's formal assumption approval process.

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 1,767
Garage Size: 3
Attached Garage
Built in 2005
School District: District 322

General Information

Bedrooms: 3
Bathrooms: 2
Sqft: 1,767
County: Winnebago
Listed By:
Morgan Realty, Inc. 815-262-8952
MRED MLS

Room Information

Breakfast Room: 11X15
Bedroom 2: 11X11
Bedroom 3: 12X10
Dining Room: 12X11
Kitchen: 13X9
Laundry: 11X7
Living Room: 22X16
Primary Bedroom: 16X13
$309,900
Est. $2,201/mo
3beds
2baths
1,767sqft
3cars
Pending
BEDS3 BATHS2 full SQUARE FEET1,767 MLS#12761518
STATUSPending PROPERTY TYPEResidential - Single Family SCHOOLDistrict 322

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1702 Lorimar Drive, Durand, IL 61024.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $309,900$309,900$309,900
Down Payment $61,980$10,847$77,475
Monthly Mortgage Amount $1,670$2,050$2,041
Taxes $431$431$431
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$136$0
Monthly Estimated Total $2,201$2,717$2,572

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