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Kankakee St and Jennifer Lane - Foxtail Commons 10.33 Acres of Commercial Land Offered at $450,000 in Wilmington, IL 60481

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INVESTMENT HIGHLIGHTS

  • Development Opportunity
  • Improved land parcels
  • Seller financing possible
  • Utilities to site

EXECUTIVE SUMMARY

incredible development opportunity in the historic and established community of Wilmington Illinois. This subdivision is currently experiencing development activity and this Lot is 1 of 8 improved lots with utilities to the site. Wilmington boasts numerous outdoor recreational activities, a fantastic school district, a vibrant and diverse business sector, and a historic downtown area with specialty shops and good dining. There is significant commercial growth coming into the area as well. Seller is open to any and all proposals and may consider financing this project for the right buyer. Special pricing will be considered for a buyer that takes all of the available lots.

PROPERTY FACTS

Price $450,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Neighborhood Center
  • Planned Unit Development
  • Retail Warehouse
  • Self Storage
  • Single Family Development
Total Lot Size 10.33 AC
Zoning B2 and R4 - B2 and R4

1 LOT AVAILABLE

Lot 1 thru 8

Price $450,000
Price Per AC $43,562.44
Lot Size 10.33 AC

Improved development parcels ready for build out. Residential and business zoning.

DESCRIPTION

Incredible development opportunity in the historic and established community of Wilmington Illinois. This subdivision is currently experiencing development activity and this Lot is 1 of 8 improved lots with utilities to the site. Wilmington boasts numerous outdoor recreational activities, a fantastic school district, a vibrant and diverse business sector, and a historic downtown area with specialty shops and good dining. There is significant commercial growth coming into the area as well. Seller is open to any and all proposals and may consider financing this project for the right buyer. Special pricing will be considered for a buyer that takes all of the available lots.

  • Listing ID: 34864518

  • Date on Market: 2/18/2025

  • Last Updated:

  • Address: Kankakee St and Jennifer Lane, Wilmington, IL 60481

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