Commercial Property with Income Potential in Dwight, IL

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 Equipment to Stay

Walk-in Cooler
Hood System

Restaurant Measurements
Dining Area: 62’1 x 28’7 Tile
Kitchen: 65’4 x 22’10 Tile
Women’s Bathroom: 9’1 x 9’11 Tile
Men’s Bathroom: 9’1 x 9’11 Tile
Storage Room: 9’7 x 22’10 Linoleum
Storage Room: 41’10 x 4’7 Tile
 
 
Apartment 1 – $850/month
2-bedroom, 1 bathroom
Stove, refrigerator, microwave and dishwasher stay
Large closet in Master, shelves will stay
Kitchen: 10’1 x 9’8 Tile
Living Room/Dining Room: 29’10 x 14’8 Hardwood
Master Bedroom: 13’7 x 13’7 Carpet
Bedroom: 10’5 x 14’8 Hardwood
Bathroom: 8’5 x 8’9 Tile

Apartment 2 – $850/month
2-bedroom, 1 bathroom
Stove, refrigerator stay
Living Room: 14’5 x 20’1 Tile
Kitchen: 14’9 x 8’11 Vinyl
Master Bedroom: 13’4 x 12 Tile
Bedroom: 13’4 x 11 Tile
Bathroom: 9’10 x 7’7 Vinyl
 
Apartment 3 – $800/month
Stove, refrigerator, microwave
New tile floors
Living Room: 11 x 15’11 Tile
Kitchen: 9’5 x 9’6 Tile
Bedroom: 14’3 x 15’5 Carpet
Bedroom: 14’11 x 7’11 Carpet
Bathroom: 9’5 x 8’1 Tile
 
Currently, the seller pays for water, trash, and gas and the tenants split the ComEd bill evenly between them. Coin washer and dryer in main area of apartments will stay, according to seller, they bring approximately $400/month income.  2 storage closets in main area of apartments as well.


This downtown Dwight, IL commercial property offers exceptional opportunity with 4,200 square feet of usable space and multiple income streams already in place.

The main floor is designed for restaurant use and includes updated flooring, bar area, kitchen space, hood system, walk-in cooler, and full restaurant infrastructure. Equipment remains with the property, making this a turnkey opportunity.

Above the commercial space are three apartments generating rental income, each with separate utilities and functional layouts. Additional income is generated through on-site coin laundry.

With a strong downtown location and flexible mixed-use design, this Dwight IL property is ideal for investors or business owners looking to expand.