Current Use by Public Records
- Land
Property Details for 2701 Division St
- Lot size
- 1.15 lot acres
- Property type
- Land
Description
This 1.15-acre commercial land parcel presents a unique investment opportunity in Diamond, Illinois. Located directly adjacent to a new 63,234 square foot Jewel-Osco grocery store slated to open in Fall 2024, this property benefits from high visibility and significant foot traffic. The outlot is situated at a signalized intersection just west of a full interchange with Interstate 55, boasting a high daily traffic volume of 31,800 vehicles. This strategic location offers exceptional exposure for a variety of commercial uses, capitalizing on the substantial draw of the new Jewel-Osco. The property is delivered in a rough-graded condition, with utilities conveniently stubbed to the parcel, and off-site detention already in place, simplifying development and reducing upfront costs. Zoned B3 Service Business District, this parcel is ready for immediate development, making it an ideal location for businesses seeking high visibility and convenient access to a major highway and a thriving grocery store anchor. The property's address is 2701 E Division St, Diamond, IL 60416, within Grundy County.
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
- Diamond
- County
- Grundy
- State
- Illinois
- Longitude
- -88.2467
- Latitude
- 41.2886
