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One-Story Retail Event Building
For Sale
Contact for pricing
Pending

126 Walnut Street, Washington, IL 61571

One-story retail building sits on a front corner lot and requires interior updates and HVAC work, sold AS IS.

Property Size1,184 SF
Lot Size0.11 Acres
Days on Market273

Property Features for 126 Walnut Street

General Information

Standard status Pending
Size 1,184 SF
Lot size 0.11 Acres
Property subtype Retail
Zoning COMMR

Building Details

Year Built 1917
Stories 1
Listing Agency: Brummel Properties, Inc.
Listed By: John Dunholter · License #IL 471.000199
Source: Crexi
Added: Dec 6, 2025 Changed: Aug 8 Last Checked: Jul 24 at 10:54AM

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.

This one-story building totals 1,184 square feet and is positioned on the front corner of a 5,000 square foot lot. The interior will require updating, and the HVAC system will need to be repaired or replaced.

The property is adjacent to the former Knights of Columbus building at 120 Walnut Street, and the original concept plan contemplated using the two properties together as an event center. The larger open land area would be used for outdoor special events.

Being sold AS IS, this offering is best suited for buyers prepared to renovate the building interior and address HVAC replacement or repairs.

Key Highlights

  • One‑story retail building offers 1,184 SF and sits on a front corner of a 5,000 SF lot
  • Adjacent to the former Knights of Columbus building at 120 Walnut Street (MLS reference to be used together per remarks)
  • Interior updates are needed throughout

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Auto Repair Shop Dental Office Auto Parts Store HVAC Service Bakery Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

325
Businesses Nearby
Under-served
Demand for This Use

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - One-story retail building sits on a front corner lot and requires interior updates and HVAC work, sold AS IS.
Where is this storefront property located?
The property is located at 126 Walnut Street Washington, IL.
What are key features of this property?
This property features: One‑story retail building offers 1,184 SF and sits on a front corner of a 5,000 SF lot; Adjacent to the former Knights of Columbus building at 120 Walnut Street (MLS reference to be used together per remarks); Interior updates are needed throughout
(630) 399-1290 Call to check price and availability
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