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Listing provided courtesy of Able Realty, Inc.MREDas Distributed by MLSGrid- MLS# 12603671MLS Provider

Wilmington, IL 60481

Commercial · 3,100 Sq. ft.
$325,000 Active

Overview

Time on Site:
21 days
Visits:
0

Two story commercial building with 2 second floor apartments. All in good condition. Each apartment is 2 bedroom, 1 bath approx 800 sqft each, Down stairs (1-2 units) is approx 1600 sgft, 2 full baths, laundry room, and store room.

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Facts & Features

  • Type Commercial
  • Sq. ft. 3,100
  • Price/Sq.ft. $105

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 35000
  • Gross Scheduled Income: 35000
  • Insurance Expense: 4574
  • Net Operating Income: 0
  • Operating Expense: 2702
  • Trash Expense: 1525
  • Water Sewer Expense: 2530

Building Information

  • Year Built: 1890

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Will
  • MLS Area Major: Wilmington
  • Township: Wilmington

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Electricity, Heat

Tax Information

  • Tax Annual Amount: $2,877.18
  • Tax Year: 2025

General Information

  • Parcel Number: 0317253220070000
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: RTAIL

Interior

Building Information

  • Office SqFt.: 800
  • Other SqFt.: 1600
  • Retail SqFt.: 800

Building Interior

  • Building Area Total: 3100

General Information

  • Cooling: Chillers
  • Electric: Circuit Breakers, Separate Meters, Service - 0 to 100 Amps, Service - 101 to 200 Amps, Power - 120V
  • Flooring: Wood
  • Foundation Details: Stone
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 22X130
  • Lot Size Square Feet: 2860

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Rubber

General Information

  • Number Of Units Total: 4

Neighborhood

Community

60481 (Wilmington) Demographics

46
Median Age
100
Population Density (per sq. mile)
24%
College Educated
$64,956
Estimated Median Income
3,461
Estimated Total Home Owners
1,164
Estimated Total Renters
75% / 25%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Monthly Cost

$
$ %
%
$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Market Data

Based on the last 30 days in this zip code

$299,316
Average List Price
$231
Average Price per Square Foot
21
Properties Sold
53
Average Days on Market
50
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
6/13/2026Source: MRED Status Change
Active
6/8/2026Source: MRED Added to Database
June 08, 2026