Industrial Commercial
For Sale
Contact for pricing
23962 Stripmine Road, Wilmington, IL 60481
Corner site with INDUS zoning and direct access from Interstate 55 near Route 129.
Property SizeContact for details
Days on Market258
Property Features for 23962 Stripmine Road
General Information
Standard status
Active
Property subtype
Land, Industrial, Retail
Zoning
INDUS
Building Details
Year Built
1988
Units
1
Listing Agency:
Lori Bonarek Realty
(815) 518-2300
Listed By:
Deborah Durando · License #475149805
Source:
Crexi
Added: Dec 15, 2025
Changed: Aug 30
Last Checked: Aug 30 at 4:14PM
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 Lori Bonarek Realty
Investment Insights
Based on property information with market context.
This approximately 2.66-acre commercial land parcel is positioned at the corner of Stripmine Road and Route 129 in Wilmington, Illinois, with direct access from Interstate 55. The site carries INDUS zoning and includes a small existing building constructed in 1988. A bar and grill currently occupies part of the property, but the business is excluded from the sale and is expected to close before closing. Personal property, business assets, and fixtures inside the building are also excluded.
The property is located near a planned new Interstate 55 interchange. The parcel has been identified for potential commercial development, including storage, convenience, and retail uses. Its value is attributed to the land rather than the existing building.
The property is located near a planned new Interstate 55 interchange. The parcel has been identified for potential commercial development, including storage, convenience, and retail uses. Its value is attributed to the land rather than the existing building.
Key Highlights
- Approximately 2.66 acres at the corner of Stripmine Road and Route 129
- Directly off Interstate 55 near Wilmington, Illinois
- INDUS zoning
Property Analytics
Property Profile
Current Use
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
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Corner site with INDUS zoning and direct access from Interstate 55 near Route 129.
Where is this commercial land located?
The property is located at 23962 Stripmine Road 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 at the corner of Stripmine Road and Route 129; Directly off Interstate 55 near Wilmington, Illinois; INDUS zoning
