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$327,400   Price Analysis
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542 S Water St
Wilmington, IL 60481
4 bed 3 bath 2,600 SqFt ($125/SqFt)
1.0 acre lot.
Listed 2024-03-02, Taxes $5,294
USDA Eligible
near Wilmington, IL
 Restrictions may apply
due to home size

GREAT AIRBNB POTENTIAL!!!

Nestled in a tranquil setting, this sturdy yet customizable home awaits your personal touch. Offering 4 bedrooms and 3 bathrooms, this C ap 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.


Presented by Sarah Eenigenburg at
RE MAX Executives.
Listing Agent Photo

Property MLS #11994612 from MRED

Bedrooms: 4
Bedrooms Possible: 4
Primary Bedroom Dimensions: 12 x 14
Bedroom 2 Dimensions: 11 x 12
Bedroom 3 Dimensions: 13 x 12
Bedroom 4 Dimensions: 16 x 12
Primary Bedroom Level: Main
Bedroom 2 Level: Main
Bedroom 3 Level: Second
Bedroom 4 Level: Second

Total Rooms: 10
Workshop, Kitchen, Storage
Work Room: 26 x 15
Work Room Level: Basement
Storage: 11 x 9
Storage Level: Basement
Kitchen: 21 x 13
Kitchen Level: Main
Laundry: 9 x 12
Laundry Level: Basement
Basement Features: Partial
Family Room Dimensions: 19 x 25
Living Room Dimensions: 21 x 14
Basement Sqft: 1000
Family Room Level: Basement
Living Room Level: Main
Basement Description: Finished

Total Bathrooms: 3
Full Bathrooms: 3

Bar-Dry
Hardwood Floors
First Floor Bedroom
First Floor Full Bath
Walk-In Closet(s)
Beamed Ceilings
Some Carpeting
Some Wood Floors
Cocktail Lounge

Range
Dishwasher
Refrigerator
Washer
Dryer

Cooling Features: Window/Wall Units - 3+
Fireplace Features: Wood Burning
Heating Features: Natural Gas, Electric, Baseboard, Radiant
Number of Fireplaces: 1

Dining Area Dimensions: 12 x 21
Dining Area Level: Main
Kitchen Dimensions: 9 x 12
Kitchen Level: Basement

Patio
Workshop
Other Structures: Shed(s)

Lot Description: River Front
Lot Size Acres: 1.0
Lot Size Square Feet: 43560

Driveway: Concrete
Parking Features: Off Street
Parking Total: 2

High School District: 209U

Wilmington Middle School is a public middle school located approximately 0.3 miles away.
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L J Stevens Intermediate School is a public elementary school located approximately 0.3 miles away.
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Wilmington High School is a public high school located approximately 0.7 miles away.
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St Rose School is a private elementary and middle school located approximately 0.2 miles away.
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Community Features: Sidewalks, Street Lights, Street Paved

Annual Tax Amount: 5630.00
Source Listing Status: Active
County: Will
Directions: Route 53 to Route 102/Water St South
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential
Parcel Number: 0317361110080000
Township: Wilmington
Property Subtype: Detached Single
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$52,014 + $28,143
$80,157
$5,294
2020$50,647 + $27,403
$78,050
$5,234
2019$49,649 + $26,863
$76,512
$5,120
2018$48,519 + $26,251
$74,770
$5,169
2017$45,324 + $24,522
$69,846
$5,224
2016$41,639 + $22,528
$64,167
$4,738
2015$40,643 + $21,989
$62,632
$4,768
2014$41,054 + $22,211
$63,265
$4,820
2013$43,749 + $23,669
$67,418
$4,901
2012$46,173 + $24,981
$71,154
$4,873
2011$48,938 + $26,477
$75,415
$4,721
2010$50,977 + $27,580
$78,557
$4,735
2009$50,977 + $27,580
$78,557
$4,629
2008$50,977 + $27,580
$78,557
$4,481
2007$47,866 + $25,897
$73,763
$4,113
2006$44,320 + $23,979
$68,299
$4,148

Price Changed 2024-05-08
$327,400
MRED
Listed 2024-03-02
$329,900
MRED
Listing removed 2024-02-23
$329,900
MRED
Relisted 2024-01-22
$329,900
MRED
Listing removed 2024-01-16
$329,900
MRED
Price Changed 2023-10-24
$329,900
MRED
Price Changed 2023-09-25
$339,900
MRED
Price Changed 2023-09-07
$345,000
MRED
Listed 2023-08-10
$350,000
MRED
Sold 1983-11-01
$93,000
Public Record

Total Square Feet Living: 2600
Foundation Details: Concrete Perimeter
Roof: Slate
Levels or Stories: 2
Architectural Style: Cape Cod

Sewer: Public Sewer
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.