NEC of Route 113 & Will Road, Diamond, IL

Diamond Point

Diamond Point is Fully Entitled for a Wide Range of Commercial Development

  • 1-14 acres of commercial development land for sale at the NEC of Route 113 & Will Road in Diamond
  • Only ½ mile to full Route 113 / I-55 interchange
  • Across the street from the new under construction Jewel-Osco anchored center
  • The Jewel-Osco anchored center will establish the area as the newest primary commercial corridor in the market
  • Located in I-55 Corridor TIF District and an Illinois approved Enterprise Zone
  • Property is agent owned
Development Potential
  • Zoned B-3 Service Business District
  • Zoning allows for a wide variety of commercial uses
  • The proposed site plan is simply a concept and can be modified to meet a user's needs
  • Great opportunity for new retail, restaurant, service, medical, office or hotel development in a very underserved market
  • Population in a 20-minute drive time exceeds 60,000 leaving a market gap of 250 million dollars
  • Two completed pad-ready sites for out-lots available with the balance divisible for a wide variety of uses
  • Sewer, water, storm sewer, detention, gas and electric are all on site
Access

Diamond Point is Fully Entitled for a Wide Range of Commercial Development

  • Only ½ mile to full Route 113 / I-55 interchange
  • Within 5-miles of Ridgeport Logistics, Providence Logistics and the CenterPoint Intermodal and BNSF Railway Logistics Park in Elwood
  • Route 113 and County Line Road intersection improvements including turn lanes are complete
Offering Highlights

Total Acres: 1-14 Acres

Pad Ready Sites: Lot 3 - 1.108 Acres and Lot 4 - 0.909 Acres

Asking Price: Subject to Offer

Parcel Numbers: 03-17-31-301-002, 03-17-31-301-002, 03-17-31-301-003, 03-17-31-301-004

2022 Taxes: $546

Traffic Counts: 31,000 on I-55 and 10,100 on Route 113

POTENTIAL FUTURE RETAIL LEASING OPPORTUNITY IN PROPOSED NEW 7200 SF RETAIL CENTER