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$1,490,000
13 Days On Site

101 Watters Drive
Dwight, IL 60420

For Sale|Retail|Active
0
Beds
0
Total Baths
17,500
SqFt
$85
/SqFt
1993
Built
County:
Livingston
Listing Courtesy of MRED as distributed by MLS Grid of WEB VIDEO Realty

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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

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Listing Snapshot
Price 
$1,490,000
Days On Site 
13 Days
Bedrooms 
N/A
Inside Area (SqFt) 
17,500 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1993
MLS® Number 
12501953
Status 
Active
Property Tax 
$34,558.9
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a week agoStatus changed to Active
2 weeks agoListing first seen on site
General Features
Additional Property Use 
CommercialAutomotive
Number Of Stories 
1
Property Sub Type 
Retail
SqFt Total 
17500
Zoning 
COMMR
Interior Features
Cooling 
Central Air
Flooring 
CarpetConcrete
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Community Features
MLS Area 
Dwight
Township 
Dwight
Listing Courtesy of MRED as distributed by MLS Grid of WEB VIDEO Realty



Based on information submitted to the MLS GRID as of 2025-11-05 07:40 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Last checked: 2025-11-05 07:40 PM UTC
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