542 S Water Street
Wilmington, IL 60481

Status: Active
Single Family
4 beds
3 baths
2,600 sq.ft
Listing Price: $329,900
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About this home

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

Property / Lot Details
Acreage 1
Lot Dimensions 43858
Lot Description River Front
Lot Size 1.0-1.99 Acres
Main Sq Ft 1400
Other Structures Shed(s)
Ownership Fee Simple
Style of House Cape Cod
Total Finished/Unfinshed Sq Ft 3600
Total Sq Ft 2600
Type Detached 2 Stories
Property Type Detached Single
Upper Sq Ft 1200
Interior Features
Additional Rooms Workshop, Kitchen, Storage
Appliances Range, Dishwasher, Refrigerator, Washer, Dryer
Aprox. Total Finished Sq Ft 3600
Square Feet 2,600
Square Feet Source Estimated
Basement Description Finished
Basement Bathrooms Yes
Basement Partial
Bedrooms Count 4
Bedrooms Possible 4
Basement Sq Ft 1000
Dining Separate
Disability Access and/or Equipped No
BelowGradeFinishedArea 1000
Fireplace Location Family Room, Basement
Fireplace Count 1
Fireplace Details Wood Burning
Baths FULL Count 3
Baths Count 3
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
Total Rooms 10
Rooms
room 1
Type Work Room
Level Basement
Dimensions 26X15
room 2
Type Kitchen- 2nd
Level Basement
Dimensions 9X12
room 3
Type Storage
Level Basement
Dimensions 11X9
room 4
Level N/A
room 5
Level N/A
room 6
Level N/A
room 7
Level N/A
room 8
Level N/A
room 9
Level N/A
room 10
Level N/A
room 11
Type Bedroom 2
Level Main
Dimensions 11X12
room 12
Type Bedroom 3
Level Second
Dimensions 13X12
room 13
Type Bedroom 4
Level Second
Dimensions 16X12
room 14
Type Dining Room
Level Main
Dimensions 12X21
Flooring Hardwood
room 15
Type Family Room
Level Basement
Dimensions 19X25
Flooring Carpet
room 16
Type Kitchen
Level Main
Dimensions 21X13
Flooring Vinyl
Type Eating Area-Table Space, Pantry-Closet
room 17
Type Laundry
Level Basement
Dimensions 9X12
room 18
Type Living Room
Level Main
Dimensions 21X14
Flooring Hardwood
room 19
Type Master Bedroom
Level Main
Dimensions 12X14
Flooring Carpet
Bath None
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 61-70 Years
Parking Total 2
Driveway Concrete
Exposure East
Exterior Building Type Cedar
Exterior Property Features Patio ,Workshop
Foundation Concrete Perimeter
Parking Features Off Street
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
Roof Type Slate
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Air Conditioning Window/Wall Units - 3+
CommunityFeatures Sidewalks, Street Lights, Street Paved
Area Major Wilmington
Corporate Limits Wilmington
Directions Route 53 to Route 102/Water St South
Elementary Sch Dist 209U
Heat/Fuel Natural Gas, Electric, Baseboard, Radiant
High Sch Dist 209U
Sewer Public Sewer
Water Public
Jr High/Middle Dist 209U
Township Wilmington
Waterfront Yes

Financials

Investment Profile Residential

Tax/Assessments/Liens

Frequency Not Applicable
Assessment Includes None
Master Association Fee Frequency Not Required
PIN 0317361110080000
Special Assessments N
Taxes $5,630
Tax Exemptions Homeowner, Senior, Disabled Person
Tax Year 2022
$329,900 Listing Price:
MLS # 11994612
Investment Profile Residential
Listing Market Time 64 days
Basement Partial
Type Detached 2 Stories
Parking Space/s
List Date 03/02/2024
Year Built
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