For Sale
$2,195,000

111 Watters Dr Dwight, IL 60420

Prime 17,000 sq ft auto facility, 5 acres, high traffic.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
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

FAQs

What type of property is this?
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.
How can I contact the broker?
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111 Watters Dr
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