The median home value in Wilmington, IL is $182,500.
This is
lower than
the county median home value of $269,000.
The national median home value is $308,980.
The average price of homes sold in Wilmington, IL is $182,500.
Approximately 62% of Wilmington homes are owned,
compared to 29% rented, while
9% are vacant.
Wilmington real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Wilmington real estate agent to arrange a tour today!
Learn more about Wilmington.
This versatile vacant lot in Shadow Lakes is prepped and ready for your finishing touches. Fresh gravel has been added, making it ideal for placing a camper, or you can explore the option of installing a park model or building a home. A convenient storage shed is already on the property, and four blacktopped parking spots provide ample room for vehicles or guests. While not directly waterfront, the lot sits just across the street from the water-and currently enjoys an unobstructed view. This is a great opportunity to customize a spot in a beautiful setting to fit your needs. Shadow Lakes offers miles of interconnected freshwater channels, lakes, and marshes-with depths reaching up to 42 feet in some areas, making it a prime destination for fishing, swimming, boating, and wildlife viewing. Only electric boats and golf carts are permitted, helping preserve the natural beauty and peaceful atmosphere. Community amenities include a clubhouse, community pool, separate sand beach, pavilion, dog park, and areas for volleyball, basketball, and other outdoor games. The association hosts a variety of family-friendly events and activities throughout the year. Conveniently located near I-55 and only 60 minutes from Chicago, Shadow Lakes is an ideal retreat with easy access to the city. Association dues are tiered based on the time you spend at the property and include water, sewer, and garbage. Buyer and buyer's agent are encouraged to contact Shadow Lakes to verify all rules, dues, and community information. Lot size and square footage are estimated. HOA dues for this lot were $1035 for 2025.
Located on Dinosaur lake this versatile vacant lot in Shadow Lakes is ready for your finishing touches. Whether you can explore the option of installing a park model, building a home, or just using it as a place to fish, this is the ideal place for a summer gat away or live here all year. Shadow Lakes is a private gated community. We have miles of freshwater channels, lakes, and marshes all interconnecting. This is the place to fish, swim, or boat, where it can reach 42 feet deep in some areas. (BIG FISH POSSIBILITIES!) Wildlife is abundant as well. This association includes a club house, community pool, a separate sand beach, pavilion, dog park, volleyball and basketball area (other games as well). They offer plenty of family and group activities. Other important notes: Close to I55 & only 60 Mins. from Chicago. Only Electric Boats & Golf Carts allowed. Association Dues are on a tiered basis and depend on the time you spend at the property. Dues include water, sewer and garbage. Buyer / Buyer's agent to call Shadow Lakes to verify all rules / info. Lot size and square footage is estimated. HOA fee for 2025 was $1035.
WATERS EDGE ESTATES - 1/3 acre parcel zoned R-3 with lake views - across the street! Utilities nearby and no home-owner association (HOA) fees! R-3 zoning supports a duplex residence or a single-family residence! Call for additional information.
Exceptional investment opportunity in Wilmington! This unique property includes eight contiguous parcels located just off Elmwood Ave on Stewart Ave (take a look at pictures for the exact location- highligted), offering a combined footprint ideal for a custom estate or long-term land hold. The parcels provide a rare chance to control a full block of land within a quiet, natural setting surrounded by mature trees and near existing residential development. Zoned Residential (R) and within proximity to utilities, the land is well-positioned for a variety of future uses. Whether you're an investor, builder, or visionary developer, this site offers tremendous upside as Wilmington continues to grow. Additional PINs included in sale: 08-24-13-211-009 through 08-24-13-211-016.
Great opportunity to build your dream home near the riverfront. This vacant lot offers convenient access to parks, shopping, and dining, with plenty of potential in a growing neighborhood. Don't miss this chance to create a custom residence in a desirable location. VACANT LOT being sold As-is.
Great 108x146 Lot! Zoned residential with pond views! Utilities near by and No homeowners association fees! Zoned R3 which could accommodate a duplex or single family residence!
WATERS EDGE ESTATES - 1/3 acre parcel zoned R-3 with lake views - across the street! Utilities nearby and no home-owner association (HOA) fees! R-3 zoning supports a duplex residence or a single-family residence! Call for additional information.
This 0.28 acre residential lot combines two parcels in the City of Wilmington, IL located in Will County. Property does not have an address, so please use the directions provided to view the property. (102 / S Water street, Go S on S Rivals Rd. East on West Elmwood. S on S Hickory, property is on the right side. Look for signs, NO ADDRESS is present. Property is 1/3 of the way between Elmwood and Grand.). Wilmington is a charming city with a rich history and a small-town atmosphere. Situated along the scenic Kankakee River, Wilmington offers a blend of natural beauty and modern amenities. The city features local parks, dining, and shopping options, while maintaining easy access to larger nearby cities such as Joliet and Chicago. Wilmington is known for its close-knit community, outdoor recreation opportunities, and historic downtown area. With its convenient location near major highways, including I-55, it provides residents with a peaceful lifestyle while being within reach of urban conveniences. Lot Size is estimated. Please call assessor office to estimate future taxes.
Prime Location!!! Great location Minutes from I-55 at the intersection of RT 53 & Peotone Rd. Zoned B1. Water, Gas & Electric available. 2100 lnft of frontage on prime RT 53. Heavy traffic counts.
Don't miss this opportunity to own a high-traffic commercial lot perfectly positioned on one of the busiest roads in town - historic Route 66/Route 53. This property offers excellent visibility and easy access, making it ideal for a wide range of business ventures. High daily traffic ensures constant exposure with close proximity to established retailers, restaurants, gas stations, and residential neighborhoods. Whether you're an investor, developer, or business owner looking to establish a presence in a vibrant small-town community, this property is the perfect fit. Existing Billboard sign is IDOT Permitted as Outdoor Advertising allowing for additional income potential! Frontage lot is zoned B-3; rear lots currently R-2 with potential for commercial use. Call for more information or to schedule a site visit!
This 0.12 acre residential lot combines three parcels in the Municipality of Wilmington, IL offers a prime opportunity to build your vision. Wilmington, IL located in Will County, is a charming city with a rich history and a small-town atmosphere. Situated along the scenic Kankakee River, Wilmington offers a blend of natural beauty and modern amenities. The city features local parks, dining, and shopping options, while maintaining easy access to larger nearby cities such as Joliet and Chicago. Wilmington is known for its close-knit community, outdoor recreation opportunities, and historic downtown area. With its convenient location near major highways, including I-55, it provides residents with a peaceful lifestyle while being within reach of urban conveniences.
This 0.13 acre residential lot combines three parcels in the Municipality of Wilmington, IL offers a prime opportunity to build your vision. Wilmington, IL located in Will County, is a charming city with a rich history and a small-town atmosphere. Situated along the scenic Kankakee River, Wilmington offers a blend of natural beauty and modern amenities. The city features local parks, dining, and shopping options, while maintaining easy access to larger nearby cities such as Joliet and Chicago. Wilmington is known for its close-knit community, outdoor recreation opportunities, and historic downtown area. With its convenient location near major highways, including I-55, it provides residents with a peaceful lifestyle while being within reach of urban conveniences.
This 3,670.4 sq. ft. (0.0842607897 acres) residential lot in the Municipality of Wilmington, IL offers a prime opportunity to build your vision. Wilmington, IL located in Will County, is a charming city with a rich history and a small-town atmosphere. Situated along the scenic Kankakee River, Wilmington offers a blend of natural beauty and modern amenities. The city features excellent schools, local parks, dining, and shopping options, while maintaining easy access to larger nearby cities such as Joliet and Chicago. Wilmington is known for its close-knit community, outdoor recreation opportunities, and historic downtown area. With its convenient location near major highways, including I-55, it provides residents with a peaceful lifestyle while being within reach of urban conveniences.
very spacious home site in an area of very nice homes. walking distance to the Kankakee River, this lot has a country setting , within minutes to town
Great location to build a 4 unit. Zoning change is in the works. It also has commercial potential.
Multi family lot, zoned R-5. Very rare find. Restrictions on liquor and tobacco sales will apply
Copyright © 2026 MREDSelectSites.com

Website designed by Constellation1, a division of Constellation Web Solutions, Inc.