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Pending

208-212 W Lincoln Hwy Waterman IL, Waterman, IL 60556

Connected commercial buildings combine former hospitality, residential, laundromat, and event space uses in one property.

Property SizeContact for details
Days on Market142

Property Features for 208-212 W Lincoln Hwy Waterman IL

General Information

Standard status Pending
Property subtype Mixed Use, Retail

Amenities

central air conditioning

Building Details

Buildings 2
Listing Agency: Coldwell Banker Commercial Geneva
Listed By: Charles Kirkwood · License #IL 475.142955
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 6:50AM

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 Coldwell Banker Commercial Geneva

Investment Insights

Based on property information with market context.

This mixed-use property consists of two connected commercial buildings. The 208 building has a former bar-and-grill layout with a one-bedroom apartment on the second floor, while the 212 building includes a laundromat setup with 10 washing machines, two heavy-duty washers, and seven dryers. Kitchen equipment and other bar FF&E are included in the sale.

The rear portion of the 212 building is configured as a dining room or event hall with two bathrooms and central air conditioning. The buildings, laundromat equipment, and bar FF&E are being sold as-is. The property is also available as separate buildings.

Key Highlights

  • Two connected commercial buildings offered together
  • Former bar‑and‑grill space includes a one‑bedroom second‑floor apartment
  • Laundromat setup includes 10 washing machines, two heavy‑duty washers, and seven dryers

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Auto Repair Shop Parking Lot & Garage Storage Facility Pharmacy Hair Salon Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

105
Businesses Nearby

Demographics for 60556, IL

1,956
Population
781
Households
2.5
Avg Household Size
39
Median Age
28%
College-Educated
90%
High-School Grad
52.4 sq mi
ZIP Area
37
Density / Sq Mi
$94,625
Median Household Income
$46,979
Median Earnings
$967
Median Rent
$242,900
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Connected commercial buildings combine former hospitality, residential, laundromat, and event space uses in one property.
Where is this mixed-use property located?
The property is located at 208-212 W Lincoln Hwy Waterman IL Waterman, IL.
What are key features of this property?
This property features: Two connected commercial buildings offered together; Former bar‑and‑grill space includes a one‑bedroom second‑floor apartment; Laundromat setup includes 10 washing machines, two heavy‑duty washers, and seven dryers
(815) 553-2406 Call to check price and availability
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