Sold673d on market
627 S Water St
Wilmington, IL, 60481 • 60481 • Will County
$255,000
4Beds
2Baths
0.16 acLot
Property DNA
2-Car Garage
On Site · Garage Owned · Attached · Off Alley · Driveway · Alley Access · Owned · Garage
This home is in high demand
Listed 673 days ago · 3 views · Top 5% likely to sell soon
Market activity
Demand and pricing signals for this listing
3 views
People checking out this listing
673 days on market
Established listing
Selling Soon Prediction
Very HighThis home ranks in the top 5% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family
Welcome to 627 S Water St in Wilmington. This 2 unit home is perfect for either an investment rental property or a related living home. Sitting at 1800 sq ft both units are move-in ready and offer plenty of room for tenants or related living. Unit 1 is downstairs - 2 bedrooms 1 bathroom with 2 car garage access as well as laundry in the basement. The bathroom has been updated in 2023. Unit 2 is upstairs - 2 bedrooms 1 bathroom with a balcony. Unit 2 has a beautiful kitchen with granite counters and plenty of natural sunlight. Unit 2 has in-unit laundry as well. Each unit has separate central AC and furnace, along with sperate utilities. Dedicated parking is off alley and offers plenty of space for vehicles. Large/Deep 2 car attached garage with exterior access or lower unit access. If you're looking to build your investment portfolio or need a home that offers space for you and your extended family, come check out 627 S Water St!
Standout features identified
Our analysis highlights plenty of natural sunlight, beautiful kitchen, and separate central ac as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,590/month
Principal & Interest$1,250
Property Tax$255
Insurance$85
Down payment20% ($51,000)
3%50%
Est. 6.20% rate · 30yr fixed · $204,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
HeatingNatural Gas
Parking2 Attached Garage spaces
Property
Home typeMulti Family
Sub-typeMulti Family
Systems
HeatingNatural Gas
RoofAsphalt
ConstructionVinyl Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingOn Site, Garage Owned, Attached, Off Alley, Driveway, Alley Access, Owned, Garage
Garage2 spaces
BasementUnfinished,Full
Lot6,969 sqft
Location & Tax
Neighborhood60481
Annual tax$4,722
Parcel0317361150160000
Bathrooms & Fees
Full baths2
Features & details
3 categories of property features
Interior Features
Heating
Natural Gas
Exterior Features
Parking
On Site
Garage Owned
Attached
Off Alley
Driveway
Alley Access
Owned
Garage
Construction
Vinyl Siding
Listing insights
Market data and value estimates
StatusSold
Days on market673
Est. value$294,100
Est. rent$1,818/mo
Tax rate2.17%
On marketApr 23, 2024
PostedApr 23, 2024
Last sold$255,000
MLS statusClosed
MLS updatedJun 6, 2024
Tour days6
Views3
How are the schools in Wilmington?
3 schools rated nearby
Location
Wilmington, IL, 60481
Price history
7 events
DateEventPrice$/sqftSource
Jun 5, 2024Sold$255,000—MRED as distributed by MLS GRID
Apr 28, 2024Contingent$260,000—MRED as distributed by MLS GRID
Apr 23, 2024Listed For Sale$260,000—MRED as distributed by MLS GRID
Apr 23, 2024Listing Removed——MRED as distributed by MLS GRID
Mar 24, 2024Contingent$280,000—MRED as distributed by MLS GRID
Mar 7, 2024Listed For Sale$280,000—MRED as distributed by MLS GRID
Dec 5, 1996Sold$85,000—Public Record
Sold$255,000
Jun 5, 2024•MRED as distributed by MLS GRID
Contingent$260,000
Apr 28, 2024•MRED as distributed by MLS GRID
Listed For Sale$260,000
Apr 23, 2024•MRED as distributed by MLS GRID
Listing Removed—
Apr 23, 2024•MRED as distributed by MLS GRID
Contingent$280,000
Mar 24, 2024•MRED as distributed by MLS GRID
Listed For Sale$280,000
Mar 7, 2024•MRED as distributed by MLS GRID
Sold$85,000
Dec 5, 1996•Public Record
Tax history
24 years of records
YearTax paidAssessed value
Apr 10, 2023$5,119$74,117
Apr 10, 2022$4,722$67,117
Apr 10, 2021$4,465$62,638
Apr 10, 2020$4,392$60,991
Apr 10, 2019$4,336$59,789
Apr 10, 2018$4,250$58,428
Apr 10, 2017$3,976$54,580
Apr 10, 2016$3,596$50,142
Apr 10, 2015$3,656$48,943
Apr 10, 2014$3,656$49,437
Apr 10, 2013$3,726$52,682
Apr 10, 2012$2,776$55,601
Apr 10, 2011$2,751$58,931
Apr 10, 2010$2,800$61,386
Apr 10, 2009$2,738$61,386
Apr 10, 2008$2,663$48,906
Apr 10, 2007—$45,921
Apr 10, 2006$2,459$42,519
Apr 10, 2005$2,197$40,762
Apr 10, 2004$2,125$38,156
Apr 10, 2003$2,102$35,431
Apr 10, 2002$2,113$35,431
Apr 10, 2001$2,012$35,431
Apr 10, 2000$1,881$33,886
Nearby homes
Neighborhood details
Local context around this listing
Wilmington, IL • Will County
Nearby neighborhoods
Custer ParkLakewood ShoresLorenzoResthavenRitchie
Nearby cities
BolingbrookFrankfortJolietLockportMokenaNapervilleNew LenoxPlainfield
Nearby zip codes
60481
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Based on information submitted to the MLS GRID as of 2026. 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. [Click here for more information](/mls-disclaimers/#17)
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