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Improved Commercial Land for Sale in Wilmington, Illinois

1135 S Water St, Wilmington, IL 60481

$3,500,000
3.88 acres
Active
Est $20,082/mo

Prime commercial property located just south of Chicago. This impressive 14,224 square foot building paired with a 2,500 square foot two bay car wash offers a rare investment opportunity. The main building features a welcoming lobby, six private offices, waiting room, break room, service area and large shop with five overhead doors-perfect for a variety of business operations. The additional two bay car wash on the property provides excellent supplemental income potential. Parking ample with about 180 vehicle spaces. Adding to the value the sellers require 36 month leaseback/$25,000 a month, ensuring immediate, consistent rental income for the buyer. Whether you are seeking a sound investment or a versatile property. This site delivers space, functionality and long term stability.

14,224
Sq feet
1998
Built

Location

Street address
1135 S Water St
Community
Wilmington
Elevation
558 feet
Coordinates
41.2956, -88.1381

Directions

I 55 South to North River Rd Left on North Rover Rd Right on N Kankakee St Right on E Baltimore Left on S Water Street

Property details

Acreage
3.879 acres
Zoning
COMMR
MLS #
MRED 12461788
Posted

Property taxes

2024
$35,198

Parcels

  • 0317364000620000

Details and features

Listing

Type
Commercial Sale

Structure

Cooling
Central Air

Listing history

DateEventPriceChangeSource
Sept 3, 2025New listing$3,500,000MRED
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This 3.879-acre property is located at 1135 S Water St in Wilmington, IL 60481. The property is available for sale for $3,500,000. It has a 14,224 sq ft structure built in 1998.

Checked 26 mins ago — Updated

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