110 Park St #CWilmington, IL 60481

  • Commercial real estate
  • 0.27 AC
For Lease
$11/SF/YR View listing

Property Details for 110 Park St #C

Lot size
0.27 AC
Property type
Commercial real estate
APN
03-17-25-303-006
APU
31725303006

Description

This 1,174 square foot commercial unit, located at 110 S Park Street #C in Wilmington, Illinois, is ready for immediate occupancy. Situated at the intersection of Rt 53/66 and Park Street in Will County, this single-tenant space boasts excellent visibility and high traffic counts. The property is zoned B-1 (Neighborhood Commercial), making it suitable for a variety of businesses. The building, constructed in 1978 and completely renovated between 2018 and 2019, features a shared common area with two ADA-accessible restrooms and ample customer parking. Individual utility meters ensure efficient cost management for tenants, who are responsible for their own natural gas, electricity, phone, and internet services. The lease is a Triple Net Lease, encompassing CAM, base rent, and property taxes. The total building size is 3,200 square feet, with this unit representing a significant portion of available space. The property benefits from its proximity to a neighboring parcel undergoing renovation, which includes a new park entrance and the relocation of Wilmington's "Gemini Giant" statue, promising increased foot traffic and visibility.

Location Insight

City
Wilmington
County
Will
State
Illinois
Latitude
41.3058
Longitude
-88.1492
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,931
$11,846
$25,448
$37,294
-
$35,538
$76,344
$111,882

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