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Property profile & analytics
OFF-MARKET
Land

0 Spring Rd Coal City, IL 60416

30 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 30-acre parcel presents a rare opportunity for industrial development in the thriving Village of Diamond, Illinois. Strategically located in Will County, this property boasts 1214 feet of frontage along I-55, providing unparalleled access to major transportation arteries. Conveniently situated near IL Rt. 113 to the north and Reed Road to the south, this location offers easy access to key regional thoroughfares. The site benefits from its inclusion in both the Diamond Tax Increment Financing (TIF) district and an enterprise zone, offering potential economic incentives for development. Furthermore, its proximity to the Illiana Expressway, Ridgeport Intermodal facility, and a proposed Coal City Intermodal facility underscores its strategic location within a robust logistics network. The property is zoned for industrial use, allowing for a wide range of development possibilities. The seller is open to exploring build-to-suit options, making this an attractive proposition for businesses seeking a customized solution. The APN is 02-24-06-300-006-0000. The asking price for this significant industrial land opportunity is $1,950,000. This is a truly exceptional opportunity for businesses seeking a prime location with excellent access and development potential.

Property profile
Verified
Property type Land
Lot 30 ac (1,306,800 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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