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Flex Space with Drive-Through Bay
For Sale
$1,990,000

101 Watters Dr, Dwight, IL 60420

Adaptable commercial facility with heated service areas, showroom, offices, paved parking, and access near Interstate 55.

Property Size17,000 SF
Lot Size5.00 Acres
Price / SF$113.71
Days on Market18

Property Features for 101 Watters Dr

General Information

Standard status Active
Size 17,000 SF
Lot size 5.00 Acres
Zoning C-2

Site & Location

Highway Access Yes
Road Access Yes

Warehouse & Industrial

Office Build-Out 1,500 SF
Voltage 440 V

Additional Details

Asking Price $1,490,000

Building Details

Year Built 1993
Buildings 1
Building Size 17,000 SF
Listing Agency: WEB VIDEO Realty
Listed By: Michael O'Donnell · License #471009539
Source: Grandviewrealtyservices
Added: Aug 12 Changed: Aug 29 Last Checked: Aug 25 at 4:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WEB VIDEO Realty

Investment Insights

Based on property information with market context.

This flex property includes a 17,000-square-foot former automotive dealership building on a 5-acre site. The facility combines a 6,720-square-foot showroom, a 1,500-square-foot office suite with 6 private offices and 3 restrooms, a parts department, storage rooms, and ADA accessibility. Operational improvements include a heated drive-through bay, a 3-vehicle heated wash bay, and 440 electric service.

A 46,800-square-foot paved and lighted parking area provides substantial outdoor capacity for vehicles, equipment, or inventory. The property has frontage on Route 17 and sits immediately off Interstate 55 at Exit 217, where the stated traffic count exceeds 20,800 vehicles daily. Interstate connections include I-80 and I-39, while the Port of Entry Elwood Intermodal Rail Yard is 35 miles away. The Dwight Amtrak Station supports rail access to Chicago and St. Louis.

Key Highlights

  • 17,000 SF building on a 5‑acre site
  • 46,800 SF paved and lighted parking lot
  • Heated drive‑through bay and 3‑vehicle heated wash bay

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Law Firm Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

153
Businesses Nearby
Well-served
Demand for This Use

Demographics for 60420, IL

4,701
Population
2,002
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
93%
High-School Grad
96.7 sq mi
ZIP Area
49
Density / Sq Mi
$68,184
Median Household Income
$38,973
Median Earnings
$984
Median Rent
$161,800
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Adaptable commercial facility with heated service areas, showroom, offices, paved parking, and access near Interstate 55.
Where is this flex space located?
The property is located at 101 Watters Dr Dwight, IL.
What is the asking price?
The asking price for this property is $1,990,000.
What are key features of this property?
This property features: 17,000 SF building on a 5‑acre site; 46,800 SF paved and lighted parking lot; Heated drive‑through bay and 3‑vehicle heated wash bay
More about this property
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