Ad #7839918
MLS #12631492
Prime Downtown Wilmington Mixed-Use Investment
116-118 S Water St, Wilmington, Illinois, 60481
$1,165,000
0Beds
0Baths
0Sqft
0.300Acres
About this property
Prime Downtown Wilmington Mixed-Use Investment Opportunity-Turnkey, Leased and Exceptionally Versatile. Welcome to 116-118 S. Water Street, a professionally rehabbed mixed-use commercial property offering a rare combination of retail, bar, and office suites in the heart of downtown Wilmington. Thoughtfully renovated with designer-level finishes, this essentially new-construction building has been reimagined for flexibility, functionality, and long-term appeal. Featuring a blend of turnkey leased spaces, the property is well-suited for investors seeking income-producing real estate or owner-users looking for a dynamic business environment. All bathrooms are ADA compliant, and the property is zoned B-2A, allowing for a wide range of potential uses. Ideally positioned along the water in Wilmington's downtown corridor, the property offers a unique waterfront setting that enhances its appeal for retail, hospitality, office, or entertainment uses, while benefiting from excellent visibility, accessibility, and strong presence. This is an exceptional opportunity to add a quality mixed-use asset to your investment portfolio.
Property Features
0 Beds
0 Baths
0 Sqft
Built in 1914
0.300 Acres
1 Story
Siding: Block, Wood
$6,322 / yr property tax
Will County
Additional Photos
Contact Information
Daniel Condon
RE/MAX Ultimate Professionals
815-725-4545
Location
Listing Agent: Daniel Condon 815-725-4545
Broker: RE/MAX Ultimate Professionals 815-725-4545 Listing Site
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: RE/MAX Ultimate Professionals 815-725-4545 Listing Site
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BarrierFreeHome.com
Printed Jun 17, 2026
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$1,165,000
0
Beds
0
Baths
0
Sqft
116-118 S Water St, Wilmington, Illinois, 60481
By contacting this agent you agree to these Terms and Conditions.
MLS# 12631492
Prime Downtown Wilmington Mixed-Use Investment
$1,165,000
116-118 S Water St, Wilmington, Illinois, 60481
0
Beds
0
Baths
0
Sqft
0.300
Acres
$1,165,000
116-118 S Water St, Wilmington, Illinois, 60481
0 Beds
0 Baths
0 Sqft
0.300 Acres
Prime Downtown Wilmington Mixed-Use Investment Opportunity-Turnkey, Leased and Exceptionally Versatile. Welcome to 116-118 S. Water Street, a professionally rehabbed mixed-use commercial property offering a rare combination of retail, bar, and office suites in the heart of downtown Wilmington. Thoughtfully renovated with designer-level finishes, this essentially new-construction building has been reimagined for flexibility, functionality, and long-term appeal. Featuring a blend of turnkey leased spaces, the property is well-suited for investors seeking income-producing real estate or owner-users looking for a dynamic business environment. All bathrooms are ADA compliant, and the property is zoned B-2A, allowing for a wide range of potential uses. Ideally positioned along the water in Wilmington's downtown corridor, the property offers a unique waterfront setting that enhances its appeal for retail, hospitality, office, or entertainment uses, while benefiting from excellent visibility, accessibility, and strong presence. This is an exceptional opportunity to add a quality mixed-use asset to your investment portfolio.
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
Built in 1914
0.300 Acres
1 Story
EXTERIOR
Siding: Block, Wood
FINANCIAL & COMMUNITY
$6,322 / yr property tax
Will County
See More Details
Location
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Ad Statistics
Ad Number
7839918
Viewed
2 times
Listing Status
Active Under Contract
Added
May 28, 2026
Last Refresh
Jun 17, 2026 01:29:37 AM
Listing Information
Data Source
Midwest Real Estate Data, LLC
Source Property ID
12631492
Listing Agent: Daniel Condon 815-725-4545
Broker: RE/MAX Ultimate Professionals 815-725-4545 Listing Site
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: RE/MAX Ultimate Professionals 815-725-4545 Listing Site
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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