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Improved Commercial Land for Sale in Wilmington, Illinois

23962 Stripmine Rd, Wilmington, IL 60481

$850,000
2.66 acres
Active
ago
Est $4,462/mo

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.

2,500
Sq feet
1988
Built

Location

Street address
23962 Stripmine Rd
Community
Wilmington
Elevation
562 feet
Coordinates
41.3047, -88.1894

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

Property details

Acreage
2.66 acres
Zoning
COMMR
MLS #
MRED 12532139
Posted

Property taxes

2024
$3,564

Parcels

  • 0317273000240000

Details and features

Listing

Type
Commercial Sale
Franchise
Independent

Structure

Stories
1
Water
Well
Sewer
Septic Tank
Cooling
Central Air
Materials
Cedar

Property utilities

CategoryTypeStatusDescription
GasNatural GasAvailable

Listing history

DateEventPriceChangeSource
Dec 16, 2025New listing$850,000MRED
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This 2.66-acre property is located at 23962 Stripmine Rd in Wilmington, IL 60481. The property is available for sale for $850,000. It has a 2,500 sq ft structure built in 1988.

Checked 7 hours ago — Updated

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