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Property Description
Many possibilities with this former car dealership in high traffic area*It's commercially zoned and would be perfect for a used car lot, tire and/or mechanic's shop or oil change business or change it up and turn it into the business you've been dreaming of starting*It is located in a perfect spot on a city street with high visibility*Plenty of parking available*2 overhead doors for easy in and out*Service desk and parts room, 4 hanging heaters in service area*Automatic motion sensor lights for entire building and all LED lighting inside and out*7ft High ceiling in storage area above service desk*12 gauge steel gutters on north and south side of building*Stairs to attic that is partially floored for more storage* 2 lifts (7000 lbs and 9000 lbs)and 1 wired air compressor are all negotiable*A/C and forced heat in showroom*Building has been tuck pointed and entirely painted inside and out*Siding on back of building is brand new*Property may also be leased*Please call listing agent for details.
Full Property Details
Full Property Details for 317 S Water St
General
- Taxes: $8,165 (2022)
- Status: Closed
- Type: Commercial Service
- Source: MRED
- MLS ID: 11863970
- Added to Site: 898 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Wilmington
- County: Will
- Driving Directions: Rt 53 (Baltimore St) to Rt 102 (Water St) South two Blocks to property on corner of Warter St and River St.
- Location Details: South Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas, Other
Structural Information
- Stories/Levels: 1
- Year Built: 1950
- Built Before 1978: Yes
Lot Features
- Lot Dimensions: 132 x 263.11 x 86.53 x 176.50
- Frontage: City Street, State Road
- Potential Use: Commercial
- Zoning: COMMR
Financial Considerations
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1950
- Tax Amount: $8,165.58
- Tax Year: 2022
Disclosures and Reports
- Property ID: 317253260050000
Listed by Baird & Warner Real Estate
Sold by Coldwell Banker Real Estate Group
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Schools
Schools serving 317 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 | 0.4 mi |
Bruning Elementary School 1910 Bruning Drive, Wilmington, IL 60481 | PK-1 | 1.6 mi |
Wilmington Middle School 715 South Joliet Street, Wilmington, IL 60481 | 6-8 | 0.4 mi |
Wilmington High School 209 Wildcat Court, Wilmington, IL 60481 | 9-12 | 0.8 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 317 S Water St
Date
Details
Price
Change
Source
8/26/2023
Sold
$850,000
—
MLS
8/25/2023
Listed
$850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
317 S Water Street, Wilmington, IL 60481 (MLS# 11863970) is a Commercial Service property that was sold on August 26, 2023. Want to learn more about 317 S Water Street? Do you have questions about finding other Commercial Service real estate for sale in Wilmington? You can browse all Wilmington real estate or contact a Coldwell Banker agent to request more information.

