Spring Rd Coal City, IL 60416
- Land
- 30.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Spring Rd
- Lot size
- 30.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Coal City
- County
- Will
- State
- Illinois
- Longitude
- -88.2465
- Latitude
- 41.2742
