Address
117-119 N Water Street, Wilmington, IL
Price
$ 374,900
Property Attributes
  • MLS#11832795
  • TypeCommercial
  • CountyWILL
  • CityWilmington
  • AreaWilmington
  • Zip60481
  • Style
  • Year Built1900
  • Taxes$ 3235
  • Price$ 374,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5000
  • Lot Size5,500 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Two buildings with a ton of potential. They are being used as an antique store at the current time. The owner has added water lines and a utility lift from the basement, it is also partially set up for a coffee shop or bakery. The ideas are endless with this space. It has a full kitchen and loft in the break room space. Street Parking in the shopping district of downtown Wilmington. In back there is a patio area for employee use. As there have been several new businesses started on this street in the past few years this may be a perfect time for you to start or grow your business. it is located one block off the historic route 66 where they have craft shows every month in the summer and Cat Fish Days in July. AC unit 3 years old.

Price History
7/15/2023 Listed $374,900

General Features

Cooling Central Air
Zoning COMMR
Year Built 1900
Electric Circuit Breakers
Tenant Pays Air Conditioning,Electricity,Heat,Taxes,Insurance,Repairs
Stories 1
Township Wilmington
Property SubType Neighborhood Storefront
Tax Year 2022
County Will
Net Operating Income 75000
Property Type Commercial Sale
Status Active
Directions North of Route 66 on Water St. In shopping district.
City Wilmington
MLS Area Wilmington
Lot Size Square Feet 5500
Street Name Water
Tax Annual Amount 3235
Additional Parcels Y/N Yes
Leasable Area 5000
Days on Market 202
Standard Status Active
Property Type Retail/Stores

Interior Features

Street Suffix Street

Exterior Features

Building Area Total 5000
Lot Dimensions 5000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60481

Price
AVG $440K
$370K
Taxes
AVG $5,458
$3,235
Visits
AVG 115
158
Data Provided by Inside Real Estate®
Year Built
AVG 1941
1900
Walkscore
AVG 57
63
Data Provided by Walkscore® not using MLS data

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