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

101 Watters Drive, Dwight, IL 60420

COMMERCIAL - Dwight, IL

Property Size17,000 SF
Lot Size5.00 Acres
Price / SF$117.06
Days on Market294

Property Features for 101 Watters Drive

General Information

Property type Commercial Sale
Property subtype Retail
Zoning COMMR
Directions I55 Exit 217 MM, property on East Side of Overpass easily visible by interstate traffic.
Subdivision Dwight
Standard status Active
APN 050508226009
Lot size 5.00 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 34559

Utilities

Cooling system Central Air

Building Details

Year built 1993
Floors in Building 1
Number of units 1
Flooring type Concrete, Carpet
Listing Agency: WEB VIDEO Realty
Listed By: Michael O'Donnell · License #471009539
Added: Oct 22, 2025 Changed: Aug 4 Last Checked: Aug 11 at 5:06PM
MLS# 12501953

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This flex space is a highly configurable industrial facility offering a mix of office, showroom, and service bays in a former car dealership building. The property includes a 17,000 SF structure built in 1993, with carpet and concrete flooring and central air. The site includes a 5-acre lot and a 46,800 SF paved and lighted parking area suited for truck, fleet, or equipment storage and inventory. On the operations side, the facility features a dedicated, heated drive-through bay and a 3-vehicle heated wash bay. Electrical service is listed as 440. The showroom totals 6,720 SF with track lighting, and there is a 1,500 SF office suite with 6 private offices, 3 restrooms, ADA accessibility, a dedicated parts department, and multiple storage rooms.

Located at 101 Watters Drive in Dwight, Illinois, the property offers direct exposure and immediate access from I-55 at Exit 217, with daily traffic count exceeding 20,800 vehicles. It is also near the intersection of I-80 and I-39, and is about 35 miles from the Port of Entry Elwood Intermodal Rail Yard.

Zoned COMMR, the layout supports a range of commercial and industrial uses where both customer-facing space and vehicle/service operations are needed.

Key Highlights

  • Direct exposure and immediate access from I‑55 at Exit 217, with daily traffic count exceeding 20,800 vehicles
  • 5‑acre lot with 46,800 SF paved and lighted parking area for truck, fleet, or equipment storage
  • 17,000 SF flex facility built in 1993 with carpet and concrete flooring and central air

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

1
Drive-in doors
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

156
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
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Frequently Asked Questions

What type of property is this?
Flex space - Flex space offering showroom and office plus heated drive-through bay and heated wash bay for fleet or logistics operations.
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: Direct exposure and immediate access from I‑55 at Exit 217, with daily traffic count exceeding 20,800 vehicles; 5‑acre lot with 46,800 SF paved and lighted parking area for truck, fleet, or equipment storage; 17,000 SF flex facility built in 1993 with carpet and concrete flooring and central air
More about this property
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