Wilmington, IL Commercial Real Estate for Sale

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Manteno, IL Elwood, IL Manhattan, IL
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Downtown Wilmington Mixed-Use Investment
Updated: Apr 28
Downtown Wilmington Mixed-Use Investment

116-118 S Water Street, Wilmington, IL 60481

$1,165,000
0.30 AC lot
Prime downtown Wilmington location on the water, offering excellent visibility and accessibility.
Turnkey, leased mixed‑use property generating income with retail, bar, and office suites.
Professionally rehabbed with designer‑level finishes, essentially new construction.
Versatile B‑2A zoning allows for a wide range of potential uses (retail, hospitality, office, entertainment).
All bathrooms are ADA compliant.
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Retail and Outdoor Storage Property
Updated: Sep 2, 2025
Retail and Outdoor Storage Property

508 N Kankakee Street, Wilmington, IL 60481

$799,000
0.85 AC lot
Dual‑income stream: Retail vendor space and 39 fully occupied outdoor storage units.
Established, profitable business with a loyal customer base.
Spacious 17,000 sq ft building with 50+ vendor booths.
Prime location in the heart of Wilmington.
Turnkey business with growth potential.
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Wilmington Restaurant Opportunity
Wilmington Restaurant Opportunity

403 N Main Street, Wilmington, IL 60481

$799,000
0.40 AC lot

Bank-owned restaurant with high-quality equipment and second-floor office/apartment.

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Flex Building with Two-Bay Car Wash
Flex Building with Two-Bay Car Wash

1135 S Water Street, Wilmington, IL 60481

$2,500,000
4.06 AC lot

Flexible commercial building with private offices, large shop space, and an on-site two-bay car wash.

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Commercial Land with Billboards
Commercial Land with Billboards

625 W Baltimore Street, Wilmington, IL 60481

$349,000
0.67 AC lot

Multi-lot commercial land in Wilmington with IDOT-permitted outdoor advertising along a heavily traveled corridor.

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Wilmington, IL Industrial Land
Wilmington, IL Industrial Land

23962 Stripmine Road, Wilmington, IL 60481

$850,000
2.66 AC lot

2.66 acre industrial land for sale in Wilmington, IL.

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Wilmington, IL Land For Sale
Wilmington, IL Land For Sale

S Hickory Avenue lot: 26-33, Wilmington, IL 60481

Contact for pricing
0.38 AC lot

Land available in Wilmington, Illinois.

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Wilmington, IL Land For Sale
Wilmington, IL Land For Sale

2005 Roberts Street, Wilmington, IL 60481

$41,000
0.35 AC lot

0.35 acre commercial land available in Wilmington, Illinois.

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High-Frontage Commercial Land
High-Frontage Commercial Land

RT 53 Highway, Wilmington, IL 60481

$399,800
15.00 AC lot

Commercial land with utilities available and substantial frontage on RT 53 to support a range of roadside businesses.

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Wilmington Commercial Land For Sale
Wilmington Commercial Land For Sale

23962 Strip Mine Road, Wilmington, IL 60481

$850,000
115,870 sqft

Commercial land available in Wilmington, Illinois, totaling 115870 square feet.

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Multi-Tenant Warehouse with Outdoor Storage
Multi-Tenant Warehouse with Outdoor Storage

27942 S Kelly Rd, Wilmington, IL

$784,500
9.93 AC lot

Warehouse with outdoor storage and income potential in Wilmington, IL.

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Wilmington Land with Rail Access
Wilmington Land with Rail Access

Co Hwy 44, Wilmington, IL

$100,000
6.84 AC lot

6.837 acres near I-55 with rail and utilities.

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Industrial Land in Wilmington, IL
Industrial Land in Wilmington, IL

Wilmington, IL 60481

Contact for pricing
6.87 AC lot

6.873 acres of land suitable for industrial or commercial uses.

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Industrial Land with Trucking Permit
Industrial Land with Trucking Permit

25214 Lorenzo Rd, Wilmington, IL 60481

$1,499,999
3.00 AC lot

3 acres with special use permit for trucking.

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Wilmington Industrial Land Available
Wilmington Industrial Land Available

Kankakee River Drive & Route 53, Wilmington, IL 60481

$22,309,689
85.36 AC lot

85.36 acres of industrial land with city utilities.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 15 Active listings in Wilmington, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Commercial Land in Diamond, IL
Commercial Land in Diamond, IL

70 S Will Road, Diamond, IL 60416

$124,750

Commercial land with high exposure in growing Diamond, Illinois market.

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Braidwood Commercial Building on Main
Braidwood Commercial Building on Main

146 E Main Street, Braidwood, IL 60408

$150,000
2,000 sqft

1600 sq ft commercial building on busy Main Street.

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47 Acres Near I-55 Interchange
47 Acres Near I-55 Interchange

Coal City Rd, Braidwood, IL

$2,450,000
47.25 AC lot

47 acres with commercial or industrial potential near I-55.

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Diamond, IL Industrial Land Available
Diamond, IL Industrial Land Available

NE Corner of Spring Rd & Will Rd, Diamond, IL

$1,950,000
30.00 AC lot

Industrial land suitable for warehouse, trucking, or manufacturing.

View details

Off-Market Properties in Wilmington, IL

Consider similar Off-Market properties in Wilmington, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Wilmington, IL 60481
INDUSTRIAL (GENERAL)

Wilmington, IL 60481

Value Estimation by Request
139.61 AC lot
View details
1105 Water St
COMMERCIAL (GENERAL)

1105 Water St, Wilmington, IL 60481-1671

Value Estimation by Request
1.86 AC lot
View details
1105 Water St
COMMERCIAL (GENERAL)

1105 Water St, Wilmington, IL 60481-1671

Value Estimation by Request
1.55 AC lot
View details
31911 Riv Rd
COMMERCIAL (GENERAL)

31911 Riv Rd, Wilmington, IL 60481-9536

$1,145,000
Estimated value
0.22 AC lot
View details
27944 Kelly Rd
COMMERCIAL (GENERAL)

27944 Kelly Rd, Wilmington, IL 60481-8389

Value Estimation by Request
9.93 AC lot
View details
105 Water St
COMMERCIAL (GENERAL)

105 Water St, Wilmington, IL 60481-1373

Value Estimation by Request
0.06 AC lot
View details
606 Van Buren St, Unit D
COMMERCIAL (GENERAL)

606 Van Buren St, Wilmington, IL 60481-1199

Unit D
$1,500,000
Estimated value
0.58 AC lot
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606 Van Buren St, Unit C
COMMERCIAL (GENERAL)

606 Van Buren St, Wilmington, IL 60481-1199

Unit C
$1,500,000
Estimated value
0.03 AC lot
View details
201 1st St
COMMERCIAL (GENERAL)

201 1st St, Wilmington, IL 60481-1102

Value Estimation by Request
0.50 AC lot
View details

Wilmington, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Wilmington, IL, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 115,870 square feet of properties for sale, with an estimated market value of $850,000.

Sale prices for business properties in Wilmington, IL start at $850,000, averaging $850,000, and reaching up to $850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 11K
Population Growth (5Y) -2.3%
Median Household Income $76,398
College Educated 22.7%

High-Yield Neighborhoods for Investment

Identify Wilmington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60481 $2.5M

Taxes & Financing

Tax Rate (average for all types) 7.87%
Property Tax per SF $83.52 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Will County

New Delisted

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