Mixed-Use Building with Rooftop
For Sale
$4,900,000
140 Washington Square, Washington, IL 61571
Commercial Sale, Washington, IL
Property SizeContact for details
Lot Size0.11 Acres
Days on Market268
Property Features for 140 Washington Square
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
At the corner of Washingtonm Square and Walnut Street.
Subdivision
Washington
Standard status
Active
APN
020224108016
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
7865
Utilities
Cooling system
Central Air
Building Details
Year built
1917
Floors in Building
2
Number of units
5
Building materials
Brick
Listing Agency:
Brummel Properties, Inc.
(630) 551-8005
Listed By:
John Dunholter · License #471000199
(630) 551-8005
Added: Nov 25, 2025
Changed: Aug 19
Last Checked: Aug 20 at 12:06PM
MLS# 12522519
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This brick mixed-use building, constructed in 1917, is undergoing renovation and includes commercial and residential components. The first floor is configured for restaurant use, while the second floor contains a brew pub and access to a rooftop bar. Four residential units provide short-term rental accommodations within the building. Central air serves the property.
An eight-year lease with Tangled Roots begins April 20, 2025, and includes a five-year renewal option. The building occupies approximately 0.1109 acres at 140 Washington Square in Washington, Illinois, within the downtown town square setting. Its combined restaurant, beverage, rooftop, and residential layout creates a single property with multiple operating components.
An eight-year lease with Tangled Roots begins April 20, 2025, and includes a five-year renewal option. The building occupies approximately 0.1109 acres at 140 Washington Square in Washington, Illinois, within the downtown town square setting. Its combined restaurant, beverage, rooftop, and residential layout creates a single property with multiple operating components.
Key Highlights
- Eight‑year lease with Tangled Roots beginning April 20, 2025
- Five‑year renewal option included in the lease
- First‑floor restaurant, second‑floor brew pub, and rooftop bar
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines restaurant, brew pub, rooftop bar, and short-term residential accommodations in downtown Washington.
Where is this mixed-use property located?
The property is located at 140 Washington Square 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: Eight‑year lease with Tangled Roots beginning April 20, 2025; Five‑year renewal option included in the lease; First‑floor restaurant, second‑floor brew pub, and rooftop bar
