Building Details

Year built 1940

Floors in Building 1

Number of units 1

Flooring type Concrete

Buildings 1

Listing Agency: Pro Real Estate m***@gmail.com

Listed By: Christopher Shell · License #475131739 Show Phone

Added: Nov 5 Last Checked: Nov 6 at 2:06PM

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MLS# 12802750

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Investment Insights

Based on property information with market context.

This 1940 storefront occupies a 0.0364-acre parcel at 208 N Water Street in Wilmington. Recent work covered the roof, interior, heating and air conditioning, electrical service, and plumbing. The building has concrete flooring and central air conditioning.

The property is in downtown Wilmington and looks out over the Kankakee River Mill Race, with water views.

Key Highlights

• Recent work includes the roof, interior, heating and air conditioning, electrical service, and plumbing
• Views over the Kankakee River Mill Race
• 0.0364‑acre parcel at 208 N Water Street in Wilmington

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Garden Center Real Estate Agency Carpet & Flooring 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

406

Businesses Nearby

18k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 86% Dining 14%

Shell Shops & Services

5,933 visits/mo 0.4 miles

Mobil Shops & Services

4,843 visits/mo 0.1 miles

U.S. Bank Shops & Services

2,292 visits/mo 0.4 miles

SUBWAY Dining

1,527 visits/mo 0.1 miles

Super Wash Shops & Services

1,207 visits/mo 0.5 miles

Demographics for 60481, IL

11,518

Population

5,553

Households

2.1

Avg Household Size

46

Median Age

17%

College-Educated

92%

High-School Grad

123.5 sq mi

ZIP Area

93

Density / Sq Mi

$76,398

Median Household Income

$45,563

Median Earnings

$975

Median Rent

$224,800

Median Home Value

Market

Average Price Trend$/SF for Storefront properties in Will County, IL

$169 Jul

$118 Aug

$128 Sep

$133 Oct

Properties on Market for Storefront properties in Will County

Jul

Aug

Sep

Oct

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Similar For Sale Nearby

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Retail Space with Storage Units

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$799,000

17,000 SF

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Brick Restaurant with Second-Floor Apartment

403 N Main Street, Wilmington, IL 60481

$749,500

0.40 Acres

View details

Similar Off Market Nearby

• The Flower Loft — 221 N Water St, Wilmington, IL 60481

Frequently Asked Questions

What type of property is this?

Storefront property - A recent renovation updated the interior and major building systems for storefront use.

Where is this storefront property located?

The property is located at 208 N Water Street Wilmington, IL.

What is the asking price?

The asking price for this property is $187,000.

What are key features of this property?

This property features: Recent work includes the roof, interior, heating and air conditioning, electrical service, and plumbing; Views over the Kankakee River Mill Race; 0.0364‑acre parcel at 208 N Water Street in Wilmington