Historic Dwight Mixed-Use
For Sale
$245,000
118 East Main Street, Dwight, IL 60420
4,200 SF mixed-use building with restaurant and apartments.
Property Size4,500 SF
Price / SF$54.44
Days on Market451
Property Features for 118 East Main Street
General Information
Standard status
Active
Size
4,500 SF
Zoning
COMMR
Taxes and HOA fees
Annual Taxes
$6,147
Building Details
Year Built
1916
Stories
2
Listing Agency:
Joan Bullard Realty, Inc.
(815) 252-1602
Listed By:
Kasey Strachan · License #471020380
(815) 252-1602
Source:
Compass
Added: May 18, 2025
Changed: Aug 11
Last Checked: Aug 10 at 10:18AM
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 Joan Bullard Realty, Inc.
Investment Insights
Based on property information with market context.
This 4,200 square foot building, located on Historic Downtown Main St in Dwight, presents endless opportunities. The main level features a large open space with a separate kitchen area, new tile on the floors and walls, and a redone bar. It includes two bathrooms and is equipped with two AC units and a furnace. The space is designed to accommodate a restaurant. The restaurant area is currently leased for $1,200 per month under a month-to-month contract. Upstairs, there are two 2-bedroom, 1-bath apartments with tall ceilings. Each unit has its own furnace and window AC. The main area, with new tile installed in 2025, includes a coin washer and dryer. The building has two separate entrances to the basement and upstairs. The hallway of the common area upstairs also features new tile. An elevator is available. The full basement includes two bathrooms and an old bar. Fire equipment is up to date throughout the building.
Key Highlights
- 4,200 sq ft building on Historic Downtown Main St, Dwight
- Main level equipped for restaurant: hood range, walk‑in cooler (new motor 2025), kitchen area, new tile, redone bar, 2 bathrooms
- Two 2‑bedroom, 1‑bath apartments upstairs provide rental income
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
329
Businesses Nearby
Explore this area
Business Placement
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 Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - 4,200 SF mixed-use building with restaurant and apartments.
Where is this mixed-use property located?
The property is located at 118 East Main Street Dwight, IL.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: 4,200 sq ft building on Historic Downtown Main St, Dwight; Main level equipped for restaurant: hood range, walk‑in cooler (new motor 2025), kitchen area, new tile, redone bar, 2 bathrooms; Two 2‑bedroom, 1‑bath apartments upstairs provide rental income
