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101 Watters Dr Dwight, IL 60420

For Sale
$1,490,000

Commercial Sale - Dwight, IL

Property size:
17,500 SF
Days on Market:
46
Last Refresh:
Dec 6 at 6:06 pm

Property Features for 101 Watters Dr

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Zoning
COMMR
APN
050508226009
Size
17,500 SF

Utilities

Cooling system
Central Air

Building Details

Year built
1993
Number of units
1
Flooring type
Carpet, Concrete
Architectural style
Other

Web Video Realtors (815) 955-9489 [email protected]

Listing agent Michael O'Donnell (815) 955-9489 License #471009539

Listing date Oct 22, 2025

MLS# 12501953 Listing URL

Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Prime Commercial Property on I-55

This 17,000 SF commercial property, formerly a car dealership, is situated on a 5-acre site with frontage on Route 17, immediately off Interstate 55. The property features a 46,800 SF paved and lighted parking lot, suitable for truck, fleet, or equipment storage. The building includes a heated drive-through bay, a 3-vehicle heated wash bay, and 440 electric service. There is a 6,720 SF showroom with track lighting, which can be converted to warehouse or flex space, and a 1,500 SF office suite with 6 private offices, 3 restrooms, and ADA accessibility, plus a dedicated parts department and multiple storage rooms. The property is located near the intersection of major interstates, providing access to I-80 and I-39, and is 35 miles from the Port of Entry Elwood Intermodal Rail Yard. The Dwight Amtrak Station provides rail access to Chicago and St. Louis. The property's C-2 (Commercial) zoning supports various uses, including trucking/fleet maintenance, distribution/e-commerce fulfillment, heavy equipment/farm implement sales and storage, or warehouse conversion. The property is located in an area actively seeking new investment, and new owners/users may be eligible for local and county programs such as a Property Tax Abatement on new improvements or Revolving Loan Fund assistance. It benefits from direct exposure and immediate access from I-55 at Exit 217, with a daily traffic count exceeding 20,800 vehicles.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Distribution properties

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Dwight
County
Livingston
State
Illinois
Longitude
-88.442951
Latitude
41.091829

FAQs

What type of property is this?
Distribution property - 17,000 SF commercial building on 5 acres near I-55.
Where is this distribution property located?
The property is located at 101 Watters Dr Dwight, IL.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: - Substantial Price Reduction: Acquisition cost reduced by $460,000, now offered at $1,490,000.; - Strategic Location & Connectivity: Direct I-55 access (Exit 217) with high visibility and proximity to other major routes.; - Large, Flexible Site: Expansive 5-acre lot with a 17,000 SF building and 46,800 SF paved, lighted parking.
More about this property
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