Commercial: MLS #12603671 Wilmington, IL ^$ 325,000

Commercial: MLS #12603671

^$ 325,000

Back to search

Recently Listed

Commercial: MLS #12603671

Name: address
Address: IL, 60481

Wilmington, IL, 60481

^$ 325,000

Bedrooms-- Baths-- Sq 3,100

Monthly Estimate*

^$ 2,001

Commercial Property for sale in Wilmington, IL

for $325,000. This 3,100 square foot building was built in 1890 on a lot size of 0.065657.

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.

Commercial Active

Price

^$ 325,000

Property Type

Commercial

Taxes

^$ 2,877

Style

Commercial

Lot Size

0.065657

Year Built

1890

Town/City

Wilmington

County/Region

Will

MLS | Web ID

12603671

Features

General

Cooling Chillers

Possession Closing Tenant's Rights

Roof Rubber

Zoning RTAIL

Construction Materials Brick

Year Built 1890

Electric Circuit Breakers Separate Meters Service - 0 to 100 Amps Service - 101 to 200 Amps Power - 120V

Tenant Pays Air Conditioning Electricity Heat

Stories Count 2

Township Wilmington

Property Subtype Mixed Use

Tax Year 2025

Current Use Commercial

Gross Income 35000

County Will

Net Operating Income 0

Operating Expense 2702

Insurance Expense 4574

Property Type Commercial Sale Mixed Use

Status New

Directions Rt 53 to Water St North to sign

City Wilmington

Number Of Units Total 4

MLS Area Wilmington

Lot Size Square Feet 2860

Tax Annual Amount 2877.18

Electric Expense 0

Fuel Expense 0

Trash Expense 1525

Water Sewer Expense 2530

Additional Parcels Y/N N

Standard Status Active

Interior

Flooring Wood

Exterior

Foundation Details Stone

Building Area Total 3100

Lot Dimensions 22X130

Frontage Type City Street

* Excluded Features

List By

Able Realty, Inc.

Broker

Tony@AbleRealty.net

Affordability Calculator

$2,241

Per Month

Monthly Principal & Interest: $2,001
Monthly Property Taxes: $240
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Commerical listings in Wilmington, IL

Average List Price ^$1,098,780

Percent of Sale Price 238%

About Wilmington, IL

99 Population

-1% Since 2002

^$45,781 Median Income

42.35 Median Age

14% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/8/2026	$325,000		Listed Price

Map

More homes like this one

homes for you

See all

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 6/9/2026.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

Commercial: MLS #12603671

Commercial Property for sale in Wilmington, IL

Affordability Calculator

Map

More homes like this one

Get more info about this home