Wilmington, IL, Real Estate

Wilmington, Illinois, is a charming small town in Will County, about 60 miles southwest of Chicago. Known as "The Island City" due to its location on a strip of land between the Kankakee River and a large mill race, it offers a blend of historic charm and natural beauty. With a population of around 5,600, Wilmington features a quaint downtown with antique shops, local eateries, and the iconic Gemini Giant, a restored Route 66 Muffler Man statue. The town is a gateway to outdoor recreation, with nearby Midewin National Tallgrass Prairie and Kankakee River State Park providing opportunities for hiking, fishing, and kayaking. Its tight-knit community and rich history make Wilmington a hidden gem in Illinois.

Wilmington currently has 50 single family homes for sale with an average list price of $280,056 and 29 lots for sale with an average list price of $181,090.35. The average annual property tax for Wilmington is $3,352.15.

Current Homes for Sale

Schools

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Absorption Report

Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Wilmington, i.e. what's hot and what's not.

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Recent Sales

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Subdivisions

Subdivisions Median Price
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Alma Acres

Alma Acres is a single-family home community in Wilmington, Illinois, built in 1968. It currently has no homes for sale. The homes have an average size of 2,100 ft2. The average annual property tax for Alma Acres is $3,649. It is located in Will County. Alma Acres is located in Wilmington, Illinois east of Water Street and south of Kahler Road. ... Read more
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Brookside

Brookside is a single-family home community in Wilmington, Illinois. It currently has no homes for sale. The homes range in size from 768 ft2 to 1,884 ft2. The average annual property tax for Brookside is $2,888.24. It is located in Will County. Brookside is a single family and duplex neighborhood. Brookside s located in Wilmington, Illinois south of Baltimore Street and east of Water Street. ... Read more
Median Price: $285,000
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Deer Ridge

Deer Ridge is a single-family home community in Wilmington, Illinois, built between 1992 and 2018. It currently has no homes for sale. The homes range in size from 2,000 ft2 to 3,200 ft2. The average annual property tax for Deer Ridge is $6,756.81. It is located in Will County. Deer Ridge is a single family home community located in Wilmington, Illinois south of Coal City Road and east of Washington Street. ... Read more
Median Price: $420,000
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Fallen Ridge

Fallen Ridge is a subdivision in Wilmington, Illinois. It currently has no homes for sale. It is located in Will County.
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Foxtail Commons

Foxtail Commons is a townhouse and condo community in Wilmington, Illinois, built between 2003 and 2008. It currently has no homes for sale. The homes range in size from 1,000 ft2 to 1,662 ft2. The average annual property tax for Foxtail Commons is $3,961.88. It is located in Will County. Foxtail Commons is a townhouse community built in the mid 2010s. Foxtail Commons is located in Wilmington, Illinois north of Kankakee River Drive and west of Kankakee Street. ... Read more
Median Price: $190,000
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Subdivisions

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Market Trends

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Nearby Parks

Children's Memorial Park

1198 N. Joliet St.
Baseball Diamonds Field In-Line Skating Parking Playground Softball Fields

Claire's Corner Park

101 N. Water Street
Playground Shelter

Des Plaines Fish and Wildlife Area

24621 N. River Road
Boating Camping Canoeing Fishing Hiking Paths Horseback Riding Kayaking Picnic Area

Forked-Creek/Forsyth Woods Forest Preserve

Baseball Diamonds Fishing Hiking Paths Picnic Area Softball Fields

South Island Park

220 Elizabeth St.
Baseball Diamonds Field Shelter Softball Fields

Veteran's Memorial Park

Vine St. & Williams St.
Field
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Nearby Parks

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Nearby Golf Courses

Cinder Ridge Golf Course

24801 Lakepoint Dr, Wilmington, IL 60481
Par 42 • 42 holes • 6968 yards

Nearby Golf Courses

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Real Estate News

New Homes For Sale This Week in Wilmington: July 18th to July 24th

New Homes For Sale This Week in Wilmington: July 18th to July 24th - July 25, 2025

Wilmington had 5 new homes for sale during the week of Friday, July 18 to Thursday, July 24, including including 4 single family homes for sale with an average list ... continue reading
Homes Just Sold in Wilmington: July 15th to July 21st

Homes Just Sold in Wilmington: July 15th to July 21st - July 22, 2025

Wilmington had 2 sales during the week of Tuesday, July 15 to Monday, July 21, including including 2 single family homes for sale with an average list price of $192,400. $259,900 1218 ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Wilmington: July 12th to July 18th

New Homes with Master Bedrooms on the 1st Floor in Wilmington: July 12th to July 18th - July 19, 2025

Wilmington had 4 new homes for sale with a master bedroom on the first floor during the month of Saturday, July 12 to Friday, July 18, including 4 single ... continue reading
New Homes For Sale This Week in Wilmington: July 11th to July 17th

New Homes For Sale This Week in Wilmington: July 11th to July 17th - July 18, 2025

Wilmington had 2 new homes for sale during the week of Friday, July 11 to Thursday, July 17, including including 2 single family homes for sale with an average list ... continue reading
Homes Just Sold in Wilmington: July 8th to July 14th

Homes Just Sold in Wilmington: July 8th to July 14th - July 15, 2025

Wilmington had 6 sales during the week of Tuesday, July 8 to Monday, July 14, including including 5 single family homes for sale with an average list price of $336,480 ... continue reading
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