110 Acre Diamond Residential Development Site
| Status: | Active |
| County: | Grundy |
| Township: | Maine-Braceville |
| Address: | S, Berta Road Diamond IL 60461 |
| Gross Land Area: | 110 Acres |
| Hectare Conversion | |
| Property Type: | Vacant farmland with Residential Development Potential |
| Possible Uses: | Agricultural Production |
| Total Investment: | $4,791,600.00 |
| Monetary Conversion | |
| Unit Price: | $43,560.00 |
| Productivity Index (PI): | The PI Index for this farm is 101.8 |
| Buildings: | No Buildings |
| Utilities: | All utilities available at the site |
| Zoning: | B-1, R-3 & R-1 |
For more information contact:
Mark Goodwin
1-815-741-22261-815-741-2226 mgoodwin@bigfarms.com
Goodwin & Associates Real Estate, LLC
is an AGENT of the SELLERS.
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Property Overview
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.+ View Brochure
+ View Property Disclaimer and Disclosure.
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Property Map
Listing Details
General Information |
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| Listing Name: | 110 Acre Diamond Residential Development Site. (Prairie Lake Estates) |
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| Tax ID Number/APN: | 09-01-101-022 09-01-151-001 |
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| Possible Uses: | This 110 acres is platted for 180 single family homes, 108 duplex homes (54 lots) and 3.97 acres of Commercial. The current site plan has expired, but the village of Diamond is open to renewing the plan or updating the plan for smaller single family lot sizes. | |
| Zoning: | R-1 Single Family Residential R-3 Two Family Residential B-1 Village Retail |
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Area & Location |
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| School District: | Coal City Unit School District 1 | |
| Market Type: | The top three Tapestry Segmentation Neighborhoods are: Middleburg 52.8% Soccer Moms 11.3% Down the Road 11.3% Chart with additional demographic details is included with this brochure package. |
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| Location Description: | 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. | |
| Site Description: | The parcel is currently being farmed. This is flat agricultural land with road frontage on Berta road and Rt. 113. | |
| Side of Street: | Southeast corner of Rt. 113 and Berta Rd. | |
| Highway Access: | Approximately 2 miles to Interstate 55 at Rt. 113 or I-55 at Reed road. |
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| Road Type: | Rt. 113 is a State Highway Berta road is a City road |
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Land Related |
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| Lot Frontage (Feet): | There is an access point of approximately 44 feet on Rt. 113 for the commercial development. 330 feet of commercial frontage on Berta road plus an additional 2223 feet of frontage on Berta road. | |
| Buildings: | No Buildings | |
| Zoning Description: | R-1 is single family lots R-3 is duplex lots B-1 Business-Commercial. |
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| Flood Plain or Wetlands: | None known | |
| Topography: | Flat | |
| FSA Data: | 103.65 Cropland Acres Corn base of 77.77 acres and corn yield of 104 Soybean base of 25.88 acres and soybean yield of 32 |
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| Soil Type: | The primary soils on this farm are: Sparta loamy fine sand (88B) Gilford fine sandy loam C201A) Papineau sandy loam (42A) |
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| Available Utilities: | All utilities are at the site. | |
Financials |
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| Finance Data Year: | 2017 | |
| Real Estate Taxes: | The 2017 Real estate taxes paid in 2018 were $1,612 or $14.65 per acre. | |
| Investment Amount: | 106 acres of platted residential lots at $14,500 per acre for a total of $1,537,000 3.97 acres of commercial land at $2/SF or $345,867. The total investment amount for Prairie Lake Estates platted subdivision in Diamond Illinois is $1,879,381. |
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Location |
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| Address: | South Berta Road Diamond, IL 60416 |
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| County: | Grundy County Illinois | |
MARK GOODWIN PROFESSIONAL BIOGRAPHY
It is difficult to find a real estate professional that specializes in Illinois Land Brokerage. Our services area includes Kendall County, Grundy County, Kane County, LaSalle County, Kankakee County, Livingston County, Ford County,Bureau, Henry County, Kane County, Dekalb County, Lake County, Iroquois County, Vermilion County, Kankakee County, and Cook County. Illinois Land Brokerage is a very specialized segment of the real estate brokerage industry. Knowledgeable Land Brokers are difficult to find. Many agents can sell a farm, but how many have the experience and qualifications of Goodwin and Associates?
Mark Goodwin is a Illinois Land Broker who can advise you about your land asset. It takes an experienced Illinois Land Broker to understand how best to market your land asset or find the property that best fits the investors needs or desires. Goodwin and Associates is the Land Broker for you in Illinois. We can help you with the marketing of your farm, residential development land, industrial land and commercial land or help with the selection of farmland, commercial land, retail land, industrial land, residential development land, residential lots, industrial lots and commercial lots. We are here to help you reach your goals.
Mark Goodwin - Illinois Land Broker
1-815-741-22261-815-741-2226 mgoodwin@bigfarms.com
Goodwin & Associates Real Estate, LLC
is an AGENT of the SELLERS.