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118 Water Street S

Wilmington, IL 60481
  • $19
  • STATUS: Active
  • ON SITE: 40 Days
  • MLS #: 12290711
UPDATED: 41 min ago
$19
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial-Lease
Built:
1914
County:
Area:

School Ratings & Info

Description

Prime Downtown Wilmington Flex Space - Ideal for Bar, Restaurant, or Entertainment Venue! Welcome to 118 S. Water St, a professionally rehabbed commercial space designed for ultimate versatility. With a wide-open layout, bright interiors, and a neutral finish ready for tenant customization, this property offers endless possibilities. Whether you envision a lively bar, a trendy restaurant, or a dynamic entertainment venue, this space is built to accommodate your vision. Featuring two ADA-compliant bathrooms, a dedicated storage room, and an office space, the property is both functional and flexible. Rough-in plumbing is already in place for sinks or a full bar, streamlining the setup process. A standout feature is the large overhead door, which opens seamlessly to a spacious patio area, perfect for indoor-outdoor flow. Zoned B2-A, this prime location in the heart of downtown Wilmington provides high visibility and easy accessibility. Don't miss this exceptional opportunity to establish your business in one of the most sought-after spots in town-schedule a tour today!



© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Suburban Life Realty. Based on information submitted to the MRED as of 2025-03-27T13:12:43.157 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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118 Water Street S Wilmington, IL 60481

  • Price: $19
  • Status: Active
  • On Site: 40 Days
  • Updated: 41 min ago
  • MLS #: 12290711
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1914
Built
Neighborhood:
Will
County:
Will
Area:
Will
Property Description
Prime Downtown Wilmington Flex Space - Ideal for Bar, Restaurant, or Entertainment Venue! Welcome to 118 S. Water St, a professionally rehabbed commercial space designed for ultimate versatility. With a wide-open layout, bright interiors, and a neutral finish ready for tenant customization, this property offers endless possibilities. Whether you envision a lively bar, a trendy restaurant, or a dynamic entertainment venue, this space is built to accommodate your vision. Featuring two ADA-compliant bathrooms, a dedicated storage room, and an office space, the property is both functional and flexible. Rough-in plumbing is already in place for sinks or a full bar, streamlining the setup process. A standout feature is the large overhead door, which opens seamlessly to a spacious patio area, perfect for indoor-outdoor flow. Zoned B2-A, this prime location in the heart of downtown Wilmington provides high visibility and easy accessibility. Don't miss this exceptional opportunity to establish your business in one of the most sought-after spots in town-schedule a tour today!
Exterior Features

Foundation Details Concrete Perimeter Frontage Type City Street

Interior Features

Cooling Central Air Flooring ConcreteSealed Heat Ventilation Forced Air Miscellaneous Inside Accessible Washroom/sOverhead Door/sPrivate Restroom/s Number Of TLDocks 0

Property Features

Current Use Commercial Electric Circuit Breakers Fire Protection Smoke or Fire ProtectorsCarbon Monoxide Detector(s) Leasable Area 1823 Location Central Business DistrictRiverfrontWater FrontWater ViewIn City Limits Net Operating Income 0 Number Of Tenants 1 Property Offered For Rent Only Property Sub Type Free Standing StoreMedicalNeighborhood StorefrontRestaurantShopping CenterStrip Center Rental Price 19.61 Tax Annual Amount 0 Tax Year 2023 Tenant Pays ElectricityHeatRepairsSewer Township Wilmington Type Retail/Stores Zoning COMMR

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Century 21 Pride Realty: 708-479-0021.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Suburban Life Realty. Based on information submitted to the MRED as of 2025-03-27T13:12:43.157 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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