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110 Acres Prairie Lake Estates

S Berta Rd, Diamond, IL 60416

For Sale
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110 acres for residential and commercial development in Diamond, Illinois.

Property SizeContact for details
Lot Size110.00 Acres
Days on Market1615

Property Features for S Berta Rd

General Information

Standard status Active
Lot size 110.00 Acres
Property subtype Land
Zoning R-1, R-3, & B-1
Listing Agency: Big Farms
Listed By: Mark Goodwin · License IL 471.003664
Source: Crexi
Added: Jun 14, 2022 Changed: Nov 13 Last Checked: Aug 14 at 5:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Big Farms

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Investment Insights

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Prairie Lake Estates comprises 110 total acres in Diamond, Illinois. The site is platted for 108 units of duplex homes, 180 single-family lots, and 3.97 acres of commercial space. Utilities are available at the site, and there are no recapture fees. The site plan calls for 12,000 SF lots, but could be amended to smaller lots. The current site plan has expired. A bike path has been previously donated to the village of Diamond along the angling eastern border of the property. The property offers easy access to I-55 at two locations, via Rt. 113 or Reed Road to the south. Diamond and Coal City are experiencing low residential lot inventory.

Key Highlights

  • 110 total acres platted for 108 duplex units and 180 single family lots.
  • Utilities are at the site with no recapture fees.
  • Located in Diamond, Illinois, where residential lot inventory is low.

Property Analytics

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Location Intelligence

Trade Area within ½ mile

62
Businesses Nearby

Demographics for 60416, IL

9,512
Population
3,803
Households
2.5
Avg Household Size
38
Median Age
20%
College-Educated
93%
High-School Grad
22.8 sq mi
ZIP Area
417
Density / Sq Mi
$71,865
Median Household Income
$47,609
Median Earnings
$1,074
Median Rent
$222,900
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 110 acres for residential and commercial development in Diamond, Illinois.
Where is this residential land & home lot located?
The property is located at S Berta Rd Diamond, IL.
What is the asking price?
The asking price for this property is $4,791,600.
What are key features of this property?
This property features: 110 total acres platted for **108 duplex units and 180 single family lots.**; Utilities are at the site with no recapture fees.; Located in Diamond, Illinois, where residential lot inventory is low.
(815) 922-9222 · Office Call to check price and availability
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