214 N First Street Wilmington, IL ^$ 450,000

214 N First Street

^$ 450,000

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214 N First Street

Wilmington, IL, 60481

^$ 450,000

Studio Baths0.0 Sq 3,000

Monthly Estimate*

^$ 3,143

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Studio

Commercial Property for sale in Wilmington, IL

for $450,000. This 3,000 square foot building was built in 2007 on a lot size of 0.75.

OWNER OCCUPIED OPPORTUNITY HERE WITH THIS PROPERTY. Zoned B-3. Currently operating as a transmission/auto repair shop. . Shop has three approx. 16ft overhead doors, hydraulic lift stations, heavy equipment, upgraded electric, employee restroom, main floor 20x15 equipment storage area ,2nd level 40x15 storage area. There is a 20x15 office with private customer entrance and a full bathroom. Sale also includes the 2-bedroom 1 bath home. Newer roof, central air and a full dry basement. Seller will provide details concerning equipment.

Commercial Active

Price

^$ 450,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 4,951

Style

Commercial

Lot Size

0.75

Year Built

2007

Town/City

Wilmington

County/Region

Will

MLS | Web ID

11897455

Features

General

Cooling Central Air

Utilities Electric to Site Gas to Site Water-Municipal Water to Site

Possession Closing

Roof Composition Metal

Zoning COMMR

Construction Materials Other

Year Built 2007

Electric Service - 101 to 200 Amps

Tenant Pays Air Conditioning Electricity Heat Taxes Insurance

Stories 1

Property SubType Automotive

Tax Year 2022

Current Use Commercial

Gross Income 0

County Will

Net Operating Income 0

Insurance Expense 0

Property Type Commercial Sale Retail/Stores

Status Active

Directions I-55 to Lorenezo rd. East to first stop sign Left on 129 Left on first street

City Wilmington

Total Units 0

MLS Area Wilmington

Lot Size Square Feet 32670

Street Name First

Tax Annual Amount 4951.52

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Leasable Area 0

Days on Market 94

Lease Type N/A

Standard Status Active

Interior

Flooring Concrete Wood

Street Suffix Street

Exterior

Foundation Details Concrete Perimeter

Building Area Total 3000

Lot Dimensions 100X326.9X100X327

Frontage Type City Street Public Road

Exterior Aluminum Siding

* Excluded Features

List By

Web Video Realty

Broker

buynsellrealestate@hotmail.com

Affordability Calculator

$3,556

Per Month

Monthly Principal & Interest: $3,143
Monthly Property Taxes: $413
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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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Nearby

Trends
Schools

Commerical listings in Wilmington, IL

Average List Price ^$904,980

Percent of Sale Price 101%

About Wilmington, IL

99 Population

-1% Since 2002

^$45,781 Median Income

42.35 Median Age

14% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/29/2023	$450,000		Listed Price

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214 N First Street, Wilmington, IL, 60481 is a Commercial Property for sale at $450,000 with 3,000 sqft and a lot size of 0.75. 214 N First Street is a studio with 0.0 baths and was built in 2007. The property's zip code is 60481 which is in Wilmington, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 4/27/2024.

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214 N First Street

Commercial Property for sale in Wilmington, IL

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