Search
Two-Unit Retail Building with Parking
For Sale
$475,000

605 W Baltimore Street, Wilmington, IL 60481

Two-unit storefront building with B-3 zoning, approximately 25 parking spaces, and high-visibility frontage on Route 66/Route 53.

Lot Size0.50 Acres
Days on Market373

Property Features for 605 W Baltimore Street

General Information

Standard status Active
Total Parking Spaces 25
Lot size 0.50 Acres
Property subtype Business Opportunity
Zoning B-3

Additional Details

Traffic Count 10,650 vehicles/day

Building Details

Building Size 5,000 SF
Listing Agency: @properties Christie's International Real Estate
Listed By: Jerrick Longest
Source: Perillorealestategroup
Added: Jul 23, 2025 Changed: Jul 28 Last Checked: Jul 29 at 1:04PM

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 @properties Christie's International Real Estate

Investment Insights

Based on property information with market context.

This turnkey two-unit commercial storefront building offers an existing setup for immediate operation, with fixtures, furnishings, and equipment negotiable for a reasonable offer. The property sits on two combined parcels totaling just over 0.5 acres, with ample parking along the business frontage and side lot, approximately 25 spaces. The seller has owned the property since 2002, and multiple possibilities are noted for a drive-thru configuration.

The building benefits from high visibility alongside the historic Route 66/Route 53 corridor, with an IDOT-stated 10,650 daily traffic count. Zoned B-3, the site also presents options for new development or an addition to the existing structure.

Located at 605 W Baltimore Street in Wilmington, IL 60481, this property is positioned for retail-focused use under B-3 zoning and supports a range of layout and operational updates based on the existing improvements and parking arrangement.

Key Highlights

  • Two‑unit commercial storefront building along historic Route 66 with B‑3 zoning
  • High‑traffic frontage on Route 66/Route 53 with 10,650 daily traffic count per IDOT
  • Two parcels total just over 0.5 acre, offering potential for new development or an addition

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Garden Center Furniture & Home Goods HVAC Service Carpet & Flooring Store

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

10,650 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

204
Businesses Nearby
40k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 56% Groceries 28% Dining 16%
Circle K Shops & Services
13,929 visits/mo 0.0 miles
Berkot's Super Foods Groceries
11,479 visits/mo 0.1 miles
Dollar General Shops & Services
7,316 visits/mo 0.1 miles
Burger King Dining
6,413 visits/mo 0.1 miles
Super Wash Shops & Services
1,207 visits/mo 0.3 miles

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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • The Flower Loft — 221 N Water St, Wilmington, IL 60481

Frequently Asked Questions

What type of property is this?
Storefront property - Two-unit storefront building with B-3 zoning, approximately 25 parking spaces, and high-visibility frontage on Route 66/Route 53.
Where is this storefront property located?
The property is located at 605 W Baltimore Street Wilmington, IL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two‑unit commercial storefront building along historic Route 66 with B‑3 zoning; High‑traffic frontage on Route 66/Route 53 with 10,650 daily traffic count per IDOT; Two parcels total just over 0.5 acre, offering potential for new development or an addition
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message