101 Watters Dr

Dwight, IL 60420
  • $1,490,000

    Price
  • 0

    Bed
  • Bath
  • 17,500

    SqFt

About the Listing 79780 - 703476

MAJOR PRICE REDUCTION: Acquisition Cost Slashed by $460,000! This is an urgent call for users and investors to seize a premier commercial property now available at $1,490,000. Meticulously maintained and engineered with superior, modern construction, this 17,000 SF former car dealership offers a massive, highly flexible 5-acre site with expansive frontage on Route 17, immediately off Interstate 55. This new price point creates an undeniable opportunity for high-capacity industrial, logistics, or fleet operations. Strategic Location: Midwest Connectivity This property is strategically positioned in the heart of Illinois' primary transportation network, offering unparalleled connectivity for distribution, fleet, and corporate users: I-55 Visibility: Direct exposure and immediate access from I-55 at Exit 217. Benefit from a daily traffic count exceeding 20,800 vehicles. Central Corridor Hub: Located near the intersection of major interstates, providing direct access to: I-80 (East/West): The main Midwest cross-country freight route. I-39 (North/South): Critical link to Rockford and the central Illinois market. Intermodal Proximity: Just 35 miles from the Port of Entry Elwood Intermodal Rail Yard, making this a prime location for major trucking, distribution, and logistics operations. Executive Connectivity: The recently upgraded Dwight Amtrak Station provides comfortable, high-speed rail access for executive travel to/from Chicago or St. Louis. Facility Highlights: High-Capacity & Adaptable The 17,000 SF building is a specialized, ready-to-use asset perfectly suited for intensive commercial operation and ready for adaptation: Land & Parking: Expansive 5-acre lot featuring a 46,800 SF paved and lighted parking lot-ample space for truck, fleet, or equipment storage and inventory. Industrial Infrastructure: Features a dedicated, heated drive-through bay, a 3-vehicle heated wash bay, and robust 440 electric service ready to handle industrial equipment or charging stations. Showroom & Office: Includes a striking 6,720 SF showroom with track lighting (easily converted to warehouse or flex space) and an organized 1,500 SF office suite (6 private offices, 3 restrooms, ADA accessibility) plus a dedicated parts department and multiple storage rooms. Potential & Economic Development This flexible C-2 (Commercial) zoning supports a wide range of high-value uses, ensuring maximum investor return: Ideal Adaptive Reuse: Trucking/Fleet Maintenance Hub, Distribution/E-commerce Fulfillment Center, Heavy Equipment/Farm Implement Sales and Storage, or Warehouse conversion. Economic Development Opportunity: The property is located in an area actively seeking new investment. New owners/users may be eligible for local and county programs such as a Property Tax Abatement on new improvements or Revolving Loan Fund assistance. Buyer must verify specific program eligibility with the Village of Dwight. THIS IS THE TIME TO CAPTURE A PREMIUM I-55 ASSET AT A DRAMATICALLY REVISED PRICE. Contact

Listing Highlights for 101 Watters Dr

Status Active
Days on Site 21
Property Type Commercial Sale
MLS ® 12501953
Year Built 1993
Total Square Footage 17,500
Lot/Acreage 5
County Livingston

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Central Bldg Heat,Gas
  • Fireplaces:
  • Floor: Carpet,Concrete
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 5 ACRES
  • Zoning: COMMR
  • Roof:
  • Others:
  • Sewer:
  • Parking Features: 51-100 Spaces

Financial Details

  • Tax Amount: $34,559
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 050508226009
  • Tax Year: 2023

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101 Watters Dr Dwight, IL 60420

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Originating MLS: mred

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