Waterman, IL
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    Waterman, IL Commercial Real Estate for Sale

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    Shabbona, IL Dekalb, IL Hinckley, IL
    Mixed-Use Building in Waterman, IL
    $375,000
    0.06 Acres

    Mixed-Use Building in Waterman, IL

    E Lincoln Street, Waterman, IL 60556

    Mixed-use property with apartments and commercial spaces in downtown Waterman.

    • Prime location in the heart of downtown Waterman on Route 30.
    • Mixed‑use building with both residential (apartments) and commercial (storefront) spaces.
    • Potential for rental income from multiple units (apartments and storefronts).
    • Two of three upstairs apartments are currently rented.
    • Opportunity for owner‑occupancy in vacant apartment or storefront.
    Updated: Jun 7, 2025
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    Mixed-Use Property with Rental Income
    $355,000
    2,240 SF

    Mixed-Use Property with Rental Income

    250 E Lincoln Highway, Waterman, IL 60556

    Unique mixed-use property featuring commercial space and mobile home rentals.

    • Income‑generating investment property with 7 owned mobile homes and rental income potential from the commercial building.
    • Commercial building (56 X 40) with flexible layout due to temporary walls, suitable for various business needs.
    • High‑visibility location on a busy highway, ideal for attracting customers to a business.
    • Building equipped with essential utilities: furnace, hanging heater, water heater, central air, 2 bathrooms, and plumbing with a floor drain on one side.
    • Mix of mobile home sizes (2‑4 bedrooms) to attract a variety of tenants.
    Updated: Mar 24
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    Commercial Land on Lincoln Highway
    $355,000

    Commercial Land on Lincoln Highway

    Commercial land available on Lincoln Highway in Waterman, Illinois.

    250 E Lincoln Highway, Waterman, IL 60556
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    Based on your search, we've compiled 105 Potential Opportunities for your consideration. Besides 3 Active listings in Waterman, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 98 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Established Restaurant with Drive-Thru
    $179,900

    Established Restaurant with Drive-Thru

    Long-standing restaurant business with real estate and equipment included.

    408 E Comanche Avenue, Shabbona, IL 60550
    View details
    Established Cafe and Ice Cream Destination
    $179,900
    0.33 Acres

    Established Cafe and Ice Cream Destination

    Turnkey cafe and ice cream business with real estate for sale.

    408 E Commanche Avenue, Shabbona, IL 60550
    View details
    86 Acres in DeKalb County
    Contact for pricing

    86 Acres in DeKalb County

    86.12 acres with I-88 access in DeKalb County, Illinois.

    SEC Webster Road & Fairview Drive, Dekalb, IL 60115
    View details
    DeKalb Industrial Land For Sale
    $3,853,200
    101.00 Acres

    DeKalb Industrial Land For Sale

    101+ acre industrial land in DeKalb, Illinois.

    TBD Peace Road, Dekalb, IL 60115
    View details

    Off-Market Properties in Waterman, IL

    Consider similar Off-Market properties in Waterman, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    115 Adams St

    115 Adams St

    COMMERCIAL (GENERAL) • 0.18 Acres
    Value Estimation by Request
    115 Adams St, Waterman, IL 60556-4034
    View details
    210 Lincoln Hwy

    210 Lincoln Hwy

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    210 Lincoln Hwy, Waterman, IL 60556-9707
    View details
    9450 Leland Rd

    9450 Leland Rd

    COMMERCIAL (GENERAL) • 5.15 Acres
    Value Estimation
    $2,855,000
    9450 Leland Rd, Waterman, IL 60556
    View details
    Us Hwy 30

    Us Hwy 30

    COMMERCIAL (GENERAL) • 2.30 Acres
    Value Estimation by Request
    Us Hwy 30, Waterman, IL 60556
    View details
    9560 State Rte 23

    9560 State Rte 23

    COMMERCIAL (GENERAL) • 1.58 Acres
    Value Estimation by Request
    9560 State Rte 23, Waterman, IL 60556-7153
    View details
    208 Lincoln Hwy

    208 Lincoln Hwy

    COMMERCIAL (GENERAL) • 0.09 Acres
    Value Estimation by Request
    208 Lincoln Hwy, Waterman, IL 60556-9719
    View details
    150 Hickory St

    150 Hickory St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    150 Hickory St, Waterman, IL 60556
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    250 Adams St

    250 Adams St

    COMMERCIAL (GENERAL) • 0.29 Acres
    Value Estimation by Request
    250 Adams St, Waterman, IL 60556
    View details
    145 Adams St

    145 Adams St

    COMMERCIAL (GENERAL) • 0.16 Acres
    Value Estimation by Request
    145 Adams St, Waterman, IL 60556
    View details
    State Rte 23

    State Rte 23

    COMMERCIAL (GENERAL) • 5.47 Acres
    Value Estimation by Request
    State Rte 23, Waterman, IL 60556
    View details
    435 Elm St

    435 Elm St

    COMMERCIAL (GENERAL) • 0.50 Acres
    Value Estimation by Request
    435 Elm St, Waterman, IL 60556-9837
    View details
    465 Elm St

    465 Elm St

    COMMERCIAL (GENERAL) • 0.49 Acres
    Value Estimation by Request
    465 Elm St, Waterman, IL 60556-9851
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    120 Lincoln Hwy

    120 Lincoln Hwy

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    120 Lincoln Hwy, Waterman, IL 60556-9730
    View details
    100 Adams St

    100 Adams St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    100 Adams St, Waterman, IL 60556
    View details
    320 Adams St

    320 Adams St

    COMMERCIAL (GENERAL) • 0.19 Acres
    Value Estimation by Request
    320 Adams St, Waterman, IL 60556-4000
    View details
    11475 State Rte 23

    11475 State Rte 23

    COMMERCIAL (GENERAL) • 2.05 Acres
    Value Estimation by Request
    11475 State Rte 23, Waterman, IL 60556-7167
    View details
    Adams St

    Adams St

    COMMERCIAL (GENERAL) • 0.29 Acres
    Value Estimation by Request
    Adams St, Waterman, IL 60556
    View details
    10003 Lincoln St

    10003 Lincoln St

    COMMERCIAL (GENERAL) • 1.00 Acre
    Value Estimation
    $850,000
    10003 Lincoln St, Waterman, IL 60556
    View details
    130 Lincoln Hwy

    130 Lincoln Hwy

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    130 Lincoln Hwy, Waterman, IL 60556-9730
    View details
    215 Duffy Rd

    215 Duffy Rd

    COMMERCIAL (GENERAL) • 1.95 Acres
    Value Estimation by Request
    215 Duffy Rd, Waterman, IL 60556-9760
    View details
    Preserve Rd

    Preserve Rd

    COMMERCIAL (GENERAL) • 2.98 Acres
    Value Estimation by Request
    Preserve Rd, Waterman, IL 60556
    View details

    Waterman, IL Commercial Real Estate Investment Opportunities Market Analysis

    Explore 101 commercial real estate for sale in Waterman, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,240 square feet of properties for sale, with an estimated market value of $355,000.

    Sale prices for business properties in Waterman, IL start at $355,000, averaging $355,000, and reaching up to $355,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 2,156
    Population Growth (5Y) +6.3%
    Median Household Income $94,625
    College Educated 36.8%

    High-Yield Neighborhoods for Strategic Investment

    Identify Waterman submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    60556 $361.7K

    Taxes & Financing

    Tax Rate (average for all types) 7.87%
    Average Loan-to-Value 65.0%

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