Listing provided courtesy of Lori Bonarek RealtyMREDas Distributed by MLSGrid- MLS# 12617717MLS Provider

23962 Stripmine RoadWilmington, IL 60481

Vacant Land · 2.66 Acres
$850,000 Active

23962 Stripmine Road Overview

Time on Site:
77 days
Visits:
0

LOCATION,LOCATION! An exceptional opportunity awaits to build, expand, or relocate your business on this high-visibility property located directly off Interstate 55 at the corner of Stripmine Rd and Route 129 in Wilmington, Illinois. This property consists of approximately 2.66 acres-an ideal site for prime commercial development. A small portion of the property currently includes an operational bar and grill; however, the business is not for sale and will be closed down prior to a scheduled closing, as owner is retiring. Personal property, business assets inside the building, and fixtures are not being sold with property. Bring maximum exposure to your business! According to the owner and IDOT's website a new I-55 interchange is being build within close proximity to the property. This new interchange is expected to significantly increase visibility and traffic flow, offering outstanding potential for future growth. Great opportunity for storage facility, convenience store, retail development and so much more! High traffic counts - Excellent visibility - Incredible opportunity for development. Property Value is in land NOT building.

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23962 Stripmine Road Facts & Features

  • Type Vacant Land
  • Lot 2.66 Acres

Details

General

School Information

  • School District: 209U

Business Information

  • Current Use: Commercial,Liquor License

Location/Region

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

Tax Information

  • Tax Annual Amount: $3,564.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 0317273000240000
  • Possible Use: Commercial,Industrial,Liquor License,Retail
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: INDUS

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Features: Asphalt, Gravel
  • Parking Total: 0

Lot Information

  • Frontage Length: 223
  • Frontage Type: County Road,Interstate
  • Lot Size Acres: 2.66
  • Lot Size Dimensions: 223x491x222x491
  • Road Surface Type: Asphalt

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electric to Site,Natural Gas Available

23962 Stripmine Road 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.

23962 Stripmine Road Monthly Cost

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* 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.

23962 Stripmine Road 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

23962 Stripmine Road History

Date Event Value Agent
4/18/2026Source: MRED Status Change
Active
4/13/2026Source: MRED Added to Database
April 13, 2026