Wilmington 25 Acres Commercial

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30384176
Property Subtypes: Agricultural
Status: Pending
Gross Land Area: 25.30 Acres
Sale Price: $545,670
Unit Price: $21,567 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/11/2021

Overview / Comments

The property contains 25.3 total acres. 21.88 acres are tillable. The property is zoned agriculture, but the comprehensive plan for Wilmington shows commercial and medium density residential. This is a great investment opportunity to own land in one of the fastest growing counties in the country. Wilmington is in the middle of one of the most dynamic industrial expansions we have seen in decades. Ridgeport Logistics Center has several million square foot warehouse buildings already in place with more to come.

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Will
Tax ID/APN: 09-18-30-300-038-0000
Property Visibility: Excellent
Largest Nearby Street: Illinois Route 53
Feet of Frontage: 800
Highway Access: Easy access to Rt. 53, I-80, I-55 and the future Illiana Expressway.
Site Description: The property contains 25.3 total acres. 26.3 acres are tillable. The farm contains excellent soils.
Area Description: The Parcel is located on the North side of Wilmington at the corner of Rt. 53 and 216th Avenue (The Curve)
Lot Frontage: 880 feet of frontage on S. 216th Ave
Zoning Description: Agriculture
Topography: Rolling

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,109 6,585 10,230
Median Age: 36.1 39.61 41.6
Households: 835 2,579 4,077
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