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    Property profile & analytics

    Wilmington, IL 60481

    • Industrial land
    • 29.51 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-4842435
    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

    • Industrial land

    Property Details

    Lot size
    29.51 lot acres
    Property type
    Industrial land
    APN
    06-01-400-008
    APU
    601400008

    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
    Grundy
    State
    Illinois
    Longitude
    -88.2509
    Latitude
    41.3632
    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
    $2,010
    $39,435
    $0.00
    $39,435
    -
    $118,305
    $0.00
    $118,305

    Comparable in this City

    • Value Estimation by Request

      Wilmington, IL 60481

      INDUSTRIAL - VACANT LAND
      Wilmington, IL 60481
      View Details
    • Value Estimation by Request
      4.04 Acres

      Rt 53

      INDUSTRIAL - VACANT LAND • 4.04 Acres
      Rt 53, Wilmington, IL 60481
      View Details
    • Value Estimation by Request
      0.55 Acres

      Tower Rd

      INDUSTRIAL - VACANT LAND • 0.55 Acres
      Tower Rd, Wilmington, IL 60481
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    • Value Estimation by Request
      27.58 Acres

      Elion Blvd

      INDUSTRIAL - VACANT LAND • 27.58 Acres
      Elion Blvd, Wilmington, IL 60481
      View Details
    • Value Estimation by Request
      4.60 Acres

      Graaskamp Blvd

      INDUSTRIAL - VACANT LAND • 4.60 Acres
      Graaskamp Blvd, Wilmington, IL 60481
      View Details
    • Value Estimation by Request
      19.96 Acres

      Rt 53

      INDUSTRIAL - VACANT LAND • 19.96 Acres
      Rt 53, Wilmington, IL 60481
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      3.00 Acres

      Wilmington Industrial Land - Truck Terminal

      Three-acre lot, ideal truck repair facility.
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      Prime Wilmington Industrial Land

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      0.12 Acres

      Wilmington, IL Land For Sale

      Land for sale in Wilmington, Illinois.
      8 W Elmwood Ave, Wilmington, IL 60481
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    Similar Nearby for Lease

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      1,002,000 SF

      ELP 55 Industrial Space

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      5,663 SF

      Wilmington Commercial Building For Rent

      1400 sq ft commercial building with private parking lot.
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      10,890 SF

      Wilmington Commercial Space For Lease

      Commercial space with overhead door, kitchen, bathroom, and office.
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    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
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