Residential Development Lot
For Sale
Contact for pricing
8 W Elmwood Avenue, Wilmington, IL 60481
Land, Wilmington, IL
Property SizeContact for details
Lot Size0.12 Acres
Days on Market610
Property Features for 8 W Elmwood Avenue
General Information
Property type
Land
Property subtype
Other
Zoning
SINGL
Subdivision
Rest Haven
Elementary school district
209U
Middle school district
209U
High school district
209U
Directions
Here are the basic driving directions from Chicago, IL to W Elmwood Ave, Wilmington, IL 60481: Start on I-94 E/I-90 W from downtown Chicago: Head south on S Michigan Ave. Take the ramp to I-90 W/I-94 W. Take I-57 S: Continue on I-90 W/I-94 W. Follow signs for I-57 S toward Peoria. Exit at 348B for IL-53 S/US-45 S toward Monee: Take Exit 348B for IL-53 S/US-45 S toward Monee/Wilmington. Continue on IL-53 S/US-45 S: Follow IL-53 S for about 10 miles. Turn right onto W Elmwood Ave: Turn right at the 1st cross street onto W Elmwood Ave. You'll reach your destination in Wilmington, IL.
Standard status
Active
APN
0824132110010000
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2022
Tax Annual Amount
378
Listing Agency:
ListWithFreedom.com
(855) 456-4945
Listed By:
Henry Torn · License #471018202
(855) 456-4945
Added: Dec 18, 2024
Changed: Aug 20
Last Checked: Aug 20 at 4:06PM
MLS# 12258366
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 offering is a residential land package totaling 0.12 acres, combining three parcels located in the Municipality of Wilmington. The property is presented for sale as a group and is suited for buyers looking to develop or build a new home on the combined lots.
The parcels are addressed as 2 W Elmwood Ave, 5 W Elmwood Ave, and 8 W Elmwood Ave in Wilmington, IL 60481. The listing also notes that Wilmington is located in Will County and is situated along the Kankakee River, with access to larger nearby cities including Joliet and Chicago.
For prospective owner-builders or residential developers, the primary advantage of this package is the ability to consolidate multiple parcels under one purchase. Its residential land designation and municipal location make it a straightforward fit for those planning new single-family construction within Wilmington.
The parcels are addressed as 2 W Elmwood Ave, 5 W Elmwood Ave, and 8 W Elmwood Ave in Wilmington, IL 60481. The listing also notes that Wilmington is located in Will County and is situated along the Kankakee River, with access to larger nearby cities including Joliet and Chicago.
For prospective owner-builders or residential developers, the primary advantage of this package is the ability to consolidate multiple parcels under one purchase. Its residential land designation and municipal location make it a straightforward fit for those planning new single-family construction within Wilmington.
Key Highlights
- 0.12‑acre residential lot in Wilmington, IL, combining three parcels
- Sold as package with properties at 2 W Elmwood Ave, 5 W Elmwood Ave, and 8 W Elmwood Ave (Wilmington, IL 60481)
- Located in the Municipality of Wilmington, IL in Will County
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
14
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Package includes multiple residential parcels in Wilmington, IL for new home construction opportunities.
Where is this residential land & home lot located?
The property is located at 8 W Elmwood Avenue Wilmington, IL.
What are key features of this property?
This property features: 0.12‑acre residential lot in Wilmington, IL, combining three parcels; Sold as package with properties at 2 W Elmwood Ave, 5 W Elmwood Ave, and 8 W Elmwood Ave (Wilmington, IL 60481); Located in the Municipality of Wilmington, IL in Will County
