This exceptional 17,000-square-foot commercial property, situated on a five-acre lot in Dwight, Illinois, presents a unique investment opportunity. Previously operating as a car dealership, the building boasts state-of-the-art construction and meticulous upkeep. The property features a substantial 46,800-square-foot paved and lighted parking lot, ensuring ample space for vehicles. Its strategic location offers excellent visibility from Interstate I-55 at Route 17 exit 217, benefiting from high daily traffic counts: 20,800 vehicles on northbound I-55, 1,000 vehicles at I-55 217 NB Exit, and 5,100 vehicles on Route 17 entering Dwight from I-55 (per IDOT). The building itself includes a 6,720-square-foot showroom with track lighting, a 1,500-square-foot office space with six offices and three restrooms, and handicap accessibility. Additional features include a parts department, a heated drive-through bay accommodating numerous vehicles, a three-vehicle heated wash bay with a parts manager's office, multiple storage areas, six lift stations, and 440-volt electric service. The property's versatility allows for various uses, such as a Buy Here Pay Here used vehicle dealership, distribution center, storage facility, or farm implement facility. The Village of Dwight offers potential incentives, including tax abatement and a revolving loan fund. The asking price is $2,195,000, with a price per square foot of $129.12. The property is currently vacant and zoned B1. This is a rare opportunity to acquire a well-maintained, high-traffic commercial property with significant potential. The property is located at 111 Watters Dr, Dwight, IL 60420. It's only 35 miles from the Elwood Intermodal Rail Yard.
Highlights
$2,195,000 asking price for a vacant 17,000 square foot retail building.
Located on 5 acres in Dwight, IL, zoned B1.
Features a 6,720 sq ft showroom, 1,500 sq ft office space, parts department, heated bays, and lift stations.
Excellent visibility from I-55, with high daily traffic counts.
Potential for various uses, including auto dealership, distribution center, or storage facility.
Property Details
for 111 Watters Dr
Property type
Retail properties, Auto shops
Square Feet
17,000 SF
Buildings
1
Stories
1
Lot Size (sq. ft)
217,800 SF
Location Insight
City
Dwight
County
Livingston
State
Illinois
Latitude
41.0894291
Longitude
-88.4435304
Nearby Similar for Sale
For Sale
$129,000
Dwight Medical Office Building
Prime Medical Office, 9 Exam Rooms, Motivated Seller
Retail property - Prime 17,000 sq ft auto facility, 5 acres, high traffic.
Where is the retail property located?
The property is located at 111 Watters Dr Dwight, IL.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: $2,195,000 asking price for a vacant 17,000 square foot retail building.; Located on 5 acres in Dwight, IL, zoned B1.; Features a 6,720 sq ft showroom, 1,500 sq ft office space, parts department, heated bays, and lift stations.
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Watters Dr Dwight, IL 60420
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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111 Watters Dr
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