Great investment opportunity in the heart of Waterman! Own a piece of local history with this mixed-use building located right on Route 30 in the center of downtown. The property features three upstairs apartments-two of which are currently rented, with one vacant-plus a street-level apartment that is also vacant. In addition, there are two storefront commercial spaces, one currently leased and the other available, offering excellent potential for rental income or owner-occupancy. Whether you're an investor looking to expand your portfolio or a buyer hoping to live and work in the same space, this property provides versatility, visibility, and value. Don't miss this unique opportunity in a prime location!
Unique property! This pole type building 56 X 40 was built in 2001. The building host two business there. The building has temporary walls so it could be reconfigured for whatever your needs are. The building has 2 bathrooms and is plumbed on one side with a floor drain. Furnace and a hanging heater, water heater, and central air. The east side in currently rented to a business. The west side will be vacant with the sale of the property. Now for the other part of this investment property is 8 mobile homes. 7 are owned by the owners of this property and one is privately owned. Starting on the west side of the building is Mobile #1- 2 bed 1 bath, #2- 3 bed 1 bath with an addition of a family room #3- 2 bed 1 bath # 4- 4 bed 1 bath addition is a family room #5- is privately owned #6- is a 2 bed 1 bath #7- 2 bed 1 bath #8- 2 bed 2 bath all have washers & dryers except #2. See rental amounts in Additional information. Great location on busy highway! Potential for your business with income from the rentals.

Waterman is located in Illinois. Waterman, Illinois has a population of 1,602. Waterman is more family-centric than the surrounding county with 44.64% of the households containing married families with children. The county average for households married with children is 31.37%.
The median household income in Waterman, Illinois is $88,047. The median household income for the surrounding county is $64,019 compared to the national median of $69,021. The median age of people living in Waterman is 36.1 years.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 12 degrees. The average rainfall is approximately 36.9 inches per year, with 30.8 inches of snow per year.