Two-Story Mixed-Use
For Sale
$209,900
120 Walnut Street, Washington, IL 61571
Commercial Sale, Washington, IL
Property SizeContact for details
Lot Size0.12 Acres
Days on Market270
Property Features for 120 Walnut Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Directions
South side of the Tangled Roots Brewing Company restaurant, which is located at the corner of Washington Square and Walnut Street.
Subdivision
Washington
Standard status
Active
APN
020224108019
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
5240
Utilities
Cooling system
Central Air
Building Details
Year built
1917
Floors in Building
2
Listing Agency:
Brummel Properties, Inc.
(630) 551-8005
Listed By:
Laura Tomsa · License #471016446
(630) 347-3207
Added: Dec 7, 2025
Changed: Aug 19
Last Checked: Sep 3 at 12:06AM
MLS# 12528979
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The two-story mixed-use building at 120 Walnut Street includes a basement and approximately 0.1171 acres. Built in 1917, the property has been stripped to the studs throughout the interior. Framing is in place for two second-floor studio apartments, while the first floor was planned for event-center use. Central Air is present, and the building is being offered in its current condition.
Exterior and structural work has advanced in select areas, including a partial new roof, replacement structural steel, and new timber across the main roof section. A sprinkler head has also been extended to support a future service connection. The property sits immediately beside Tangled Roots restaurant and was previously considered for coordinated event use with 126 Walnut Street, which was planned to provide catering space and outdoor-event land.
Exterior and structural work has advanced in select areas, including a partial new roof, replacement structural steel, and new timber across the main roof section. A sprinkler head has also been extended to support a future service connection. The property sits immediately beside Tangled Roots restaurant and was previously considered for coordinated event use with 126 Walnut Street, which was planned to provide catering space and outdoor-event land.
Key Highlights
- Two‑story mixed‑use building with basement on 0.1171 acres
- Interior demolished to the studs for redevelopment
- Framing completed for two second‑floor studio apartments
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
325
Businesses Nearby
Explore this area
Business Placement
Demographics for 61571, IL
24,766
Population
10,273
Households
2.4
Avg Household Size
40
Median Age
38%
College-Educated
98%
High-School Grad
53.5 sq mi
ZIP Area
463
Density / Sq Mi
$87,852
Median Household Income
$48,329
Median Earnings
$996
Median Rent
$200,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Partially demolished building with framed second-floor studios and redevelopment plans for an event-oriented commercial use.
Where is this mixed-use property located?
The property is located at 120 Walnut Street Washington, IL.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: Two‑story mixed‑use building with basement on 0.1171 acres; Interior demolished to the studs for redevelopment; Framing completed for two second‑floor studio apartments
