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

101 Watters Drive, Dwight, IL 60420

Adaptable commercial facility with heated service areas, office space, and paved, lighted on-site parking.

Property Size17,500 SF
Lot Size5.00 Acres
Price / SF$117.06
Days on Market315

Property Features for 101 Watters Drive

General Information

Standard status Active
Size 17,500 SF
Lot size 5.00 Acres
Property subtype Commercial
Zoning COMMR

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Asking Price $1,490,000

Taxes and HOA fees

Annual Taxes $34,558

Building Details

Building Size 17,500 SF
Year Built 1993
Buildings 1
Stories 1
Units 1
Listing Agency: WEB VIDEO Realty
Listed By: Michael O'Donnell · License #471009539
Source: Ozmentrealestate
Added: Oct 22, 2025 Changed: Aug 31 Last Checked: Aug 2 at 11:58AM

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 17,000 SF flex facility occupies a 5-acre site and includes a 6,720 SF showroom, a 1,500 SF office suite, a parts department, and multiple storage rooms. The office area has 6 private offices, 3 restrooms, and ADA accessibility. Operational features include a heated drive-through bay, a 3-vehicle heated wash bay, and 440 electric service. The former car dealership configuration can support a range of commercial and industrial-oriented operations.

The property fronts Route 17 near Interstate 55 and provides access from I-55 at Exit 217, where reported daily traffic exceeds 20,800 vehicles. I-80 and I-39 are identified as nearby interstate connections, while the Port of Entry Elwood Intermodal Rail Yard is 35 miles away. Dwight Amtrak Station provides rail service access toward Chicago and St. Louis.

Key Highlights

  • 17,000 SF flex facility 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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 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, office space, and paved, lighted on-site parking.
Where is this flex space located?
The property is located at 101 Watters Drive 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 flex facility 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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