118 E Main St

$250,000
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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 for one year.
  1. Listed by Kasey Strachan • Joan Bullard Realty, Inc.
    P: (815)-252-1602 C: (815)-252-1602 kasey@joanbullardrealty.com
  2. Listed by Joan Bullard • Joan Bullard Realty, Inc.
    P: (815)-878-0224 C: (815)-878-0224 joan@joanbullardrealty.com

Property Details for 118 East Main Street

Area
Dwight
Township
Dwight
Air Conditioning Type
Central Air, Window Unit(s)
Zoning
COMMR
LISTING UPDATED: 12/19/2025 02:03 AM

Property Details for 118 East Main Street

StatusActive
MLS #12401818
Days on Market188
Taxes$6,147 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1916
Lot Size0.10 AC / 4,500 SF
CountyLivingston County

Location

Listing Courtesy of Joan Bullard Realty, Inc.
Add your commute

Building Information for 118 East Main Street

Stories2Residences4Year Built1916Lot Size0.10 AC / 4,500 SF

Payment Calculator

$1,748 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,235

Property Taxes

$512

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 118 East Main Street

General Information
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Central Illinois
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air, Window Unit(s)
  • Electric: Service - 201 to 600 Amps
  • Flooring: Carpet, Tile, Other
  • # Of Washers: 1
  • Grid: 80
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air
  • # Of Window/Ac: 5
  • Washer/Dryer Lsd: No
  • Misc Inside: Public Restroom/s,Storage Inside
  • # Of Dryers: 1
  • # Of Dishwashers: 1
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 3
Property/Lot Information
  • Owners Association: No
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 30X150
  • Lot Size Square Feet: 4500.0
  • Stories: 2
  • Fire Protection: Alarm On Site,Fire Extinguisher/s
  • Building Area Total: 4200
  • # Of Offices: 0
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Retail
  • Public Document Count: 1
  • Document Date: 2025-09-29T16:23:30
  • Photos Count: 77
Miscellaneous
  • Current Use: Commercial
  • Location: Central Business District
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Income & Expenses
  • Electric Expense: $1,300.00
  • Fuel Expense: $300.00
  • Gross Income: $2,500.00
  • Gross Scheduled Income: $30,000.00
  • Insurance Expense: $450.00
  • Electric Expense Source: Owner Projection
  • Fuel Expense Source: Owner Projection
  • Insurance Expense Source: Owner Projection
  • Other Expense Source: Actual
  • Trash Expense Source: Owner Projection
  • Total Monthly Income: 2500
  • Water Expense Source: Owner Projection
  • Other Expense: $.00
  • Trash Expense: $150.00
  • Water Sewer Expense: $150.00

Property History for 118 East Main Street

DateEvent & SourcePriceAppreciation
Jul 20, 2025

Price Change

MRED #12401818

$250,000
Jun 27, 2025

Listed (Active)

MRED #12401818

$299,900
Jun 23, 2025

Listed (Active)

MRED #12401818

$299,900
May 14, 2022

Sold (Public Record)

Public Record #1491697121

$165,000
May 26, 2021

Sold (Public Record)

Public Record #1462641973

$165,000
Sep 30, 2020

Expired

MRED #10729039

$150,000
May 29, 2020

Listed (Active)

MRED #10729039

$150,000
DateEvent & SourcePrice
07/20/2025

Price Change

MRED #12401818

$250,000
06/27/2025

Listed (Active)

MRED #12401818

$299,900
06/23/2025

Listed (Active)

MRED #12401818

$299,900
05/14/2022

Sold (Public Record)

Public Record #1491697121

$165,000
05/26/2021

Sold (Public Record)

Public Record #1462641973

$165,000
09/30/2020

Expired

MRED #10729039

$150,000
05/29/2020

Listed (Active)

MRED #10729039

$150,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 118 East Main Street

Taxable ValueLand$11,715Additions$55,294Total$67,009
Tax Record2024$6,147 ($512 / month)
Home Facts
Lot Size4,356 SqFtStyleMiscellaneous CommercialCountyLIVINGSTONAPN05-05-09-206-017

Schools near 118 East Main Street

This home is within Dwight Twp Hsd 230 School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Private - 1 to 12
Rating
School
Distance
Dwight Common School
PublicPK to 8

Dwight High School
Public9 to 12

Dwight Baptist Academy
Private1 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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118 East Main Street is a mixed use property for sale in Dwight, IL 60420. This property was listed for sale on June 23, 2025 by Joan Bullard Realty, Inc., it's currently listed at $250,000. It has been on the market for a total of 188 days and was last sold on May 14, 2022. This listing's school districts are Dwight Twp Hsd 230 School District, Dwight Common School District 232. Nearby schools include Dwight Common School, Dwight High School and Dwight Baptist Academy. 118 East Main Street is a 0-bed, 0-bath, mixed use property built in 1916.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Joan Bullard Realty, Inc.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/19/2025 02:03 AM. 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.