Address
317 S Water Street, Wilmington, IL
Price
$ 850,000
Property Attributes
  • MLS#11863970
  • TypeCommercial
  • CountyWILL
  • CityWilmington
  • AreaWilmington
  • Zip60481
  • Style
  • Year Built1950
  • Taxes$ 8165
  • Price$ 850,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Many possibilities with this former car dealership in high traffic area*It's commercially zoned and would be perfect for a used car lot, tire and/or mechanic's shop or oil change business or change it up and turn it into the business you've been dreaming of starting*It is located in a perfect spot on a city street with high visibility*Plenty of parking available*2 overhead doors for easy in and out*Service desk and parts room, 4 hanging heaters in service area*Automatic motion sensor lights for entire building and all LED lighting inside and out*7ft High ceiling in storage area above service desk*12 gauge steel gutters on north and south side of building*Stairs to attic that is partially floored for more storage* 2 lifts (7000 lbs and 9000 lbs)and 1 wired air compressor are all negotiable*A/C and forced heat in showroom*Building has been tuck pointed and entirely painted inside and out*Siding on back of building is brand new*Property may also be leased*Please call listing agent for details.

Price History
8/27/2023 Listed $850,000

General Features

Cooling Central Air
Zoning COMMR
Year Built 1950
Electric Circuit Breakers
Tenant Pays Other
Stories 1
Township Wilmington
Property SubType Automotive
Tax Year 2022
County Will
Property Type Commercial Sale
Possible Use Commercial
Status Active
Directions Rt 53 (Baltimore St) to Rt 102 (Water St) South two Blocks to property on corner of Warter St and River St.
City Wilmington
MLS Area Wilmington
Street Name Water
Tax Annual Amount 8165.58
Additional Parcels Y/N Yes
Virtual Tour https://tours.vht.com/BWI/T434341989/nobranding
Days on Market 128
Standard Status Active
Property Type Mixed Use
Total Actual Rent 7000

Interior Features

Street Suffix Street

Exterior Features

Lot Dimensions 132X263.11X86.53X176.50
Frontage Type City Street,State Road

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
$850K
Taxes
AVG $5,458
$8,165
Visits
AVG 112
130
Data Provided by Inside Real Estate®
Year Built
AVG 1941
1950
Walkscore
AVG 57
64
Data Provided by Walkscore® not using MLS data

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