- 17,500
- sqft
- 1993
- year built
- Status:
- Active
- MLS #:
- 12501953
- County:
- Livingston
- Listed By:
- Michael O'Donnell - WEB VIDEO Realty
- Office Phone:
- (815) 955-9489
- Agent Email:
- buynsellrealestate@hotmail.com
Sponsoring Broker: Diane Glass, Berkshire Hathaway HomeServices Chicago
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
Highlights
- Commercial Sale
- Retail
- Built in 1993
- 384 days on Market
-
- Year Built
- 1993
-
- Stories
- 1.0
-
- Flooring
- Carpet, Concrete
-
- Cooling
- Central Air
-
- Area
- Dwight
-
- County
- Livingston
-
- City
- Dwight
-
- Zip Code
- 60420
-
Nearby Schools
-
53out of 100
-
50out of 100
-
49out of 100
Disclaimer: ez Home Search School Ratings are on a scale of 1-100 and represent our evaluation of school quality based on academic performance, school resources, community feedback, and demographic factors. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.
-
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Price History
| 05/08/2026 | Price Changed | $1,990,000 |
| Source: Midwest Real Estate Data (MRED) #12501953 | ||
| 10/22/2025 | Listed | $1,490,000 |
| Source: Midwest Real Estate Data (MRED) #12501953 | ||
| 03/13/2025 | Off Market | — |
| Source: Midwest Real Estate Data (MRED) #12311123 | ||
Source: MLS Data
Mortgage History
| 11/22/2023 | Coventional | $700,000 |
| 06/14/2013 | Commercial | $4,880,000 |
| 06/03/2011 | Commercial | $4,726,731 |
Source: Public records via Constellation Data Labs
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Frequently Asked Questions
How do I schedule a tour of 101 Watters Dr?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 101 Watters Dr.
They know commercial sales in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 101 Watters Dr?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $1,990,000. We can talk through recent upgrades, potential seller motivation, how this retail compares to others in Dwight, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 101 Watters Dr?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 101 Watters Dr at around $14,204. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 101 Watters Dr?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Livingston County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 101 Watters Dr?
In most cases, yes. Whether 101 Watters Dr is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Dwight's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 101 Watters Dr?
We can handle that for you. Our preferred local agent specializes in commercial sales in Dwight and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $1,990,000 with 17,500 sqft of space—that comes out to approximately $114 per square foot.
How long has this property been on the market?
101 Watters Dr was listed on October 22, 2025, which means it's been on the market for 384 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1993, making it approximately 33 years old.
What are the property taxes for 101 Watters Dr?
The most recent public record shows annual property taxes for 101 Watters Dr were approximately $34,559. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 101 Watters Dr still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Listing information 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 deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.
Last Updated: November 10, 2026 at 07:47PM | Source: Midwest Real Estate Data (MRED) | MLS#: 12501953
