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101 W South Street

Dwight, IL 60420
  • $800,000
  • STATUS: Active
  • ON SITE: 405 Days
  • MLS #: 10854851
UPDATED: 46 min ago
$800,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 21,156
    SQFT
  • $38
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1891
County:
Area:

School Ratings & Info

Description

Historic Grand Victorian mansion long home to a successful restaurant/banquet hall is ready for its new visionary. Built with great detail and craftsmanship dating back to 1891, this estate was listed on the National Register of Historic Places in 1980. With ownership of the past 40 years retiring, opportunity presents itself to reestablish as one of the county's premier wedding venue/bar/restaurants, or a number of other possibilities including an antique mall, car museum (located 1 mile from route 66), Air B&B, company retreat, etc. In addition to being so close to Route 66, being 2 doors down from the Dwight Amtrack provides easy access from the Chicagoland area. The main level features a 7,356 SF banquet room with space for 400 guests w/ adjoining bar, prep room, two ADA bathrooms. An additional 6,192 SF on the main floor include a large commercial kitchen, 4 dining rooms, full bar and lounge leading to outdoor patio with seating for social distancing and live entertainment. Outdoor weddings were popular on the 2.06 acre grounds with shaded seating & gazebo. The banquet hall backs up to the public 5 story Oughton Estate Windmill (a tourist draw from Rt 66 by itself) and park, which served as great photo backdrops at weddings & banquets. The second floor is 4000 SF and includes a small apartment, office, along with 11 sleeping rooms w/ 3 bathrooms once used as a boarding home. This space has potential for Air B&B, individual retail or antique suites, office space w/ conference rooms or an owner/caretaker live in arrangement. A large staircase leads up to the attic which could be finished similarly to the second floor or just serve as storage. The partially finished basement includes 2 more bathrooms and over 3000 SF more storage. This is an opportunity to bring your dream to life in a historic property that will grab the attention of your audience unlike any other.

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© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2021-10-22T00:00:08.497 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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101 W South Street Dwight, IL 60420

  • Price: $800,000
  • Status: Active
  • Updated: 46 min ago
  • MLS #: 10854851
0
Beds
0
Baths
0
½ Baths
N/A
Acres
21,156
SQFT
$38
$/SQFT
1891
Built
Neighborhood:
Dwight
County:
Livingston
Area:
Dwight
Property Description
Historic Grand Victorian mansion long home to a successful restaurant/banquet hall is ready for its new visionary. Built with great detail and craftsmanship dating back to 1891, this estate was listed on the National Register of Historic Places in 1980. With ownership of the past 40 years retiring, opportunity presents itself to reestablish as one of the county's premier wedding venue/bar/restaurants, or a number of other possibilities including an antique mall, car museum (located 1 mile from route 66), Air B&B, company retreat, etc. In addition to being so close to Route 66, being 2 doors down from the Dwight Amtrack provides easy access from the Chicagoland area. The main level features a 7,356 SF banquet room with space for 400 guests w/ adjoining bar, prep room, two ADA bathrooms. An additional 6,192 SF on the main floor include a large commercial kitchen, 4 dining rooms, full bar and lounge leading to outdoor patio with seating for social distancing and live entertainment. Outdoor weddings were popular on the 2.06 acre grounds with shaded seating & gazebo. The banquet hall backs up to the public 5 story Oughton Estate Windmill (a tourist draw from Rt 66 by itself) and park, which served as great photo backdrops at weddings & banquets. The second floor is 4000 SF and includes a small apartment, office, along with 11 sleeping rooms w/ 3 bathrooms once used as a boarding home. This space has potential for Air B&B, individual retail or antique suites, office space w/ conference rooms or an owner/caretaker live in arrangement. A large staircase leads up to the attic which could be finished similarly to the second floor or just serve as storage. The partially finished basement includes 2 more bathrooms and over 3000 SF more storage. This is an opportunity to bring your dream to life in a historic property that will grab the attention of your audience unlike any other.
Exterior Features

Docks Service Entrance Exterior Building Type Frame Foundation Details BlockStone Frontage Type City Street Outdoor Parking 31-50 Spaces Parking Total 50 Roof Composition Roof Structure FlatGableHip

Interior Features

Cooling Central AirZoned Flooring CarpetVaries Heat Ventilation Central Bldg HeatForced AirGas Miscellaneous Inside Handicapped AccessStorage InsideBasement Number Of TLDocks 0

Property Features

Additional Parcels YN No Building Area Total 21156 Current Use Commercial Electric Circuit Breakers Fire Protection Fire Extinguisher/S Leasable Area 21156 Location Central Business DistrictPark AdjacentPublic Transport Avail Net Operating Income 0 Property Offered For Sale Only Tax Annual Amount 14724 Tax Year 2019 Tenant Pays Varies By Tenant Township Round Grove Type Retail/Stores Zoning Commr

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of John Greene, Realtor.


© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2021-10-22T00:00:08.497 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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