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    Waterman, IL
    Mixed-Use

    Waterman, IL Mixed-use Properties for Sale

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    Dekalb, IL Shabbona, IL Hinkley, CA
    Mixed-Use Property with Rental Income
    Updated: Mar 24
    Mixed-Use Property with Rental Income

    250 E Lincoln Highway, Waterman, IL 60556

    $355,000
    2,240 sqft
    Income‑generating investment property with 7 owned mobile homes and rental income potential from the commercial building.
    Commercial building (56 X 40) with flexible layout due to temporary walls, suitable for various business needs.
    High‑visibility location on a busy highway, ideal for attracting customers to a business.
    Building equipped with essential utilities: furnace, hanging heater, water heater, central air, 2 bathrooms, and plumbing with a floor drain on one side.
    Mix of mobile home sizes (2‑4 bedrooms) to attract a variety of tenants.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Waterman, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Building in Downtown Sandwich
    Mixed-Use Building in Downtown Sandwich

    8 E Railroad Street, Sandwich, IL 60548

    $925,000
    24,000 sqft · 0.71 AC lot

    10-unit mixed-use building with retail space and apartments.

    View details
    Historic Mixed-Use Building in Sycamore
    Historic Mixed-Use Building in Sycamore

    134 W State Street, Sycamore, IL 60178

    $1,150,000

    Fully leased mixed-use historic building in downtown Sycamore.

    View details
    Mixed-Use Building in Downtown Sandwich
    Mixed-Use Building in Downtown Sandwich

    8 E Railroad Street, Sandwich, IL 60548

    $975,000
    24,000 sqft

    Ten-unit mixed-use building with retail and apartments in Sandwich, IL.

    View details
    Mixed-Use Building on 0.6 Acres
    Mixed-Use Building on 0.6 Acres

    2900 DeKalb Ave, Sycamore, IL 60178

    $950,000
    5,208 sqft

    5,208 sq ft building with apartments and commercial spaces.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Development Land on Rt. 47
    Prime Development Land on Rt. 47

    47 - Hughes Road, Elburn, IL 60119

    $1,250,000
    18.05 AC lot

    18.05 acre development parcel in prime location on Rt. 47.

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    Corner Commercial Development Land
    Corner Commercial Development Land

    2113 IL Route 47, Yorkville, IL 60560

    $1,695,000
    4.25 AC lot

    4.25-acre B-3 zoned corner parcel with major Route 47 frontage for flexible commercial site development.

    View details
    Elgin Land Development Opportunity
    Elgin Land Development Opportunity

    40 Acres Randall Road, Elgin, IL 60123

    $10,000,000
    40.40 AC lot

    40.4 acres on Randall Road, ideal for mixed-use development.

    View details
    Lisle Commercial Redevelopment Opportunity
    Lisle Commercial Redevelopment Opportunity

    5625 Lincoln Avenue, Lisle, IL 60532

    $399,500
    0.67 AC lot

    Commercial land for sale in Lisle, Illinois.

    View details

    Off-Market Properties in Waterman, IL

    Consider similar Off-Market properties in Waterman, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    250 Lincoln Hwy
    Mixed-use properties

    250 Lincoln Hwy, Waterman, IL 60556

    Value Estimation by Request
    2,240 sqft
    View details

    Waterman, IL Mixed-Use Properties Market Trends and Statistics

    Explore 2 mixed-use properties for sale in Waterman, IL on our real estate platform. These investment opportunities span a total of 2,240 square feet of properties for sale, with an estimated market value of $355,000.

    Sale prices for multi use buildings in Waterman, IL start at $355,000, averaging $355,000, and reaching up to $355,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 2,156
    Population Growth (5Y) +6.3%
    Median Household Income $94,625
    College Educated 36.8%

    High-Yield Neighborhoods for Investment

    Identify Waterman submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60556 $355K

    Taxes & Financing

    Tax Rate (average for all types) 7.87%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in DeKalb County

    New Delisted

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