1135 S Water St - Auto Dealership FOR SALE


Wilmington, IL 60481
$3,500,000 USD
815-530-2711
1135 S Water St, Wilmington, IL for Sale
$3,500,000 USD
Auto Dealership - FOR SALE
1/48
null | Request Cap Rate

Sep '28


1135 S Water St
Wilmington, IL 60481


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$209 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

ADD'L SUBTYPES

Auto Repair, Freestanding, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

130

LAND DETAILS

LAND ACRES

5.11 AC

LAND SF

222,592 SF

ZONING

Commercial

APN/PARCEL ID

03-17-36-400-062

ASK ABOUT THIS PROPERTY

Jennifer PhillipsLori Bonarek RealtyMore Info
815-530-2711

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Jennifer PhillipsLori Bonarek RealtyMore Info
815-530-2711

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.