212 Lincoln Hwy Waterman, IL 60556-9732

Property Details for 212 Lincoln Hwy

Lot size

0.10 lot acres

Property type

Commercial real estate

APN

14-16-282-015

APU

1416282015

Description

This 2,288 square foot commercial building located at 212 W Lincoln Highway in Waterman, IL, presents a unique investment opportunity. Currently operating as a laundromat, the property boasts 10 standard washing machines, two heavy-duty washers, and 7 dryers. All laundry equipment is included in the sale as-is. The front of the building includes a single bathroom. The rear section, historically used as a dining room/event space, features attractive barnwood paneling and is connected to the adjacent building at 208 W Lincoln Highway. This rear area benefits from central air conditioning and includes two additional bathrooms. The property's versatility allows for a variety of uses, including continued operation as a laundromat, or repurposing for retail, office space, or an event venue. The building's size and layout offer significant potential for creative adaptation. The property is being sold as-is. Note that the adjacent building at 208 W Lincoln Highway is also available for purchase, presenting an exceptional opportunity to acquire both properties for a combined use, such as a bar or music venue. The combined properties offer a significant footprint for a larger-scale commercial venture. The asking price for this property is $129,900.

Location Insight

City

Waterman

County

Dekalb

State

Illinois

Longitude

-88.7756

Latitude

41.7693

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments