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      116-118 S Water Street, Wilmington, IL 60481
      NEW 26 hrs ago
      116-118 S Water Street, Wilmington, IL 60481
      $1,225,000
      13,068sqft
      acres
      Commercial Retail for Sale

      116-118 S Water Street, Wilmington, IL 60481

      Listing by: RE/MAX Ultimate Professionals
      1 - 1 of 1 results
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      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      116-118 S Water Street, Wilmington, IL 60481
      NEW 26 hrs ago
      $1,225,000
      13,068sqft
      acres

      116-118 S Water Street, Wilmington, IL 60481

      Commercial Retail for Sale by Daniel CondonRE/MAX Ultimate Professionals.

      Data checked -. Listing last updated 4 hours ago.
      1. Overview
      2. Details
      3. More 

      Prime Downtown Wilmington Mixed-Use Investment Opportunity-Turnkey, Leased and Exceptionally Versatile. Welcome to 116-118 S. Water Street, a professionally rehabbed mixed-use commercial property offering a rare combination of retail, bar, and office suites in the heart of downtown Wilmington. Thoughtfully renovated with designer-level finishes, this essentially new-construction building has been reimagined for flexibility, functionality, and long-term appeal. Featuring a blend of turnkey leased spaces, the property is well-suited for investors seeking income-producing real estate or owner-users looking for a dynamic business environment. All bathrooms are ADA compliant, and the property is zoned B-2A, allowing for a wide range of potential uses. Ideally positioned along the water in Wilmington's downtown corridor, the property offers a unique waterfront setting that enhances its appeal for retail, hospitality, office, or entertainment uses, while benefiting from excellent visibility, accessibility, and strong presence. This is an exceptional opportunity to add a quality mixed-use asset to your investment portfolio.

      Internet Serviceability
      Details
        Property type
      Commercial Sale
        Year built
      1914
        Heating
      -
        Cooling
      Central Air
        Garage
      No
        Parking spots
      -
      MRD12631492
      MLS ID
      Active
      Status
      04-28-2026
      On market date
        Pets allowed
      Lot features
      Monthly taxes
      $527
      Yearly taxes
      $6,321.6
      Schools
      -
      Maintenance
      -
      Additional Fees
      -
      Open Houses
      In-Person
      No upcoming in-person open houses
      Virtual
      No upcoming virtual open houses
      Contact Agent
      Listing By:
      Daniel Condon
      Daniel Condon
      Kayleigh Condon
      Kayleigh Condon
      Daniel Condon
      Daniel Condon
      Direct 
       
      Kayleigh Condon
      Kayleigh Condon
      Direct 
       
      Location
      just South of the intersection of E. Baltimore St
      For Sale Nearby
      No nearby homes are For Sale Nearby.
      Recently Sold
      No nearby homes have been Recently Sold.
      116-118 S Water Street, Wilmington, IL 60481, is a 13068 sqft. Retail built in 1914. This property is currently available for sale and was listed on Mainstreet REALTORS® on 4-28-2026. The MLS# for this Retail is MLS# MRD12631492.
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
      Copyright ©2026 Mainstreet REALTORS®