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

Wilmington, IL, 60481
$ 850,000
Baths0.0

Monthly Estimate*

$ 5,234

23962 Stripmine Road, Wilmington, IL 60481 - Image 1
Studio

Lots and Land for sale in Wilmington, IL

for $850,000. The lot size is 2.66.

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 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.

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Lots and Land Active

Price

$ 850,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 3,564

Style

Commercial,Liquor License

Lot Size

2.66

Town/City

Wilmington

County/Region

Will

MLS | Web ID

12617717

Features
General
Utilities Electric to Site Natural Gas Available
Possession Closing
Zoning INDUS
Township Wilmington
Tax Year 2024
Current Use Commercial Liquor License
Ownership Fee Simple
County Will
Property Type Land Land
Possible Use Commercial Industrial Liquor License Retail
Status New
Directions TAKE I 55 South to Route (COAL CITY) exit. Turn left onto Route #113. Take that all the way to Route #129 and turn left. Property is on the corner of Route A#129 and Stripmine Road.
City Wilmington
High School District 209U
MLS Area Wilmington
Tax Annual Amount 3564
Standard Status Active
Middle/Junior School District 209U
Elementary School District 209U
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Exterior
Parking Features Asphalt Gravel
Total Parking 0
Lot Dimensions 223x491x222x491
Lot Size Acres 2.66
Road Surface Type Asphalt
Frontage Length 223
Frontage Type County Road Interstate
Waterfront Y/N N
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Interior
Total Baths 0
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* Excluded Features
List By
Lori Bonarek Realty

Broker

debbie@loribonarekrealty.com

Email

Affordability Calculator

$5,531
Per Month
95%
5%
0%
Monthly Principal & Interest
$5,234
Monthly Property Taxes
$297
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
565579 Elementary School
565699 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/13/2026$850,000 Listed Price

Map


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23962 Stripmine Road, Wilmington, IL, 60481 is a Lots and Land for sale at $850,000 with a lot size of 2.66. 23962 Stripmine Road is a studio with 0.0 baths. The property's zip code is 60481 which is in Wilmington, IL