Wilmington, IL 60481,121 N WATER ST
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Wilmington, IL 60481,121 N WATER ST
Wilmington, IL 60481,121 N WATER ST
Wilmington, IL 60481,121 N WATER ST
Wilmington, IL 60481,121 N WATER ST

$300,000

Est. payment /mo

$335,000

10.4%
Est.Price: ?

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121 N WATER ST Wilmington, IL 60481

10,327 SqFt

SOLD DATE : 10/31/2022

Key Details

Sold Price $300,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 10,327 sqft

Price per Sqft $29

MLS Listing ID 11624114

Sold Date 10/31/22

Annual Tax Amount $4,202

Tax Year 2020

Lot Dimensions 5395

Property Description

THIS FIVE UNIT INCOME PRODUCER IS ON THE MARKET. TWO THREE BEDROOM REMODELED UPSTAIR UNITS WITH IN UNIT LAUNDRY, ARE CURRENTLY BEING LEASED TO LONG TIME TENANTS ALONG WITH A MAIN LEVEL REAR UNIT, ALL PRODUCING $2800 PER MONTH IN INCOME, TWO VACANT STORE FRONTS ONE AT 1157 S.F IS CURRENTLY SET UP AS TWO OFFICES WITH A RECEPTION AREA, THE OTHER IS 1619 S.F WITH A 3455 S.F. FINISHED BASEMENT AREA TOTALING 6200 S.F CAN ADD $2200 MONTHLY OR A TOTAL ANNUAL INCOME OF $60,000. OR USE IT YOURSELF FOR THAT BUSINESS YOU ALWAYS DREAMED OF. CENTER WALL BETWEEN THE TWO UNITS CAN BE OPENED IF YOU NEED THE ENTIRE 2776 S.F. TOTAL S.F WITH BASEMENT IS OVER 10,000. POSSIBILITIES ARE ENDLESS. BUILDING HAS A RECENT ROOF, FULLY REMODELED APARTMENTS, CENTRAL AIR & HEAT AND ALL UNITS HAVE SEPARATE ELECTRIC.CORNER LOCATION FOR ADDED EXPOSURE, REAR OF THE BUILDING HAS PARKING.OCCUPIED UNITS NEED 48 HOUR NOTICE, STOREFRONTS CAN BE SEEN ANYTIME.

Location

State IL

County Will

Area Wilmington

Zoning OTHER

Interior

Cooling Central Individual

Fireplace N

Building

Level or Stories 2

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Midwest Real Estate Data (MRED) IDX
Listed by Robert Haustein • RE/MAX 1st Service
Bought with Philip Howell • RE/MAX Top Properties

Laurie Field

Real Estate Advisor

+1(312) 504-7010

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