Current Use by Public Records
- Land
Property Details for 0 Berta Rd
- Lot size
- 110.00 lot acres
- Property type
- Land
Description
This exceptional 110-acre development site presents a unique opportunity in Grundy County, Illinois, specifically in the town of Diamond. Located at S Berta Rd, 60416, this property boasts a prime location with easy access to I-55 via two convenient routes (Rt. 113 or Reed Road to the south). The site is zoned R-1, R-3, and B-1, allowing for diverse development options. A previous site plan, now expired, envisioned 108 duplex units, 180 single-family lots, and 3.97 acres dedicated to commercial use. While the existing plan calls for 12,000 square foot lots, adjustments to accommodate smaller lots are feasible. Utilities are readily available on-site, eliminating recapture fees. The property includes a previously donated bike path along its eastern border, adding to its appeal. Given the current low inventory of residential lots in Diamond and Coal City, this presents a timely and potentially lucrative investment. The APN numbers for this property are 09-01-101-022 and 09-01-151-002. This substantial land parcel offers significant potential for a developer seeking to capitalize on the strong demand for housing in this area. The asking price for this remarkable opportunity is $4,791,600.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Braceville
- County
- Grundy
- State
- Illinois
- Longitude
- -88.2656
- Latitude
- 41.2873
