542 South Water Street

Wilmington, IL 60481

$329,900
Price
4
Beds
3
Baths
2,600 Sq. Ft.
$127 / Sq. Ft.
2,600
Sq. Ft.
$127
per Sq. Ft.

Description

Great airbnb potential! Nestled in a tranquil setting, this sturdy yet customizable home awaits your personal touch. Offering 4 bedrooms and 3 bathrooms, this Cape Cod residence boasts 1 1/4 acres of land with captivating river views and a custom-built boat dock. Enjoy leisurely moments on the covered back patio or entertain in the finished basement equipped with a bar and fireplace, as well as a second kitchen. Ample storage options, including a workshop and attic, cater to your organizational needs....Great airbnb potential! Nestled in a tranquil setting, this sturdy yet customizable home awaits your personal touch. Offering 4 bedrooms and 3 bathrooms, this Cape Cod residence boasts 1 1/4 acres of land with captivating river views and a custom-built boat dock. Enjoy leisurely moments on the covered back patio or entertain in the finished basement equipped with a bar and fireplace, as well as a second kitchen. Ample storage options, including a workshop and attic, cater to your organizational needs. The first floor spans an estimated 1400 square feet, the second floor approximately 1200 square feet, and the finished basement around 1000 square feet, totaling an estimated 3600 square feet of living space. Enhance your outdoor experience with a 16'x32' semi in-ground pool (requiring some attention). Adding to its appeal, a brand-new roof, installed in December 2023 with a complete tear-off and reshingle, ensures peace of mind. Embrace the potential of this riverside retreat, offering both serenity and opportunity.

Property Details for 542 South Water Street

Area
Wilmington
Township
Wilmington
Ownership
Fee Simple
Num Of Parking Spaces
2.0
Parking Included in Price
Yes
Num of Interior Fireplaces
1
Heat/Fuel
Natural Gas, Electric, Baseboard, Radiant
Architectural Style
Cape Cod

Location

Listing Courtesy of RE/MAX Executives
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LISTING UPDATED: 04/27/2024 07:41 PM

Property Details for 542 South Water Street

StatusActive
MLS #11994612
Days on Market60
Taxes$5,630 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeDetached Single / 2 Stories
Year Built-
Lot Size1.00 AC / 43,560 SF
CountyWill County

Location

Listing Courtesy of RE/MAX Executives
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Building Information for 542 South Water Street

Stories-Year Built-Building Size-Lot Size1.00 AC / 43,560 SF

Payment Calculator

$2,270 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,800

Property Taxes

$469

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 542 South Water Street

General Information
School Information
  • Elementary School District: 209U
  • High School District: 209U
  • Middle Or Junior School District: 209U
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Off Street
  • Parking On Site: true
  • Parking Ownership: Owned
  • Open Parking Spaces: 2.0
Taxes and HOA Information
  • Association Fee Frequency: Not Applicable
  • Additional Parcels: No
Property Information
Interior Features
  • Interior Property Features: Bar-Dry, Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Walk-In Closet(s), Beamed Ceilings, Some Carpeting, Some Wood Floors, Cocktail Lounge
  • Num Of Rooms: 10
  • Bedrooms (Below Grade): 0
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Fireplace Features: Wood Burning
  • Basement Type: Partial
  • Bedrooms Possible: 4
  • Air Conditioning: Window/Wall Units - 3+
  • Basement Description: Finished
  • Basement Sq Ft: 1000
  • Dining Room: Separate
  • Basement Bathrooms: Yes
  • Fireplace Location: Family Room,Basement
  • Room Type: Workshop, Kitchen, Storage
  • Num of Baths: 3.0
Exterior Features
  • Type: 2 Stories
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Property/Lot Information
  • Exterior Property Features: Patio, Workshop
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 61-70 Years
  • Type Detached: 2 Stories
  • Total Sq Ft: 2600
  • Aprox Total Finished Sq Ft: 3600
  • Total Finished and Unfin Sq Ft: 3600
  • Main Sq Ft: 1400
  • Upper Sq Ft: 1200
  • Lot Description: River Front
  • Lot Size: 1.0-1.99 Acres
  • Lot Dimensions: 43858
  • Other Structures: Shed(s)
  • Waterfront: Yes
  • Disability Access and/or Equipped: No
  • Driveway: Concrete
  • Exterior Building Type: Cedar
  • Roof Type: Slate
  • Foundation Details: Concrete Perimeter
  • General Information: None
  • Below Grade Finished Area: 1000.0
  • Living Area Source: Estimated
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 40
  • Rural: N
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Main
  • Room Type: Master Bedroom
  • Master Bedroom Bath: None
  • Master Bedroom Dimensions: 12X14
Bedroom #2 Information
  • 2nd Bedroom Level: Main
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 11X12
Bedroom #3 Information
  • 3rd Bedroom Level: Second
  • Room Type: Bedroom 3
  • Bedroom #3 Room Dimensions: 13X12
Bedroom #4 Information
  • 4th Bedroom Level: Second
  • Room Type: Bedroom 4
  • Bedroom #4 Room Dimensions: 16X12
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Dimensions: 12X21
Family Room Information
  • Family Room Level: Basement
  • RoomType_FR: Family Room
  • Family Room Dimensions: 19X25
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 21X13
Laundry Information
  • Laundry Level: Basement
  • Room Type: Laundry
  • Laundry Dimensions: 9X12
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 21X14
Storage Room 1 Information
  • Room Level: Basement
  • Room Type: Storage
  • Deck Dimensions: 11X9
Work Room Information
  • Room Level: Basement
  • Room Type: Work Room
  • Deck Dimensions: 26X15
Kitchen- 2nd Information
  • Room Level: Basement
  • Room Type: Kitchen- 2nd
  • Deck Dimensions: 9X12

Property History for 542 South Water Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 542 South Water Street

Taxable ValueLand$30,155Additions$55,733Total$85,888
Tax Record2022$5,631 ($469 / month)
Home Facts
Beds0Lot Size43,996 SqFtStyleSingle Family ResidenceCountyWILLAPN03-17-36-111-008

Schools near 542 South Water Street

This home is within Wilmington Community Unit School District 209u.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 2 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Bruning Elementary School
PublicPK to 1

L J Stevens Intermediate School
Public2 to 5

Wilmington Middle School
Public6 to 8

Wilmington High School
Public9 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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542 South Water Street is a single family home for sale in Wilmington, IL 60481. This property was listed for sale on March 2, 2024 by RE/MAX Executives, it's currently listed at $329,900. This listing's school district is Wilmington Community Unit School District 209u. Nearby schools include Bruning Elementary School, L J Stevens Intermediate School and Wilmington Middle School. 542 South Water Street is a 4-bed, 3-bath, 2,600 sqft single family home.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RE/MAX Executives

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.