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Flex Space with Overhead Doors
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601 Davy Lane, Wilmington, IL 60481

Commercial Lease, Wilmington, IL

Space Size7,300 SF
Days on Market10

Property Features for 601 Davy Lane

General Information

Property type Commercial Lease
Property subtype Other
Zoning INDUS
Directions Rte. 53 to Davy Ln. Property on the right
Subdivision Wilmington
Standard status Active

Taxes and HOA fees

Tax Annual Amount 6824

Utilities

Cooling system Central Air

Amenities

breakroom
conference room

Building Details

Year built 1980
Floors in Building 1
Listing Agency: Real Broker, LLC
Listed By: Daniel O'Leary
Added: Oct 18 Changed: Oct 19 Last Checked: Oct 27 at 11:06AM
MLS# 12788336

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.

Located at 601 Davy Lane in Wilmington, this 7,300-square-foot flex property combines an open warehouse and shop area with dedicated office space. The work area has a concrete floor and two overhead doors. The office portion includes two private offices, two bathrooms, a breakroom, and a large conference room, with central heating and air conditioning. The building was constructed in 1980 and is zoned INDUS.

Key Highlights

  • 7,300‑square‑foot flex property in Wilmington
  • Open warehouse and shop area with concrete flooring
  • Two overhead doors provide vehicle and equipment access

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Big Box & Wholesale Store Real Estate Agency Pharmacy Electrical Service Garden Center Furniture & Home Goods

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

2
Drive-in doors
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

195
Businesses Nearby
Well-served
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Flex space - Office and open work areas are combined in a flex property with industrial zoning.
Where is this flex space located?
The property is located at 601 Davy Lane Wilmington, IL.
What are key features of this property?
This property features: 7,300‑square‑foot flex property in Wilmington; Open warehouse and shop area with concrete flooring; Two overhead doors provide vehicle and equipment access
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