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S. Berta - 110 Acre Diamond Residential Development 110 Acres of Residential Land Offered at $4,791,600 in Diamond, IL 60416

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INVESTMENT HIGHLIGHTS

  • Only minutes away from I-55 and Rt. 113 intersection.
  • Diamond is a small town between Coal City, Braidwood and Wilmington. Diamond straddles between Grundy and Will Counties of Illinois.
  • Excellent road frontage

PROPERTY FACTS

Price $4,791,600
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Single Family Development
Total Lot Size 110.00 AC
Zoning R-1, R-3, B-1 - Residential

1 LOT AVAILABLE

Lot

Price $4,791,600
Price Per AC $43,560.00
Lot Size 110.00 AC

The parcel is currently being farmed. This is flat agricultural land with road frontage on Berta road and Rt. 113.

DESCRIPTION

110 total acres make up Prairie Lake Estates in Diamond, Illinois. The site is platted for 108 units of Duplex homes, 180 single family lots and 3.97 acres of commercial. Utilities are at the site, no recapture fees. Diamond and Coal City are running low on residential lot inventory. Site plan calls for 12,000 SF lots, but could be amended to smaller lots. Current site plan has expired. Bike path has been previously donated to the village of Diamond along the angling eastern boarder of the property. Easy access to I-55 at two locations, Rt. 113 or Reed road to the south.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 09-01-101-022
  • 09-01-151-002
Land Assessment
$37,117
Improvements Assessment
$0
Total Assessment
$37,117
  • Listing ID: 25931503

  • Date on Market: 6/14/2022

  • Last Updated:

  • Address: S. Berta, Diamond, IL 60416

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