23962 Stripmine Road Wilmington, IL $ 850,000
23962 Stripmine Road
$ 850,000
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23962 Stripmine Road

Wilmington, IL, 60481
$ 850,000
Bedrooms-- Baths-- Sq 2,500
23962 Stripmine Road, Wilmington, IL 60481 - Image 1
23962 Stripmine Road, Wilmington, IL 60481 - Image 2
23962 Stripmine Road, Wilmington, IL 60481 - Image 3

Property for Rent in Wilmington, IL

for $850,000. This 2,500 square foot property was built in 1988 on a lot size of 2.66001.

LOCATION, 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 itself is not for sale. Personal property, business assets inside the building, and chattel fixtures are not included in the sale. Bring maximum exposure to your business! According to the owner a new I-55 interchange is being rebuilt in close proximity to the property and according to IDOT's website. 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. Current structure is staying just not business.

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Rental Active

Price

$ 850,000

Taxes

$ 3,564

Style

Commercial

Lot Size

2.66001

Year Built

1988

Town/City

Wilmington

County/Region

Will

MLS | Web ID

12532139

Features
General
Sewer Septic Tank
Cooling Central Air
Utilities Electric to Site Natural Gas Available
Possession Closing
Zoning COMMR
Construction Materials Cedar
Year Built 1988
Electric Fuses
Stories Count 1
Township Wilmington
Property Subtype Mixed Use
Tax Year 2024
Current Use Commercial
Gross Income 0
County Will
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Possible Use Commercial Office Retail
Status Active
Directions TAKE I 55 SOUTH TO ROUTE 113 (COAL CITY) EXIT. TURN LEFT ONTO ROUTE #113. TAKE #113 TO ROUTE #129 AND TURN LEFT. PROPERTY IS ON THE CORNER OF STRIPMINE ROAD AND ROUTE #129
City Wilmington
Number Of Units Total 1
MLS Area Wilmington
Lot Size Square Feet 115870
Tax Annual Amount 3564
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Lease Type N/A
Standard Status Active
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Exterior
Water Source Well
Building Area Total 2500
Lot Dimensions 223X491X222X491
Frontage Type County Road Frontage Road Interstate Public Road State Road
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* Excluded Features
List By
Lori Bonarek Realty

Broker

debbie@loribonarekrealty.com

Email

Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/16/2025$850,000 Listed Price

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23962 Stripmine Road, Wilmington, IL, 60481 is a Property for Rent at $850,000 with 2,500 sqft and a lot size of 2.66001. 23962 Stripmine Road was built in 1988. The property's zip code is 60481 which is in Wilmington, IL