317 S Water Street Wilmington, IL $ 850,000
317 S Water Street
$ 850,000
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317 S Water Street

Wilmington, IL, 60481
$ 850,000
Baths0.0

Monthly Estimate*

$ 5,938

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Studio

Commercial Property for sale in Wilmington, IL

for $850,000. This building was built in 1950.

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.

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Commercial Active

Price

$ 850,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,165

Style

Year Built

1950

Town/City

Wilmington

County/Region

Will

MLS | Web ID

11863970

Features
General
Cooling Central Air
Zoning COMMR
Year Built 1950
Electric Circuit Breakers
Tenant Pays Other
Stories 1
Township Wilmington
Property SubType Automotive
Tax Year 2022
Gross Income 0
County Will
Insurance Expense 0
Property Type Commercial Sale Mixed Use
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
Total Units 0
MLS Area Wilmington
Lot Size Square Feet 0
Street Name Water
Tax Annual Amount 8165.58
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N Y
Virtual Tour https://tours.vht.com/BWI/T434341989/nobranding
Days on Market 128
Standard Status Active
Total Actual Rent 7000
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Exterior
Lot Dimensions 132X263.11X86.53X176.50
Frontage Type City Street State Road
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Interior
Street Suffix Street
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* Excluded Features
List By
Baird & Warner Real Estate

Broker

jsinchak@sbcglobal.net

Email

Affordability Calculator

$6,618
Per Month
90%
10%
0%
Monthly Principal & Interest
$5,938
Monthly Property Taxes
$680
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/27/2023$850,000 Listed Price

Map


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317 S Water Street, Wilmington, IL, 60481 is a Commercial Property for sale at $850,000. 317 S Water Street is a studio with 0.0 baths and was built in 1950. The property's zip code is 60481 which is in Wilmington, IL