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