Search
Mixed-Use Building with Rooftop Bar
For Sale
$4,900,000

140 Washington Sq, Washington, IL 61571

Renovated hospitality and residential spaces combine restaurant, brew pub, rooftop, and short-term rental uses.

Property Size10,510 SF
Price / SF$466.22
Days on Market339

Property Features for 140 Washington Sq

General Information

Standard status Active
Size 10,510 SF
Property subtype Commercial

Building Details

Year Built 1917
Buildings 1
Listing Agency: Brummel Properties, Inc.
Listed By: John Dunholter · License #471000199
Source: Illianahomesource
Added: Sep 26, 2025 Changed: Aug 29 Last Checked: Aug 29 at 6:56PM

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.

Located at 140 Washington Sq in Washington, Illinois, this 10,510-square-foot mixed-use building dates to 1917 and is undergoing extensive renovation. The property combines a first-floor restaurant with upscale finishes, a second-floor brew pub, and a rooftop bar. Four renovated Airbnb residential units add a short-term lodging component above the commercial spaces.

Tangled Roots Beverage Company holds an eight-year lease beginning April 20, 2025, with a five-year renewal option. The building occupies a downtown town-square setting surrounded by other businesses, placing its hospitality and residential components within an established commercial environment.

The combination of restaurant, brew pub, rooftop bar, and four residential units creates a varied operating profile within a single historic building. Renovation work is intended to address both the visual presentation and functionality of the property.

Key Highlights

  • 10,510‑square‑foot mixed‑use building constructed in 1917
  • First‑floor restaurant, second‑floor brew pub, and rooftop bar
  • Four renovated Airbnb residential units

Property Analytics

Current Use

Conventional restaurants

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

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Renovated hospitality and residential spaces combine restaurant, brew pub, rooftop, and short-term rental uses.
Where is this mixed-use property located?
The property is located at 140 Washington Sq Washington, IL.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: 10,510‑square‑foot mixed‑use building constructed in 1917; First‑floor restaurant, second‑floor brew pub, and rooftop bar; Four renovated Airbnb residential units
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message