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Washington, IL Hotels for Sale

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Mixed-Use Investment Opportunity in Illinois
$5,250,000
10,510 SF

Mixed-Use Investment Opportunity in Illinois

140 Washington Sq, Washington, IL 61571

Multifaceted hub with restaurant, brew pub, rooftop bar, and Airbnb units.

  • Eight‑year lease agreement with Tangled Roots (starting April 20, 2025) with a five‑year renewal option, ensuring long‑term income stability.
  • Multimillion‑dollar renovation completed, offering modern design and functionality.
  • First‑floor restaurant designed with upscale finishes and inviting ambiance to attract a diverse clientele.
  • Second‑floor brew pub and rooftop bar with breathtaking views, maximizing foot traffic and revenue.
  • Four luxurious Airbnb residential units, promising consistent occupancy and profitability.
Last Update: Dec 4
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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Washington, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Well-Maintained Hotel Near Downtown
$3,800,000
Pending

Well-Maintained Hotel Near Downtown

Best Western hotel with 45 rooms, pool, and great access.
3440 E Clear Lake Ave, Springfield, IL 62702
View details
Historic Boutique Hotel and Venue
$2,700,000
19,320 SF

Historic Boutique Hotel and Venue

Unique property with guest rooms, suites, banquet center, and garden.
835 S 2Nd St, Springfield, IL 62704
View details
St Regis Chicago Residences
$2,004,683

St Regis Chicago Residences

Luxury branded residences with five-star hotel amenities in Lakeshore East.
363 E Wacker Dr, Chicago, IL 60601
View details
St. Regis Chicago Residence
$2,235,000

St. Regis Chicago Residence

Luxury residence in St. Regis Chicago with high-end finishes.
363 E Wacker Dr, Chicago, IL 60601
View details

Explore Off-Market Properties in Washington, IL

Consider similar Off-Market properties in Washington, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1216 Peoria St

1216 Peoria St

HOTEL/MOTEL • 3,564 SF
Value Estimation
$140,000
1216 Peoria St, Washington, IL 61571-2353
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1884 Washington Rd

1884 Washington Rd

HOTEL/MOTEL • 10,516 SF
Value Estimation
$1,070,000
1884 Washington Rd, Washington, IL 61571-2178
View details
1101 Cummings Ln

1101 Cummings Ln

HOTEL/MOTEL • 35,670 SF
Value Estimation
$940,000
1101 Cummings Ln, Washington, IL 61571-9645
View details

Washington, IL Hotels Investment Opportunities Market Analysis

Explore 4 hotels for sale in Washington, IL on our real estate platform. These investment opportunities span a total of 120,556 square feet of properties for sale, with an estimated market value of $1,830,000.

Prices for resorts in Washington, IL start at $135,000, averaging $610,000, and reaching up to $1,010,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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