For sale
$850,000
Est. $4,991/mo
Land
2.66
acres (lot)

23962 Stripmine Rd, Wilmington, IL 60481

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About this home

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.

Vacant landProperty Type
2.66 acresLot Size
$319,549Price/Acres
Listed by Deborah Durando Lori Bonarek Realty
Listing updated:
Redfin checked: 3 minutes ago
Source:MRED as Distributed by MLS Grid #12617717

Payment calculator

$4,991 per month

Principal and interest$4,467
Property taxes
HOA dues
Home insurance
Utilities
Down payment
20% ($170,000)
Home price
$850,000
Loan details
30-yr fixed, 6.88%
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Around this home

Schools

L J Stevens Intermediate School

Public 2-5 • Assigned • 2.6mi

6/10
Wilmington Middle School

Public 6-8 • Assigned • 2.6mi

7/10
Wilmington High School

Public 9-12 • Assigned • 3.0mi

5/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Property details

  • Exterior features
  • Corner property with frontage on County Road and an interstate-facing side
  • Asphalt road frontage
  • Access to interstate
  • Stripmine Road frontage
  • Lot dimensions approximately 223 x 491 x 222 x 491
  • Approximately 2.0–2.99 acres
  • Building(s) present on the land
  • Home design
  • Land property (not a residential building)
  • Located in unincorporated Wilmington township
  • Zoned for industrial use
  • Parking
  • Parking surfaces include asphalt and gravel
  • Construction
  • Parcel contains existing building(s)
  • Utilities
  • Electric service to the site
  • Natural gas available

Sale and tax history for 23962 Stripmine Rd

Public record

Beds
Baths
Stories
Lot width
Lot depth
Lot size
Year renovated
Finished Sq. Ft.
Unfinished Sq. Ft.
Total Sq. Ft.
Year built
Style
Vacant Land
County
Will County
APN
0317273000240000
Parking Spaces
Basement
Accessible
HOA Dues
Garage
Features
Last updated by owner on Jun 9, 2024.

Historical weather

Wilmington, IL • 60481
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Sun exposure

94/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 29% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap

Redfin Estimate for 23962 Stripmine Rd

We cannot show automated home-value estimates for this home. 
 

Nearby homes have recently sold between $240,000 and $455,000.

Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $240K to $455K.

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Details provided by MRED as Distributed by MLS Grid and may not match the public record. Learn more.
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GreatSchools Ratings provided by GreatSchools.org.