About This Home

This 0-bedroom, 0-bathroom commercial at 101 Watters Drive in Dwight, IL is listed for $1,990,000. Built in 1993, on a 5.00 acres lot.

Key Features

  • Built in 1993
  • 5.00 acre lot

Property Details

1 story
1993

Amenities

A/C
Listing Description

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

Monthly Cost Estimate

$10,643/mo

20% down · 6.5% · 30 years

Principal$1,439
Interest$8,623
Insurance$580

Estimates only. Actual payments may vary.

Location

101 Watters Drive

Dwight, IL 60420

Property Details

Flooring

CarpetConcrete

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 101 Watters Drive is listed at $1,990,000. The estimated monthly payment is $10,643 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1993, 5.00 acre lot.

This property is listed by Michael O'Donnell and can be reached at (815) 955-9489.

MO

Michael O'Donnell

Agent at Web Video Realtors

(815) 955-9489
Agent website

Listed by Web Video Realtors · Broker phone: (815) 955-9489 · Broker website

MLS# 12501953· Source: Midwest Real Estate Data, LLC· 141 days on PropertySimple

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.

101 Watters Drive, Dwight, IL 60420

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