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542 S Water St, Wilmington, IL, 60481

$329,900

Home List Price

$3,918*

Closing Credit

4 Bedrooms
3 Full Baths
2,600 SqFt
$127/SqFt
House
Schools Nearby

Location

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542 S Water St, Wilmington$329,900

Buyer Closing Credits

$3,918*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
HeatingNatural Gas, Electric, Baseboard, Radiant
BasementYes
WaterfrontRiver Front
FireplaceWood Burning
MLS #11994612
Lot Size1.00 Acres
StatusActive

About 542 S Water St

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 Features

Property Information:

  • Architectural Style: Cape Cod
  • Living Area: 2,600 SqFt

Listing Office:

  • Office Name: RE/MAX Executives
  • Office Phone: (219) 987-2230
  • Listing Agent: Sarah Eenigenburg

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Interior: Bar-Dry, Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Walk-In Closet(s), Beamed Ceilings, Some Carpeting, Some Wood Floors, Cocktail Lounge
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: River Front
  • Exterior: Patio, Workshop

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Waterfront
  • Lot Size: 1.00 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Electric, Baseboard, Radiant

School Info

Assigned Schools Information:

  • Wilmington High School, Public District Grades 9-12
  • Wilmington Middle School, Public District Grades 6-8
  • L J Stevens Intermediate School, Public District Grades 2-5

Other

Directions Information:

  • Directions: Route 53 to Route 102/Water St South

Price Information

Listing Price Info

Price Summary:

  • List Price: $329,900
  • Price Per SqFt: $127/SqFt

Tax Information:

  • Annual Amount: $5,120
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Wilmington, IL.

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Wilmington, IL

City

Med. Sold Price

$180K

Med. Price/SqFt

$163

Avg. Days On Market

39

# of Sold Homes

14

542 S Water St vs Wilmington

56 DAYS ON ROCKET

+17 Days

$329,900

+$149.9K More

$127/SqFt

-$37 Less

KEY TAKEAWAY

This property is $149.9K more than the Median Sold Price and $37/SqFt less than other homes in Wilmington, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #11994612

Listing Office:

  • Office Name: RE/MAX Executives
  • Office Phone: (219) 987-2230
  • Listing Agent: Sarah Eenigenburg

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

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. 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is 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. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 2:15:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2019$5,120$76,512
2018$5,169$74,770
2017$5,225$69,846

History based on county public records data.

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2330000
8
/10

  • L J Stevens Intermediate School

  • 221 Ryan St

  • 0.25 miles

  • Public District Grades 2-5

Middle School

school-card-donut-2330001
8
/10

  • Wilmington Middle School

  • 715 S Joliet St

  • 0.25 miles

  • Public District Grades 6-8

High School

school-card-donut-2330002
7
/10

  • Wilmington High School

  • 209 Wildcat Ct

  • 0.74 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,000. Residents of Wilmington, IL typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 542 S Water St

What is the listing price of this property?

The listing price of 542 S Water St property is $329,900.

What type of property is this?

The property 542 S Water St is a house located in Wilmington, Illinois, 60481.

Is this property for sale now?

Active Listing: 542 S Water St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 542 S Water St are:
L J Stevens Intermediate School: GreatSchools Rating 8/10
Wilmington Middle School: GreatSchools Rating 8/10
Wilmington High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $5,120 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 542 S Water St has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 542 S Water St is 2,600 SqFt (source: MLS/tax record).

Rocket Homes›Illinois›Will County›Wilmington›60481›542 S Water St

This home is located at 542 S Water St in Wilmington, IL and zip code 60481. This 2,600 square foot home sits on a 1.00 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 02, 2024 and is currently priced at $329,900.

Over 3 listings were sold over their listed price in March 2024 in Wilmington, IL. In the same period over 10 listings were sold below the listed price and 1 listings were sold for the listed price. Between February 2024 and March 2024, Wilmington, IL real estate market has seen increase in the number of listings by 26.5%. The median list price of listings available in March 2024 was $180,000, while the average time on the real estate market was 39 days.

From Rocket Homes Real Estate and based on county public records data.

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