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$170,000
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Property Description
Located in the heart of Wilmington, this 1,400 sq. ft. commercial building offers the perfect opportunity to establish or expand your business in a highly visible and desirable downtown location. Situated on a spacious double lot, the property features a welcoming reception area, multiple private offices, a kitchenette, and a full basement-ideal for storage or additional workspace. Enjoy the beautifully landscaped courtyard, providing a serene setting for breaks or client meetings. Additional highlights include private parking and a fresh, modern interior that's move-in ready. Whether you're launching a new venture or relocating your current business, this property offers unmatched potential in a thriving area.
Full Property Details
Full Property Details for 105 S Water St
General
- Sold For: $170,000
- Taxes: $2,797 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12387531
- Added to Site: 223 day(s) ago
Interior
- Flooring: Carpet
Additional Information
- Security/Safety: Fire Extinguisher(s), Hydrants on Site
Location
- Area: Wilmington
- County: Will
- Driving Directions: Downtown Wilmington, South east Corner of Rt53 and Rt 102
- Location Details: South Suburban, Central Business District, Corner, Mixed-Use Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Construction: Block, Cedar, Frame
- Exterior Const.: Block, Cedar, Frame
- Foundation: Block
- Roof: Rubber
- Sub-Flooring: Carpet
- Stories/Levels: 1
- Square Feet: 1,400
- Current Bldg. Use: Office
- # of Stores: 1
Unit Information
- Units w/Range/Oven: 1
Lot Features
- Lot Size (Sq. Ft.): 5,808
- Lot Dimensions: 22 x 132 x 44 x 132
- Frontage: State Road
- Potential Use: Commercial, Office, Retail
- Zoning: COMMR
Financial Considerations
- Operating Expenses: $2,797
- Security Deposit: Fire Extinguisher/s, Hydrants On Site
- Tax Amount: $2,797.18
- Tax Year: 2023
- Tenant Pays: Electricity, Heat, Scavenger, Sewer
Disclosures and Reports
- Property ID: 317253240030000
Listed by RE/MAX Ultimate Professionals
Sold by Pro Real Estate
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Schools
Schools serving 105 S Water St
School District:Wilmington Community Unit School District 209u
| Name | Grades | Distance |
|---|---|---|
L J Stevens Intermediate School 221 Ryan Street, Wilmington, IL 60481 | 2-5 | 0.5 mi |
Bruning Elementary School 1910 Bruning Drive, Wilmington, IL 60481 | PK-1 | 1.8 mi |
Wilmington Middle School 715 South Joliet Street, Wilmington, IL 60481 | 6-8 | 0.5 mi |
Wilmington High School 209 Wildcat Court, Wilmington, IL 60481 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 105 S Water St
Date
Details
Price
Change
Source
8/22/2025
Sold
$170,000
-10.48%
MLS
6/07/2025
Listed
$189,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
105 S Water Street, Wilmington, IL 60481 (MLS# 12387531) is a Commercial property that was sold at $170,000 on August 22, 2025. Want to learn more about 105 S Water Street? Do you have questions about finding other Commercial real estate for sale in Wilmington? You can browse all Wilmington real estate or contact a Coldwell Banker agent to request more information.

