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Listing provided courtesy of @properties Christie's International Real EstateMREDas Distributed by MLSGrid- MLS# 12423954MLS Provider

605 W Baltimore StreetWilmington, IL 60481

Commercial · 5,000 Sq. ft.
$475,000 Active

605 W Baltimore Street Overview

Time on Site:
342 days
Visits:
7

ROUTE 66 - PRIME LOCATION & B-3 ZONING! Great, turnkey investment opportunity featuring a 2-unit commercial building along the historic Route 66! Building location features a phenomenal high-traffic count (10,650 daily traffic count per IDOT) and high visibility alongside Route 66/Route 53! The 2 parcels combined are approximately just over a .5 acre, which allows the opportunity for new development or an addition to the existing structure. Lot features ample parking; approximately 25 parking spaces at the business frontage and side lot. **Optional purchase** established business which is ready for immediate operation! All fixtures, furnishings, and equipment are negotiable for a reasonable offer. Seller has owned the property since 2002. Multiple possibilities for a DRIVE THRU. Call for more information!

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605 W Baltimore Street Facts & Features

  • Type Commercial
  • Sq. ft. 5,000
  • Price/Sq.ft. $95

Details

General

Income/Expenses

  • Existing Lease Type: Gross
  • Operating Expense: 1

Business Information

  • Business Type: Barber/Beauty
  • Current Use: Commercial

Location/Region

  • County Or Parish: Will
  • MLS Area Major: Wilmington

Rent/Lease Information

  • Lease Expiration: 2026-05-07
  • Tenant Pays: Air Conditioning, Heat

Tax Information

  • Tax Annual Amount: $7,029.00
  • Tax Year: 2024

General Information

  • New Construction: No
  • Parcel Number: 0317352040060000
  • Possible Use: Commercial,Conditional Use,Retail
  • Property Type: Business Opportunity
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 5000

General Information

  • Cooling: Central Air, Wall Sleeve
  • Electric: Separate Meters
  • Stories: 1

Unit Information

  • Unit SqFt.: 2856

Exterior

Lot Information

  • Additional Parcels: Yes
  • Lot Size Dimensions: 100X264
  • Lot Size Square Feet: 23441
  • Water Source: Municipal Water

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick, Block

General Information

  • Utilities: Electric to Site,Sewer Connected

605 W Baltimore Street Neighborhood

Community

60481 (Wilmington) Demographics

46
Median Age
100
Population Density (per sq. mile)
24%
College Educated
$64,956
Estimated Median Income
3,461
Estimated Total Home Owners
1,164
Estimated Total Renters
75% / 25%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

605 W Baltimore Street Monthly Cost

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$ %
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$
Jeremy Woods
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

605 W Baltimore Street Market Data

Based on the last 30 days in this zip code

$299,316
Average List Price
$231
Average Price per Square Foot
21
Properties Sold
53
Average Days on Market
50
Properties for Sale
Calculations provided by Reliance Network

605 W Baltimore Street History

Date Event Value Agent
3/1/2026Source: MRED Status Change
Active
2/24/2026Source: MRED Price Reduction
$475,000 -4.0%
2/23/2026Source: MRED Status Change
Price Change
7/31/2025Source: MRED Added to Database
July 23, 2025
7/31/2025Source: MRED Status Change
Active