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$15
1,823
square ft

118 S Water Street
Wilmington, Illinois 60481

Rented / MLS #12383944 / Retail Store / Wilmington
Listing information updated 8/12/2025 at 7:43pm
Prime Downtown Wilmington Flex Space - Ideal for Bar, Restaurant, or Entertainment Venue! Welcome to 118 S. Water St, a professionally rehabbed commercial space designed for ultimate versatility. With a wide-open layout, bright interiors, and a neutral finish ready for tenant customization, this property offers endless possibilities. Whether you envision a lively bar, a trendy restaurant, or a dynamic entertainment venue, this space is built to accommodate your vision. Featuring two ADA-compliant bathrooms, a dedicated storage room, and an office space, the property is both functional and flexible. Rough-in plumbing is already in place for sinks or a full bar, streamlining the setup process. A standout feature is the large overhead door, which opens seamlessly to a spacious patio area, perfect for indoor-outdoor flow. Zoned B2-A, this prime location in the heart of downtown Wilmington provides high visibility and easy accessibility. Don't miss this exceptional opportunity to establish your business in one of the most sought-after spots in town-schedule a tour today!
Built:
1914
Cooling System:
Central Air
Stories:
1
Current Use:
Commercial, Medical/Dental
Business Use:
Retail
Zoning:
COMMR
# of Drive-In Doors:
1
Rentable Square Feet:
1,823
Security Deposit:
Pet Info:
Furnished:
No
Zip Code:
60481
City:
Wilmington
County:
Will

Listing Office: Century 21 Pride Realty

Listing Office Phone: 708.479.0021

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 8/12/2025 at 7:43pm. 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. Some listings have been excluded from this website.

$234,114
Average Sale Price
78
Average Days On The Market
96%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 118 S Water Street, Wilmington, IL 60481
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118 S Water Street, Wilmington, IL 60481 is a retail store which rented for $15. This retail store has been listed on @properties Christie's International Real Estate since June 4th, 2025 and was built in 1914.

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