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3.1 Acres of Land For Sale in Wilmington

Listing was updated on: 07/31/2019
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Property Overview

Price/Rent PSF $ 25,000.00
Asset Type Land
Trade Type Sale
Acres Available 3.10
Date Available 07/31/2019
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Description

Location
Rt. 113 to Rt. 53, west on 53, property on west side of road next to Burger King.

Sale
3.1 acres of land for sale in Wilmington on State Rte. 53. Zoned B-3 Commercial. Great potential for commercial development. 270 feet of frontage, 12,000 VPD at your doorstep and adjacent to a Burger King.

Online Only
Commercial Real Estate Auction

Bidding Ends August 15th @ 5pm CDT

Located at 00 S. West River Road Wilmington, IL.

Up for bid this prime commercial property in Wilmington, Illinois consists of three separate parcels totaling 3.1 acres. The property is zoned commericial B-3. Electric, gas, sewer, and water is all near-by to the property. There is 270 feet of frontage and over 12,000 vehicles per day pass this property. Next door to this property is a Burger King. This property can be developed or a perfect investment property for future development. Taxes 2018 Pay 2019: $3952.50.

Minimum Opening Bid: $25,000
Previously Listed for $250,000

Open House: August 7th 10am-12pm. Can't make it? Call for a private showing.

Owner: CW Investments & Charles W. Dennis Trust

Terms: $5,000 non-refundable down payment immediately within 24 hours after closing of auction, closing in 30 days, sold as-is, possession at closing, warranty deed, taxes pro-rated and final to day of closing, minimum opening bid of $25,000, and subject to a 10% buyer's premium or $3,500 whichever is greater.

Location

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