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Wilmington Commercial Space For Lease
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260 School Street, Wilmington, IL 60481

COMMERCIAL - Wilmington, IL

Lot Size0.25 Acres
Days on Market408

Property Features for 260 School Street

General Information

Property type Commercial Lease
Property subtype Other
Directions Hwy 53 (Baltimore) to School- north to property
Subdivision Wilmington
Standard status Active
APN 0317264030050000
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 3850

Utilities

Cooling system Central Air

Building Details

Year built 1980
Floors in Building 2
Number of units 1
Listing Agency: RE/MAX Top Properties · RE/MAX International
Listed By: Philip Howell · License #475119140
Added: Jun 18, 2025 Changed: Apr 25 Last Checked: Jul 30 at 4:06PM
MLS# 12397680

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.

This commercial space for lease offers approximately 1250 square feet with an overhead door and full bay. The property, located in Wilmington, Illinois, includes a side and backlot area suitable for additional parking or equipment storage. The interior features a flowing layout with a kitchen area and a full bathroom. The second floor provides an additional office or personal area. The lot size is 0.25 acres. The space has been freshly updated and is available for immediate occupancy.

Key Highlights

  • Immediate Occupancy available
  • Overhead Door and Full Bay access
  • Additional Parking/Storage in side and backlot

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Pharmacy Law Firm Electrical Service Garden Center

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

369
Businesses Nearby
Balanced
Demand for This Use

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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Commercial space with overhead door, kitchen, bathroom, and office.
Where is this flex space located?
The property is located at 260 School Street Wilmington, IL.
What are key features of this property?
This property features: Immediate Occupancy available; Overhead Door and Full Bay access; Additional Parking/Storage in side and backlot
More about this property
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