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    1960-1970 Freedom Pkwy Washington, IL 61571

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    For Lease
    $15 SF/Yr ($5,075 /Mo)

    Retail space available in multi-tenant strip center.

    Property size:
    4,060 SF
    Lot size:
    1.37 Acres

    Property Features for 1960-1970 Freedom Pkwy

    General Information

    Size
    4,060 SF
    Lot size
    1.37 Acres

    Source: Joseph & Camper Commercial Agent Will Hayes

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

    Overview

    Retail Space Near Walmart

    A retail space is available for lease within a multi-tenant retail strip center. The available space measures 1,540 square feet. The property is located on Freedom Plaza in Washington, Illinois, and is positioned as an outparcel to a Walmart Supercenter. Other tenants in the surrounding area include Menards, Aldi, Kroger, Dollar Tree, and PNC Bank. The location offers excellent access, with dedicated, signalized turn lanes in all directions.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Hotel & Motel Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    Tazewell
    State
    Illinois
    Longitude
    -89.4584489
    Latitude
    40.7079493

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      Prime Washington Retail Space

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    FAQs

    What type of property is this?
    Strip mall - Retail space available in multi-tenant strip center.
    Where is this strip mall located?
    The property is located at 1960-1970 Freedom Pkwy Washington, IL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Located as an outparcel to Walmart Supercenter in Freedom Plaza.; - Excellent access with dedicated, signalized turn lanes in all directions.; - High-traffic location surrounded by Menards, Aldi, Kroger, Dollar Tree and PNC Bank.
    (309) 643-0717
    Request Owner's contact information
    1960-1970 Freedom Pkwy 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
    1960-1970 Freedom Pkwy Washington, IL 61571
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