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Listing provided courtesy of Joan Bullard Realty, Inc.MREDas Distributed by MLSGrid- MLS# 12401818MLS Provider

118 E Main StreetDwight, IL 60420

Commercial · 4,200 Sq. ft.
$250,000 Active

118 E Main Street Overview

Time on Site:
367 days
Visits:
3

ENDLESS OPPORTUNITIES with this 4,200 square foot building on Historic Downtown Main St in Dwight! Hood range and walk-in cooler (new motor 2025). Main level offers large open space with separate kitchen area. New tile on floors and walls, bar redone! 2 bathrooms. This space offers everything you would want for a new restaurant! 2 AC and furnace for main floor and basement. Rental income with two 2 bedroom, 1 bath apartments upstairs, with tall ceilings. Each unit has their own furnace, and window ac. Main area, new tile 2025, offers coin washer and dryer that will stay. 2 separate entrances to basement and upstairs. New tile in hallway of common area upstairs. Elevator. Full basement with 2 bathrooms, and old bar. Fire equipment up to date throughout. Don't let this great opportunity pass you by! Restaurant area now leased for $1,200/month with a month to month contract.

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118 E Main Street Facts & Features

  • Type Commercial
  • Sq. ft. 4,200
  • Price/Sq.ft. $60

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 1300
  • Existing Lease Type: N/A
  • Fuel Expense: 300
  • Gross Income: 2500
  • Gross Scheduled Income: 30000
  • Insurance Expense: 450
  • Trash Expense: 150
  • Water Sewer Expense: 150

Building Information

  • Year Built: 1916

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Livingston
  • MLS Area Major: Dwight
  • Township: Dwight

Tax Information

  • Tax Annual Amount: $6,146.96
  • Tax Year: 2024

General Information

  • Parcel Number: 050509206017
  • Possible Use: Retail
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 4200

General Information

  • Cooling: Central Air, Window Unit(s)
  • Electric: Service - 201 to 600 Amps
  • Flooring: Carpet, Tile, Other
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 30X150
  • Lot Size Square Feet: 4500

General Information

  • Number Of Units Total: 4

118 E Main Street Neighborhood

Community

60420 (Dwight) Demographics

38
Median Age
47
Population Density (per sq. mile)
25%
College Educated
$60,417
Estimated Median Income
1,296
Estimated Total Home Owners
518
Estimated Total Renters
71% / 29%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

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.

118 E Main Street Monthly Cost

$
$ %
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$
$
Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

118 E Main Street Market Data

Based on the last 30 days in this zip code

$269,518
Average List Price
$133
Average Price per Square Foot
5
Properties Sold
38
Average Days on Market
11
Properties for Sale
Calculations provided by Reliance Network

118 E Main Street History

Date Event Value Agent
7/31/2025Source: MRED Status Change
Active
7/31/2025Source: MRED Status Change
Price Change
7/31/2025Source: MRED Status Change
Active
7/31/2025Source: MRED Price Reduction
$250,000 -16.6%
6/27/2025Source: MRED Added to Database
June 27, 2025