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Brick Restaurant with Second-Floor Apartment
For Sale
$799,000

403 N Main Street, Wilmington, IL 60481

Commercial Sale, Wilmington, IL

Property SizeContact for details
Lot Size0.40 Acres
Days on Market250

Property Features for 403 N Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions Baltimore (rt 66) to Main, north to property
Subdivision Wilmington
Standard status Active
APN 0317253300030000
Lot size 0.40 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 24655

Utilities

Cooling system Central Air

Amenities

gaming section
multiple bar areas

Building Details

Year built 2021
Floors in Building 2
Number of units 1
Listing Agency: RE/MAX Top Properties · RE/MAX International
Listed By: Philip Howell · License #475119140
Added: Dec 23, 2025 Changed: Aug 20 Last Checked: Aug 30 at 1:06PM
MLS# 12536663

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Built in 2021, this brick restaurant property combines a commercial dining and entertainment layout with an office or apartment on the second floor. The interior includes a gaming section, multiple bar areas, and extensive professional equipment that remains with the property. Central air is installed, and the site provides ample parking on approximately 0.4017 acres.

The property is located at 403 N Main Street in Wilmington, Illinois, near Route 66 and the surrounding communities. Zoning is designated COMMR. The combination of restaurant infrastructure, bar areas, upper-level space, and existing equipment creates a distinctive commercial configuration for an operator or purchaser evaluating a restaurant asset.

Key Highlights

  • Restaurant property built in 2021
  • Brick construction with office or apartment on the second floor
  • Extensive professional equipment included

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Garden Center Furniture & Home Goods Carpet & Flooring Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

406
Businesses Nearby
16k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 85% Dining 15%
Shell Shops & Services
5,933 visits/mo 0.4 miles
Mobil Shops & Services
4,843 visits/mo 0.3 miles
U.S. Bank Shops & Services
2,292 visits/mo 0.1 miles
SUBWAY Dining
1,527 visits/mo 0.3 miles
Pizza Hut Dining
902 visits/mo 0.2 miles

Demographics for 60481, IL

11,518
Population
5,553
Households
2.1
Avg Household Size
46
Median Age
17%
College-Educated
92%
High-School Grad
123.5 sq mi
ZIP Area
93
Density / Sq Mi
$76,398
Median Household Income
$45,563
Median Earnings
$975
Median Rent
$224,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Recent construction with professional equipment, gaming space, multiple bars, and ample parking supports varied restaurant operations.
Where is this conventional restaurant located?
The property is located at 403 N Main Street Wilmington, IL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Restaurant property built in 2021; Brick construction with office or apartment on the second floor; Extensive professional equipment included
More about this property
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