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Wilmington, IL Multi-Family Lot
For Sale
$65,000

Buchanan Street, Wilmington, IL 60481

Land, Wilmington, IL

Property SizeContact for details
Lot Size0.62 Acres
Days on Market2927

Property Features for Buchanan Street

General Information

Property type Land
Property subtype Other
Zoning MULTI
Elementary school district 209U
Middle school district 209U
High school district 209U
Directions Rt 102 to Kahler east to buchanan s to sign
Subdivision Wilmington
Standard status Active
APN 0317364000310000
Lot size 0.62 Acres

Taxes and HOA fees

Tax Year 2021
Tax Annual Amount 1371
Listing Agency: Pro Real Estate
Listed By: Mark Shell
Added: Oct 25, 2018 Changed: Aug 19 Last Checked: Oct 29 at 8:06AM
MLS# 10122533

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.

Rey
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Investment Insights

Based on property information with market context.

This 0.62-acre lot, located in Wilmington, Illinois, is zoned R-5 for multi-family use. The property presents a rare opportunity for development. Restrictions on liquor and tobacco sales will apply.

Key Highlights

  • Multi‑family lot ideal for development.
  • Zoned R‑5, allowing for multi‑unit construction.
  • Rare find, these properties don't come up often.

Property Analytics

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Location Intelligence

Trade Area within ½ mile

173
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Multi-family lot zoned R-5 in Wilmington, Illinois.
Where is this residential land & home lot located?
The property is located at Buchanan Street Wilmington, IL.
What is the asking price?
The asking price for this property is $65,000.
What are key features of this property?
This property features: Multi‑family lot ideal for development.; Zoned R‑5, allowing for multi‑unit construction.; Rare find, these properties don't come up often.
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Includes: Price & PSF · Cap rate · Location · Zoning

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