


101 Watters DriveDwight, IL 60420
Commercial · 17,500 Sq. ft.101 Watters Drive Overview
- Time on Site:
- 250 days
- Visits:
- 3
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
101 Watters Drive Facts & Features
- Type Commercial
- Sq. ft. 17,500
- Price/Sq.ft. $114
Details
General
Association/HOA
- Association Fee Frequency: Not Applicable
Income/Expenses
- Gross Income: 0
- Gross Scheduled Income: 0
- Net Operating Income: 0
- Operating Expense: 0
Building Information
- Year Built: 1993
Business Information
- Business Type: Retail
- Current Use: Commercial,Automotive
Location/Region
- County Or Parish: Livingston
- MLS Area Major: Dwight
- Township: Dwight
Rent/Lease Information
- Tenant Pays: Other
Tax Information
- Tax Annual Amount: $34,558.90
- Tax Year: 2023
General Information
- Parcel Number: 050508226009
- Property Type: Commercial Sale
- Zoning: COMMR
Interior
Building Interior
- Building Area Total: 17500
General Information
- Cooling: Central Air
- Electric: Service - 201 to 600 Amps
- Flooring: Carpet, Concrete
- Leasable Area: 0
- Stories: 1
Unit Information
- Unit SqFt.: 17500
Exterior
Lot Information
- Additional Parcels: No
- Lot Size Dimensions: 5 ACRES
- Lot Size Square Feet: 217800
General Information
- Number Of Units Total: 1
101 Watters Drive Neighborhood
Community
60420 (DWIGHT) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.101 Watters Drive Monthly Cost
101 Watters Drive Market Data
Based on the last 30 days in this zip code
101 Watters Drive History
| Date | Value | Agent |
|---|---|---|
| 5/13/2026Source: MRED | Active |
|
| 5/8/2026Source: MRED | $1,990,000 33.6% |
|
| 5/8/2026Source: MRED | Price Change |
|
| 10/27/2025Source: MRED | Active |
|
| 10/22/2025Source: MRED | October 22, 2025 |

