23962 Stripmine Road Wilmington, Wilmington, IL 60481

Listed By: Brenda Valdez Show Phone

Source: Remaxadream

Added: Jul 8 Changed: Nov 12 Last Checked: Oct 7 at 9:32AM

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Investment Insights

Based on property information with market context.

This commercial land offering comprises approximately 2.66 acres at the corner of Stripmine Road and Route 129 in Wilmington, Illinois. The site is positioned directly off Interstate 55 and includes asphalt and gravel surface areas. A small bar-and-grill building occupies part of the property, but the business, personal property, business assets, and fixtures are excluded from the sale. The existing business is expected to close before scheduled closing.

The property carries INDUS zoning and has frontage along a county road and Interstate 55. The lot dimensions are identified as 223x491x222x491. A new I-55 interchange is being built within close proximity to the property, according to the provided information.

Key Highlights

• Approximately 2.66 acres of commercial land
• Corner location at Stripmine Road and Route 129 in Wilmington, Illinois
• Directly off Interstate 55 with county‑road and interstate frontage

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Commercial land

Suggested Use

Top Pick Plumbing Service Auto Repair Shop Building Supply Storage Facility Catering Service Bar & Pub

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

12

Businesses Nearby

Explore this area Business Placement

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

Properties on Market for Commercial land in Will County

Jul

Aug

Sep

Oct

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Commercial land - INDUS-zoned commercial land at a county-road and interstate corner, with an existing bar-and-grill structure on a portion of the site.

Where is this commercial land located?

The property is located at 23962 Stripmine Road Wilmington Wilmington, IL.

What is the asking price?

The asking price for this property is $850,000.

What are key features of this property?

This property features: Approximately 2.66 acres of commercial land; Corner location at Stripmine Road and Route 129 in Wilmington, Illinois; Directly off Interstate 55 with county‑road and interstate frontage