Two-Story Mixed-Use
For Sale
$209,900
120 Walnut Street, Washington, IL 61571
The property includes a basement, partial roof replacement, and framed second-floor studio units.
Property Size3,750 SF
Days on Market36
Property Features for 120 Walnut Street
General Information
Standard status
Active
Size
3,750 SF
Property subtype
Commercial
Property Condition
Severity
Major Repairs Needed
Evidence
The complete interior has been demolished down to the studs.
Taxes and HOA fees
Annual Taxes
$5,240
Building Details
Building Size
3,750 SF
Year Built
1917
Buildings
1
Stories
2
Listing Agency:
Brummel Properties, Inc.
(630) 399-1290
Listed By:
John Dunholter · License #471000199
Source:
Jjillrealtygroup
Added: Jul 26
Changed: Aug 29
Last Checked: Aug 29 at 5:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brummel Properties, Inc.
Investment Insights
Based on property information with market context.
Built in 1917, this mixed-use property includes two stories and a basement. The interior has been taken back to the studs, with framing completed for two studio apartments on the upper level. Work also includes a partial roof replacement, newly installed structural steel and timber supporting the primary roof area, and a sprinkler head positioned for a future service connection.
The first floor was planned for event-center use, while the second floor was designated for two studio Airbnb apartments. The building is immediately adjacent to Tangled Roots restaurant. A related plan connected the property with 126 Walnut Street, which was intended to provide catering space and outdoor event area. Both properties are offered as-is.
The first floor was planned for event-center use, while the second floor was designated for two studio Airbnb apartments. The building is immediately adjacent to Tangled Roots restaurant. A related plan connected the property with 126 Walnut Street, which was intended to provide catering space and outdoor event area. Both properties are offered as-is.
Key Highlights
- Two‑story mixed‑use building with basement
- Built in 1917
- Interior stripped to studs for redevelopment
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 Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The property includes a basement, partial roof replacement, and framed second-floor studio units.
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; Built in 1917; Interior stripped to studs for redevelopment
