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116-118 S Water St 5,243 SF 100% Leased Retail Building Wilmington, IL 60481 $1,675,604 CAD ($319.59 CAD/SF) 6.94% Cap Rate
Investment Highlights
- Downtown Wilmington Waterfront
- Fully Leased
Executive Summary
Data Room Click Here to Access
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Enjoy this newly renovated commercial space offering two luxury office/salon/medical offices in the heart of downtown Wilmington. Featuring a high end upscale feel with full kitchen, break room common area & washer and dryer room. Each office features rough in plumbing allow for personal customization. High traffic count Water St location guarantees excellent visibility. Make an appointment to view today! Quick possession possible!
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1 SF | Retail | - | Now |
1st Floor
| Size |
| 1 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 1 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Enjoy this newly renovated commercial space offering two luxury office/salon/medical offices in the heart of downtown Wilmington. Featuring a high end upscale feel with full kitchen, break room common area & washer and dryer room. Each office features rough in plumbing allow for personal customization. High traffic count Water St location guarantees excellent visibility. Make an appointment to view today! Quick possession possible!
Nearby Major Retailers
Property Taxes
| Parcel Number | 03-17-25-314-011 | Total Assessment | $114,204 CAD (2024) |
| Land Assessment | $40,866 CAD (2024) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $73,338 CAD (2024) | Tax Year | 2025 |
Property Taxes
Presented by
116-118 S Water St
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