Wilmington, IL Commercial Real Estate for Lease and Sale

Explore 15 listings of Wilmington commercial real estate to find the best space for your business.

621 W Baltimore St

621 W Baltimore St, Wilmington, IL
Property

Other
For Sale

$60,000
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85.36± AC Industrial Land

Kankakee River Drive & Route 53, Wilmington, IL
Property

VacantLand
For Sale

$22,309,689.6
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Irish Ln

Irish Ln, Custer Park, IL
Property

VacantLand
For Sale

$99,000
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30610 S Kavanaugh Rd

30610 S Kavanaugh Rd, Wilmington, IL
Property

Industrial

500,000 SF
Availability

1 Space

94,000 SF
For Lease Contact for pricing
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21505 Mississippi Avenue | Elwood, IL

21505 West Mississippi Street, Elwood, IL
Property

Industrial

264,600 SF
Availability

1 Space

264,600 SF
For Lease Contact for pricing
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Third Coast Intermodal Hub Building 1

100 W. Compass Blvd., Elwood, IL
Property

Industrial

1,056,353 SF
Availability

1 Space

735,396 SF
Year Built

2023
For Lease Contact for pricing
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12+ Acres, Braidwood, IL

S Hickory St, Braidwood, IL
Property

Other
For Sale

$180,000
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11.5 AC (PAD 11) - Mississippi Avenue

Mississippi Ave - PAD 11, Elwood, IL
Property

VacantLand
Availability

1 Space

500,940 SF
For Lease Contact for pricing
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40-acre BTS site for sale or lease | Building 2 – 11,610 SF on 6.91 Acres | Building 3 – 26,820 SF on 12.59 Acres

1725 S Will Rd, Coal City, Braidwood, IL
Property

Industrial

11,610 SF
Availability

2 Spaces

38,430 SF
Year Built

1950
For Lease Contact for pricing
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40-acre BTS site for sale or lease | Building 2 – 11,610 SF on 6.91 Acres | Building 3 – 26,820 SF on 12.59 Acres

1725 S Will Rd, Coal City, Braidwood, IL
Property

Industrial

11,610 SF
Year Built

1950
For Sale

Subject to offer
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CenterPoint Intermodal Center - 21051 Walter Strawn Drive

21051 Walter Strawn Drive, Elwood, IL
Property

Industrial

1,182,788 SF
Availability

2 Spaces

799,294 SF
Year Built

2008
For Lease Contact for pricing
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Lincoln-Way Dr

Lincoln-Way Dr, Elwood, IL
Property

VacantLand
For Sale

$679,900
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47.14 AC (PAD 9) - Walter Strawn Drive

Walter Strawn Drive - PAD 9, Elwood, IL
Property

VacantLand
Availability

1 Space

2,053,418 SF
For Lease Contact for pricing
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Third Coast Intermodal Hub

100 Compass Blvd., Elwood, Joliet, IL
Property

Industrial

4,041,772 SF
Availability

1 Space

4,041,772 SF
For Lease Contact for pricing
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275 S Broadway St

275 S Broadway St, Coal City, IL
Property

Retail

2,760 SF
For Sale

$240,000
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Wilmington market, there is a total of 500,000 square feet of industrial property.

The listing inventory in Wilmington incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Wilmington is represented by Industrial space, which accounts for 94,000 square feet of available listings.

Meanwhile, most of the listings of commercial property for sale in Wilmington are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Wilmington, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property.

The average size of a commercial property in Wilmington depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

Industrial space in Wilmington is in buildings that are, on average 500,000 square feet in size.

Wilmington, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Wilmington currently add up to 94,000 square feet. Industrial space for rent opportunities in Wilmington amount to 94,000 square feet across a total of 1 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Industrial	1	94,000

Wilmington, IL Commercial Real Estate for Lease and Sale

621 W Baltimore St

85.36± AC Industrial Land

Irish Ln

30610 S Kavanaugh Rd

21505 Mississippi Avenue | Elwood, IL

Third Coast Intermodal Hub Building 1

12+ Acres, Braidwood, IL

11.5 AC (PAD 11) - Mississippi Avenue

40-acre BTS site for sale or lease | Building 2 – 11,610 SF on 6.91 Acres | Building 3 – 26,820 SF on 12.59 Acres

40-acre BTS site for sale or lease | Building 2 – 11,610 SF on 6.91 Acres | Building 3 – 26,820 SF on 12.59 Acres

CenterPoint Intermodal Center - 21051 Walter Strawn Drive

Lincoln-Way Dr

47.14 AC (PAD 9) - Walter Strawn Drive

Third Coast Intermodal Hub

275 S Broadway St

Frequently Asked Questions

Wilmington, IL Currently Available Listings

Commercial Space for Lease Breakdown

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Wilmington, IL Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Wilmington, IL?

What factors affect the price of commercial real estate in Wilmington, IL?

What are the best areas for commercial real estate in Wilmington, IL?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Wilmington, IL?

Wilmington, IL Currently Available Listings

Commercial Space for Lease Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us