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$300,000 Just Listed
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Property Description
Two story commercial building with 2 second floor apartments. All in good condition but sold as-is. Each apartment is 2 bedroom, 1 bath approx 800 sqft each, Down stairs (1-2 units) is approx 1600 sgft, 2 full baths, laundry room, and store room. Recents: Roof 2018, Parking lot paved with drainage added 2024, Parapets 2023, Plumbing 2019, electrical 1st floor 2021, All units remodeled between 2019-2025. (All dates are approximate)
Full Property Details
Full Property Details for 213 N Water St
General
- Price: $300,000
- Taxes: $2,701 (2025)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12790067
- Updated: 10/26/2026
- Added to Site: 7 day(s) ago
Interior
- Interior Features: Multi-Tenant, Laundry Room
- Flooring: Wood
Additional Information
- Security/Safety: Alarm on Site, Fire Extinguisher(s), Carbon Monoxide Detector(s)
Location
- Area: Wilmington
- County: Will
- Township: Wilmington
- Driving Directions: Rt 53 to Water St North to sign
- Location Details: Southwest Suburban, Central Business District
Heating & Cooling
- Cooling Type: Chillers
- Heating Type: Central Heat/Individual Controls, Electric, Forced Air, Gas
Utilities
- Trash: 1640
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Stone
- Roof: Rubber
- Sub-Flooring: Wood
- Stories/Levels: 2
- Square Feet: 3,100
- Current Bldg. Use: Commercial, Other
- # of Stores: 1
- Year Built: 1890
- Built Before 1978: Yes
Unit Information
- # Tenants: 3
- Units w/Refrigerators: 2
- Units w/Range/Oven: 2
- # Dryers: 1
Lot Features
- Lot Size (Sq. Ft.): 2,860
- Lot Dimensions: 22 x 130
- Frontage: City Street
- Drainage: Storm Sewers
- Zoning: RTAIL
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Insurance Fee: $1,921
- Operating Expenses: $8,947
- Security Deposit: Alarm On Site, Fire Extinguisher/s, Carbon Monoxide Detector(s)
- Assessment Year: 1890
- Tax Amount: $2,701.58
- Tax Year: 2025
- Tenant Pays: Air Conditioning, Electricity, Heat
- Pays Trash: 1640
Disclosures and Reports
- Property ID: 317253220070000
Listed by Able Realty, Inc.
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Schools
Schools serving 213 N 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 | 0.7 mi |
Bruning Elementary School 1910 Bruning Drive, Wilmington, IL 60481 | PK-1 | 1.9 mi |
Wilmington Middle School 715 South Joliet Street, Wilmington, IL 60481 | 6-8 | 0.6 mi |
Wilmington High School 209 Wildcat Court, Wilmington, IL 60481 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 213 N Water St
Date
Details
Price
Change
Source
10/20/2026
Listed
$300,000
212.5%
MLS
2/19/2018
Sold
$96,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 213 N Water St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,702
-8%
$38,000
25%
2023
$2,942
26%
$30,279
—
2022
$2,339
-3%
$30,279
—
2020
$2,418
-1%
$30,279
—
2019
$2,441
-1%
$30,279
—
2018
$2,455
43%
$30,279
44%
2017
$1,717
—
$20,979
—
2016
$1,709
-3%
$20,979
—
2015
$1,766
—
$20,979
—
2014
$1,766
5%
$20,979
—
2013
$1,674
7%
$20,979
—
2012
$1,569
—
$20,979
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 213 N Water St
213 N Water Street, Wilmington, IL 60481 (MLS# 12790067) is a Commercial property. 213 N Water Street is currently listed for $300,000 and was received on October 20, 2026. Want to learn more about 213 N 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.

