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140 Washington Sq Washington, IL 61571

New
For Sale
$5,250,000

Mixed Use - Washington, IL

Type:Mixed Use
Property size:
10,510 SF
Days on Market:
1
Last Refresh:
Dec 4 at 11:06 pm

Property Features for 140 Washington Sq

General Information

Property type
Commercial Sale
Property subtype
Mixed Use
Standard status
Active
APN
020224108016
Size
10,510 SF

Utilities

Cooling system
Central Air

Building Details

Year built
1917
Number of units
5
Architectural style
Other

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

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

Listing date Dec 4, 2025

MLS# 12522519 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

Mixed-Use Investment Opportunity in Illinois

Located in downtown Washington, Illinois, the Tangled Roots Beverage Company building is undergoing a multimillion-dollar renovation. The property features a first-floor restaurant designed with upscale finishes. The second floor includes a brew pub and a rooftop bar. The building also houses four renovated Airbnb residential units. A long-term lease agreement with Tangled Roots, beginning April 20, 2025, includes a five-year option for renewal. The property is located in a bustling square and is intended to be a multifaceted hub designed for growth and profitability. The property size is 10510 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Hotels

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
-89.4059803
Latitude
40.7031395

FAQs

What type of property is this?
Restaurant - Multifaceted hub with restaurant, brew pub, rooftop bar, and Airbnb units.
Where is this restaurant located?
The property is located at 140 Washington Sq Washington, IL.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: - 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.
More about this property
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