Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Lorenzo Rd Wilmington, IL 60481

    • Commercial real estate
    • 22.85 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-4868037
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for Lorenzo Rd

    Lot size
    22.85 lot acres
    Property type
    Commercial real estate
    APN
    03-17-16-202-001
    APU
    31716202001

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    Will
    State
    Illinois
    Longitude
    -88.1967
    Latitude
    41.3444
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $258,950
    $928,890
    $2,415,426
    $3,344,316
    -
    $2,786,670
    $7,246,278
    $10,032,948

    Comparable in this City

    • Value Estimation by Request
      0.40 Acres

      403 Main St

      COMMERCIAL (GENERAL) • 0.40 Acres
      403 Main St, Wilmington, IL 60481
      View Details
    • Value Estimation by Request
      2.07 Acres

      121 Robert P Weidling Dr

      COMMERCIAL (GENERAL) • 2.07 Acres
      121 Robert P Weidling Dr, Wilmington, IL 60481-1679
      View Details
    • Value Estimation by Request
      11.02 Acres

      29400 State Rte 53

      COMMERCIAL (GENERAL) • 11.02 Acres
      29400 State Rte 53, Wilmington, IL 60481
      View Details
    • Value Estimation by Request
      249.30 Acres

      23743 Stripmine Rd

      COMMERCIAL (GENERAL) • 249.30 Acres
      23743 Stripmine Rd, Wilmington, IL 60481-9384
      View Details
    • Value Estimation by Request
      0.49 Acres

      1010 Buchanan St, Unit 6

      COMMERCIAL (GENERAL) • 0.49 Acres
      1010 Buchanan St, Wilmington, IL 60481-1681
      View Details
    • Value Estimation
      $90,000
      0.32 Acres

      118 Water St

      COMMERCIAL (GENERAL) • 0.32 Acres
      118 Water St, Wilmington, IL 60481-1372
      View Details

    Similar Nearby for Sale

    • $750,000
      16,000 SF

      Wilmington Retail Space - High Traffic!

      Prime Retail Space, High Visibility, 16,000 sq ft.
      1085 Water St, Wilmington, IL 60481
      View Details
    • $34,900
      0.38 Acres

      Wilmington Land Investment Opportunity

      Eight contiguous parcels of land in Wilmington, Illinois.
      26-33 S Hickory Ave, Wilmington, IL 60481
      View Details
    • Contact for pricing

      Residential Land in Wilmington, IL

      Vacant lot in a quiet neighborhood, ideal for families.
      Ryan St, Wilmington, IL 60481
      View Details
    • $850,000
      2.66 Acres

      Prime Commercial Land I-55 Frontage

      High-visibility commercial land ideal for development off I-55.
      23962 Stripmine Rd, Wilmington, IL 60481
      View Details
    • $65,000
      0.62 Acres

      Wilmington Land For Sale

      Multi-family lot zoned R-5 in Wilmington, Illinois.
      0000 Buchanan St, Wilmington, IL 60481
      View Details
    • $459,900
      15.00 Acres

      Wilmington Land with Highway Frontage

      15 acre commercial land parcel with highway frontage near I-55.
      000 Rt 53 Hwy, Wilmington, IL 60481
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      500,000 SF

      Modern Wilmington Warehouse For Lease

      500,000 SF Warehouse, 94,000 SF Available
      30610 Kavanaugh Rd, Wilmington, IL 60481
      View Details
    • Contact for pricing
      1,002,000 SF

      ELP 55 Industrial Space

      1,002,000 SF industrial space in Wilmington, IL available for rent.
      30425 Ragain Ln, Wilmington, IL 60481
      View Details
    • Contact for pricing
      5,663 SF

      Wilmington Commercial Building For Rent

      1400 sq ft commercial building with private parking lot.
      105 S Water St, Wilmington, IL 60481
      View Details
    • Contact for pricing
      10,890 SF

      Wilmington Commercial Space For Lease

      Commercial space with overhead door, kitchen, bathroom, and office.
      260 School St, Wilmington, IL 60481
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Lorenzo Rd
    Wilmington, IL 60481
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.