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    126 Walnut St Washington, IL 61571

    New
    For Sale
    $189,000

    Retail - Washington, IL

    Type:Retail
    Property size:
    1,184 SF
    Days on Market:
    1
    Last Refresh:
    Dec 8 at 11:06 am

    Property Features for 126 Walnut St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    COMMR
    APN
    020224108020
    Size
    1,184 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1917
    Architectural style
    Other

    Brummel Properties, Inc. (630) 551-8005 [email protected]

    Listing agent John Dunholter (630) 551-8005 License #471000199

    Listing date Dec 8, 2025

    MLS# 12529064 Listing URL

    Copyright © 2025 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.

    Overview

    Retail Building in Washington, IL

    This one-story retail building, encompassing 1,184 square feet, is situated on the front corner of a 5,000 square foot lot. Located adjacent to the former Knights of Columbus building at 120 Walnut Street, the property is in Washington, Illinois. The building's interior requires updating, and the HVAC system needs repair or replacement. A concept plan envisioned utilizing this property in conjunction with the adjacent 120 Walnut Street property as an Event Center, with the large open land area suitable for outdoor special events. The zoning is COMMR.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    Tazewell
    State
    Illinois
    Longitude
    -89.40572
    Latitude
    40.703274

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    FAQs

    What type of property is this?
    Storefront property - One-story retail building on a 5,000 SF lot.
    Where is this storefront property located?
    The property is located at 126 Walnut St Washington, IL.
    What is the asking price?
    The asking price for this property is $189,000.
    What are key features of this property?
    This property features: - Large 5,000 sq ft lot.; - Located on a corner lot.; - Potential for outdoor special events.
    (630) 551-8005
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    126 Walnut St Washington, IL 61571
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    Washington, IL 61571
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    126 Walnut St Washington, IL 61571
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