# 1135 S Water Street, Wilmington, IL 60481

> **TL;DR:** commercial, $2,995,000, built 1998.
> A/C. Est. $12,978/mo. Listed 271 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,995,000 |
| Year Built | 1998 |
| Lot Size | 176,645 sqft (4.06 acres) |
| Stories | 1 |
| Property Type | Commercial (Office) |
| Status | For Sale |
| Days on Market | 271 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $12,978 |
| **Total** | **$12,978** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1998
- 4.06 acre lot

## Description

### Agent Description
Prime commercial property located just south of Chicago. This impressive 14,224 square foot building paired with a 2,500 square foot two bay car wash offers a rare investment opportunity. The main building features a welcoming lobby, six private offices, waiting room, break room, service area and large shop with five overhead doors-perfect for a variety of business operations. The additional two bay car wash on the property provides excellent supplemental income potential. Parking ample with about 180 vehicle spaces. Adding to the value the sellers require 36 month leaseback/$25,000 a month, ensuring immediate, consistent rental income for the buyer. Whether you are seeking a sound investment or a versatile property. This site delivers space, functionality and long term stability.

## Location

- **Address:** 1135 S Water Street, Wilmington, IL 60481
- **County:** Will

## Listing Agent

- **Name:** Lori Bonarek
- **Brokerage:** Lori Bonarek Realty
- **Phone:** (815) 518-2300
- **Email:** loribonarek@loribonarekrealty.com

## Primary Photo

![1135 S Water Street - Primary Photo](http://lh.rdcpix.com/9055e17caa97b6008ed9ddaee056748cl-f1795169598r.jpg)

*36 total photos available on [listing page](https://www.propertysimple.com/listing/1135-s-water-street-wilmington-il-60481-12461788)*

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**MLS#:** 12461788 | **Updated:** 2026-06-19
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1135-s-water-street-wilmington-il-60481-12461788)

---

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