Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1331 Washington Rd Washington, IL 61571

    Sponsored
    For Sale
    $400,000

    1.41 Acres, High Traffic, C-2 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.41-acre commercial land parcel in Washington, IL, presents a remarkable development opportunity. Situated at 1331 Washington Rd, this C-2 zoned property boasts a highly desirable location, directly between a Pizza Hut and Becks Oil, and across the street from McDonald's and Dollar General. The property benefits from an average daily traffic count of 15,800 vehicles, ensuring high visibility and accessibility for any commercial venture. The parcel's APN is 02-02-22-204-005, and its location within Tazewell County, IL (zip code 61571) offers easy access to local amenities and a strong consumer base. The asking price is $400,000. This is a rare opportunity to acquire a strategically positioned commercial lot in a thriving area. Additional acreage is available for expansion, providing flexibility for larger-scale projects. This prime location and high traffic volume make this property ideal for a variety of commercial uses. Don't miss this chance to secure a piece of Washington's vibrant commercial landscape.

    Property Features for 1331 Washington Rd

    General Information

    Property type
    Land
    Lot Size
    61,420 SF

    HighLights

    • 1.41‑acre commercial lot, with additional acreage available.
    • High traffic count averaging 15,800 vehicles daily.
    • C‑2 General Commercial Retail zoning.
    • Prime location in Washington, IL.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    Tazewell
    State
    Illinois
    Longitude
    -89.429759793593
    Latitude
    40.703629329046

    Nearby Similar for Sale

    • $5,250,000
      0.11 Acres

      Tangled Roots Investment Opportunity

      Multifaceted hub with restaurant, brew pub, rooftop bar, and Airbnbs.
      140 Washington Sq, Washington, IL 61571
      View Details
    • $209,900
      0.12 Acres

      Two-Story Commercial Building in Washington

      Two-story commercial building with upgrade potential in Washington, Illinois.
      120 Walnut St, Washington, IL 61571
      View Details
    • $189,000
      0.12 Acres

      Washington, IL Commercial Building

      One-story building on a corner lot in Washington, Illinois.
      126 Walnut St, Washington, IL 61571
      View Details
    • $179,900

      Washington IL Duplex Investment

      Ranch-style duplex near amenities with leases through January 2026.
      106 Ernest St, Washington, IL 61571
      View Details
    • $260,000
      12,096 SF

      Retail/Warehouse Building in Washington Corridor

      Two-story retail/warehouse with additional A-Frame warehouse and ample parking.
      2449 Washington Rd, Washington, IL 61571
      View Details
    • $234,900
      1,818 SF

      Multifamily Income Property For Sale

      Multifamily income property featuring updated bathrooms and new roof.
      1920 Country Fair Dr #A, Washington, IL 61571
      View Details
    • $475,000
      7.53 Acres

      Prime Washington Road Commercial Land

      7.5 Acres, C-2 Zoning, High Visibility
      2098 Washington Rd, Washington, IL 61571
      View Details
    • $355,000
      8,480 SF

      Prime Washington Road Shopping Center

      Five-unit retail center, high visibility, strong ROI.
      1405-1419 Washington Rd, Washington, IL 61571
      View Details
    • $60,000
      0.50 Acres

      Prime Washington, IL Commercial Land

      0.5-Acre Lot, High Visibility, B-3 Zoning
      102 Esser St, Washington, IL 61571
      View Details
    • $156,816
      0.90 Acres

      Prime Washington, IL Commercial Lot

      High-visibility Route 24 development site.
      1010 Eastgate Dr, Washington, IL 61571
      View Details
    • $198,634
      1.14 Acres

      Prime Washington, IL Commercial Lot

      1.14 Acres, B-1 Zoning, Ready to Develop
      Eastgate Dr, Washington, IL 61571
      View Details
    • $174,240
      1.00 Acre

      Prime Washington, IL Commercial Lot

      1 Acre B-3 Zoned Lot - Ready to Build
      1010 Eastgate Dr, Washington, IL 61571
      View Details

    FAQs

    What type of property is this?
    Land - 1.41 Acres, High Traffic, C-2 Zoning
    Where is this land located?
    The property is located at 1331 Washington Rd Washington, IL.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: 1.41-acre commercial lot, with additional acreage available.; High traffic count averaging 15,800 vehicles daily.; C-2 General Commercial Retail zoning.
    Request Owner's contact information
    1331 Washington Rd Washington, IL 61571
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1331 Washington Rd
    Washington, IL 61571
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1331 Washington Rd Washington, IL 61571
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.