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    000 Rt 53 Hwy Wilmington, IL 60481

    Picture of Commercial land at Rt 53 Hwy 000, Wilmington, IL
    For Sale
    $459,900

    Land - Wilmington, IL

    Lot size:
    15.00 Acres
    Days on Market:
    85
    Last Refresh:
    Dec 13 at 5:06 pm

    Property Features for 000 Rt 53 Hwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    0918301000040000
    Lot size
    15.00 Acres

    Building Details

    Architectural style
    Other

    Wilmington Pro Real Estate Inc (815) 476-7916 [email protected]

    Listing agent Mark Shell (815) 476-7916 License #471000250

    Listing date Sep 20, 2025

    MLS# 12443529 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wilmington Land with Highway Frontage

    This 15-acre commercial land parcel is located in Wilmington, Illinois, offering a prime location with frontage on Route 53. The property is zoned B1 and benefits from the availability of water, gas, and electric utilities. It features approximately 2100 linear feet of frontage on Route 53, which experiences heavy traffic. The site is situated minutes from I-55 at the intersection of Route 53 and Peotone Road.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Wilmington
    County
    Will
    State
    Illinois
    Longitude
    -88.0518
    Latitude
    41.3199

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    FAQs

    What type of property is this?
    Commercial land - 15 acre commercial land parcel with highway frontage near I-55.
    Where is this commercial land located?
    The property is located at 000 Rt 53 Hwy Wilmington, IL.
    What is the asking price?
    The asking price for this property is $459,900.
    What are key features of this property?
    This property features: - Prime location at the intersection of RT 53 & Peotone Rd, minutes from I-55.; - **2100 linear feet of frontage on RT 53.**; - Zoned B1 for business use.
    (815) 476-7916
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    Wilmington, IL 60481
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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.

    More about this property
    000 Rt 53 Hwy Wilmington, IL 60481
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