Welcome to Phelan Acres in Wilmington! This beautiful, wooded .68-acre lot offers the perfect opportunity to build the home or weekend retreat you've been dreaming of. Enjoy a private setting with easy access to the Kankakee River, where fishing, boating, kayaking, and other recreational activities are just moments away. Conveniently located near the marina, this property offers the ideal blend of nature, recreation, and peaceful living.
This charming waterfront lot is located on the main channel leading to Big Shadow Lake and Little Shadow Lake. The home listed at 227 Largemouth MLS#12670624 is also available and is being sold separately, but in conjunction with the lot sale. The buyer of the home will have the right of first refusal on the lot, and it will not be sold separately unless the buyer of the home chooses not to purchase it. This lot offers endless possibilities when sold with the home. Build a garage, create extra outdoor space, or simply enjoy additional room to spread out and enjoy lake life. Where every day fells like a getaway, enjoy vacation vibes all year long & soak up everything this waterfront community has to offer, from incredible fishing (spring fed stocked lakes), ice fishing, boating, swimming, kayaking, canoeing, hiking in this gated community w/club house, pool, beach, corn-hole, volleyball, basketball, lakes, channels, nature trails & much more. The community also features an amenity center and a covered outdoor pavilion that are perfect for birthday parties, gatherings, and special events. Make this perfect escape your weekend retreat or year-round residence! Less than an hour from Chicago & just minutes off I-55. This is a gated community you will need to make arrangements prior to showing.
Build the home you've always envisioned on the LAST remaining lookout lot in the highly desirable Kahler Ridge Subdivision! Imagine a custom-designed home tailored to your lifestyle, complete with a lookout basement and surrounded by other beautiful custom homes in an established community. Many buyers are surprised to learn that building a custom home can be just as affordable as purchasing an existing home or semi-custom new construction - while giving you the freedom to choose BETTER finishes, a more Flexible layout, and details you truly want. Perfectly located near schools, shopping, dining, and everyday conveniences, with quick access to I-53 and I-55 for an easy commute. Even better, there is NO Homeowners Association (HOA), giving you added flexibility and freedom. Take a drive through Kahler Ridge today, walk the lot, and start imagining the possibilities. Opportunities like this are rare - especially for the final lookout lot in such a sought-after neighborhood. Let's discuss the affordable building options available and bring your vision to life.
Exceptional 15-acre parcel offering prime, highly productive tillable farmland with outstanding potential. Featuring approximately 687.5 feet of frontage, this property presents a rare opportunity to continue farming, build a private estate, or explore subdivision possibilities (subject to zoning and approvals). With expansive open views and flexible use, this is an ideal setting for those seeking land, lifestyle, and long-term investment value.
Almost 10 acres of residential vacant land on a quiet dead end street bordering a creek. Buyers to do due diligence. Vacant lot with no representations or warranties. Existing survey will be provided. Access property at the corner of County Rd and Turner Ln
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.
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.
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.
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.
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.
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.
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.
Looking for almost 5 acres to build your home in a beautiful community? This wooded 4.62 acres in an open 16 lot subdivision is the place to be. Homes built must be a minimum of 2,350 sq ft. You can also have an outbuilding as well. Low association fees cover mowing of common areas as well as easements, snow plowing of streets and a mailbox. The majority of lots are 3-5 acres so there's plenty of room to spread out. This community is close to town yet away from busy streets. There are no high tension wires in the community. There are some freshwater emergent wetlands on south side of property near the road but most of lot is high and flat. See additional info tab for surveys and overhead views. Private well, septic or mechanical and propane heat.
FABULOUS LOT AND LOCATION ON THE WATER INCLUDES A STORAGE SHED! YOU COULD BUILD YOUR LAKE HOME OR INSTALL A PARK MODEL AND LIVE IN SHADOW LAKES YEAR AROUND OR SET UP YOUR GETAWAY. THE COMMUNITY IS AMENITY PACKED AND FEATURES MILES OF FRESHWATER CHANNELS, LAKES, MARSHES AND AN ABUNDANCE OF WILDLIFE. AMAZING SETUP FOR BOATING, CAYAKING, FISHING AND SWIMMING. THE HOMEOWNER'S ASSOCIATION INCLUDES A WONDERFUL CLUBHOUSE, POOL, SANDY BEACH, VOLLEYBALL PIT, BASKETBALL COURT, PAVILLION AND A DOG PARK. THE FAMILY ACTIVITIES ARE ENDLESS! APPROXIMATELY SIXTY MINUTES FROM CHICAGO AND A FEW MINUTES OFF I-55. HOA DUES ARE TIERED BASED UPON YOUR TIME SPENT IN THE COMMUNITY & THE DUES ALSO INCLUDE WATER, SEWER AND GARBAGE PICKUP. CURRENT ANNUAL DUES FOT THIS PROPERTY ARE $1,169.55 - AN INCREDIBLE VALUE. ENJOY!
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 is not for sale and will be closed down prior to a scheduled closing, as owner is retiring. Personal property, business assets inside the building, and fixtures are not being sold with property. Bring maximum exposure to your business! According to the owner and IDOT's website a new I-55 interchange is being build within close proximity to the property. 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. Property Value is in land NOT building.
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 2026 is $1170.
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.
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.
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.
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!
Sold as package below 2 W Elmwood Ave, Wilmington, IL 60481 (MLS #12221340) 5 W Elmwood Ave, Wilmington, IL 60481 (MLS #12258394) 8 W Elmwood Ave, Wilmington, IL 60481 (MLS #12258366) 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.

Wilmington is located in Illinois. Wilmington, Illinois has a population of 5,462. Wilmington is less family-centric than the surrounding county with 28.43% of the households containing married families with children. The county average for households married with children is 37.33%.
The median household income in Wilmington, Illinois is $57,679. The median household income for the surrounding county is $95,751 compared to the national median of $69,021. The median age of people living in Wilmington is 47.5 years.
The average high temperature in July is 84.4 degrees, with an average low temperature in January of 15.9 degrees. The average rainfall is approximately 36.7 inches per year, with 24.2 inches of snow per year.