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    • Brokers

    Mark Shell, Wilmington, IL

    License ID: 471000250
    Years of Experience
    40
    Association
    Illinois Association Of Realtors

    Service Locations

    Contact details

    Phone:
    (815) 476-7916
    Office Address:
    506 S Water St, Wilmington, IL 60481

    Property Types

    • Commercial Lease
    • Land

    Performance

    Listings
    6
    Total transactions
    160
    Total transactions amount
    $29M
    Price range
    $40k - 360k
    Average price
    $181k

    Listings

    For Sale (5)

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    • Contact for pricing

      Residential Land in Wilmington, IL

      Vacant lot in a quiet neighborhood, ideal for families.
      Ryan St, Wilmington, IL 60481
      View Details
    • $459,900
      15.00 Acres

      Wilmington Land with Highway Frontage

      15 acre commercial land parcel with highway frontage near I-55.
      000 Rt 53 Hwy, Wilmington, IL 60481
      View Details
    • $189,900
      11.25 Acres

      Wilmington Land with Wooded Acreage

      11.25 acres of wooded land near Wilmington, Illinois.
      0000 Stevens Ln, Wilmington, IL 60481
      View Details
    • $39,900
      0.31 Acres

      Residential Land Near Kankakee River

      Spacious homesite near Kankakee River in Wilmington, Illinois.
      Parcel C Tommy Dr, Wilmington, IL 60481
      View Details
    • $65,000
      0.62 Acres

      Wilmington Land For Sale

      Multi-family lot zoned R-5 in Wilmington, Illinois.
      0000 Buchanan St, Wilmington, IL 60481
      View Details

    For Lease (1)

    View map
    • Contact for pricing
      5,663 SF

      Wilmington Commercial Building For Rent

      1400 sq ft commercial building with private parking lot.
      105 S Water St, Wilmington, IL 60481
      View Details

    Leases and Sales on Map

    • For Sale
    • For Lease

    Properties for sale

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    Mark Shell, Wilmington, IL
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    Mark Shell, Wilmington, IL
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