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    2449 Washington Rd Washington, IL 61571

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    For Sale
    $260,000

    Two-story retail/warehouse with additional A-Frame warehouse and ample parking.

    Property size:
    12,096 SF
    Lot size:
    0.73 Acres

    Property Features for 2449 Washington Rd

    General Information

    Size
    12,096 SF
    Lot size
    0.73 Acres

    Source: Joseph & Camper Commercial Agent Steve Reeves

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail/Warehouse Building in Washington Corridor

    This highly visible retail and warehouse building is located in the Washington Street corridor. The property includes two floors in the main building, with an additional single-story A-Frame warehouse structure attached. The front of the building features an office area with floor-to-ceiling windows facing the street. There are two 9-foot overhead doors for access. A freight elevator provides access between the floors. The second floor includes an apartment, two private offices, and a large warehouse area. The first floor features a front office area and a rear warehouse area. Ample parking is available on the lot, with a full drive-around white-rocked driveway. The property offers potential for various business uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop 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
    -89.4996441
    Latitude
    40.690096

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    FAQs

    What type of property is this?
    Retail space - Two-story retail/warehouse with additional A-Frame warehouse and ample parking.
    Where is this retail space located?
    The property is located at 2449 Washington Rd Washington, IL.
    What is the asking price?
    The asking price for this property is $260,000.
    What are key features of this property?
    This property features: - Highly visible location in the Washington Street corridor.; - Versatile property with retail, office, warehouse, and residential (apartment) spaces.; - Ample parking with full drive-around driveway.
    (309) 550-0139
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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
    2449 Washington Rd Washington, IL 61571
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