101 Watters Drive — Dwight, IL 60420
Active
Dwight, IL 60420

101 Watters Drive

$1,990,000
0 beds · 0 baths
Listed at $1,490,000 205 days on market $34,559/yr taxes
01About this home

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

03By the numbers
$1,990,000
List price
Square feet
Bedrooms
Bathrooms
1993
Year built
Lot size
Garage spaces
$34,559
Annual taxes
Retail/Stores
Style
205
Days on market
04Features
Cooling
Central Air
05Neighborhood
  • That 50's Place 450 ft
  • Route 66 Family Restaurant 850 ft
  • DQ Grill & Chill 0.3 mi
  • Berkot's Super Foods 0.3 mi
  • Florence W. Garrett Park 0.7 mi
  • Renfrew Park 0.9 mi
  • Nothing surfaced nearby in our maps data.
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

Oct 22, 2025
Listed for saleThis listing
WEB VIDEO Realty
$1,490,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

Real answers about this home — pricing, schools, what to ask, anything.

08See it for yourself

Stand in the kitchen.
See the light at 4pm.

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Connect with Ewelina, Sonia, or Anna — real people on our team, no call centers.
Listed by WEB VIDEO Realty · Michael O'Donnell
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12501953
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