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108 E Mill St, Wayne City, IL, 62895

0beds
0baths
0sqft
$130,000
--price/sqft
$2,371/moest. monthly cost
$94,840/yrincome needed

About This Home

Unlock the potential of your business with this huge 13,200 square foot warehouse/storefront, ideally situated in a great location in the heart of Wayne City. This versatile property offers an incredible opportunity for entrepreneurs and investors alike. With over 13,000 square feet of flexible space, this warehouse is perfect for a variety of uses, including retail, distribution, manufacturing, or storage. The open layout allows for easy customization to meet your specific business needs. The property includes plenty of parking, as well! Don't miss out on this rare opportunity to own a substantial piece of commercial real estate and start your dream business!

Getting Around

25
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

6/10
8/10
Wayne City High SchoolGrades 9-120.3 mi

Construction

Materials

  • Roof: Metal
  • Construction materials: Post and Beam,Stone Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Slab

Features

  • Finished area above ground: 13,200

Heating

  • Heating features: Has Heating (Unspecified Type)

Interior Area

  • Total structure area: 13,200

Property

Details

  • Parcel number: 1997052013
  • Lease amount: 0

Features

  • Stories: 1
  • Exterior features: Utilities

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Strong Wind
Cold Wave
Drought
Earthquake
Inland Flooding
Lightning
Tornado
Winter Weather

FEMA Declared Disasters Across Illinois Counties

Flood
Other
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $657$7,884
Home Insurance *$546$6,552
Property Taxes $153$1,836
Electricity $1,015$12,183
Total$2,371$28,452
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$81,291/yr
40% on housing$71,130/yr
45% on housing$63,226/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.0%
5.0%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -4.0%
-4.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 62895$104
Wayne County$89

vs Homes Sold Last Month

Median $/sqft

ZIP 62895
Wayne County$32

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-07-16Price change$130,000
2025-06-20Listed for sale$275,000

For Sale by Agent

AgentJulie Shreve
BrokeragePollard Realty

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