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Residential Lot in Wilmington, IL
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2 West Elmwood Avenue, Wilmington, IL 60481

Residential lot in Wilmington, IL, build your vision.

Property SizeContact for details
Lot Size0.08 Acres
Days on Market777

Property Features for 2 West Elmwood Avenue

General Information

Standard status Active
Lot size 0.08 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $126
Listing Agency: ListWithFreedom.com
Listed By: Henry Torn · License #471018202
Source: Compass
Added: Aug 20, 2024 Changed: Sep 15 Last Checked: Oct 4 at 12:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ListWithFreedom.com

Investment Insights

Based on property information with market context.

This residential lot, located in Wilmington, IL, offers an opportunity for construction. The lot size is 3,670.4 square feet, which is equivalent to 0.0842607897 acres. Wilmington, situated in Will County along the Kankakee River, combines natural landscapes with contemporary conveniences. The city provides schools, parks, dining establishments, and shopping venues, with convenient connections to larger urban centers like Joliet and Chicago. Known for its community and recreational activities, Wilmington also features a historic downtown area. Its location near major highways, including I-55, allows residents to enjoy a tranquil environment with access to urban amenities.

Key Highlights

  • Prime residential lot in Wilmington, IL, offering a build‑to‑suit opportunity.
  • Sizeable lot: 3,670.4 sq. ft. (0.084 acres).
  • Located in Wilmington, a charming city with a rich history and small‑town atmosphere.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Auto Repair Shop Garden Center Storage Facility Big Box & Wholesale Store Kitchen & Bath Showroom Law Firm

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

14
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 - Residential lot in Wilmington, IL, build your vision.
Where is this residential land & home lot located?
The property is located at 2 West Elmwood Avenue Wilmington, IL.
What are key features of this property?
This property features: Prime residential lot in Wilmington, IL, offering a build‑to‑suit opportunity.; Sizeable lot: 3,670.4 sq. ft. (0.084 acres).; Located in Wilmington, a charming city with a rich history and small‑town atmosphere.
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