Multifamily

Washington, IL Multifamily Properties for Sale

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Morton, IL Germantown Hills, IL Peoria, IL Metamora, IL East Peoria, IL Pekin, IL Eureka, IL Deer Creek, IL
Mixed-Use Building with Rooftop Bar
Updated: Nov 25, 2025
Mixed-Use Building with Rooftop Bar

140 Washington Square, Washington, IL 61571

$4,900,000
0.11 AC lot
Mixed‑use building at 140 Washington Square, Washington, IL 61571
0.1109‑acre site with a 1917 construction date
First‑floor restaurant, second‑floor brew pub, and rooftop bar
Four Airbnb residential units included
Eight‑year lease beginning April 20, 2025, with a five‑year renewal option
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Mixed-Use Building with Jitsu Studio
Updated: Jul 27
Mixed-Use Building with Jitsu Studio

703 Peoria St, Washington, IL 61571

$321,900
4,418 sqft
4,418‑square‑foot mixed‑use building at 703 Peoria St, Washington, IL 61571
Three one‑bedroom apartments located on the upper level
Jitsu studio occupies the lower level
All units are rented
Two apartments have been updated
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Mixed-Use Building with Rooftop Bar
Mixed-Use Building with Rooftop Bar

140 Washington Sq, Washington, IL 61571

$4,900,000
10,510 sqft

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

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See hot listings in Washington

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 40 Potential Opportunities for your consideration. Besides 3 Active listings in Washington, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 33 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Story Duplex with Updated Exterior
Two-Story Duplex with Updated Exterior

102 S MAIN Street, Deer Creek, IL 61733

$124,900
0.15 AC lot

Income-producing residential property with refreshed siding, windows, and roofing, plus public water and natural-gas forced-air heat.

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Updated Two-Story Duplex
Updated Two-Story Duplex

102 S Main St, Deer Creek, IL 61733

$124,900
1,600 sqft

New siding, windows, and roof enhance this duplex’s updated exterior.

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Up-and-Down Duplex with Porches
Up-and-Down Duplex with Porches

1617 NE MONROE Street, Peoria, IL 61603

$84,000
0.17 AC lot

Two-level residential income property with separate units, shared basement laundry hookups, and a mix of occupied and vacant space.

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11-Unit Apartment Building
11-Unit Apartment Building

1312 E WILSON Avenue, Peoria, IL 61603

$699,900

Apartment complex with one-bedroom units, updated electrical service, and current leases in place.

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Off-Market Properties in Washington, IL

Consider similar Off-Market properties in Washington, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

501 Spg St, Unit 1
APARTMENT HOUSE (UNDER 5 UNITS)

501 Spg St, Washington, IL 61571-2461

Unit 1
Estimated value:
$350,000
1,742 sqft 0.30 AC lot
View details
502 Main St, Unit I
APARTMENT HOUSE (UNDER 5 UNITS)

502 Main St, Washington, IL 61571-1571

Unit I
Estimated value:
$345,000
4,867 sqft 2.08 AC lot
View details
1910 Canterbury Dr, Unit A
APARTMENT HOUSE (UNDER 5 UNITS)

1910 Canterbury Dr, Washington, IL 61571-2137

Unit A
Estimated value:
$270,000
4,257 sqft 0.84 AC lot
View details
1300 Eagle Ave, Unit 1
APARTMENT HOUSE (UNDER 5 UNITS)

1300 Eagle Ave, Washington, IL 61571-1152

Unit 1
Estimated value:
$215,000
2,200 sqft 0.38 AC lot
View details
5601 Georgetown Rd, Unit 6012
APARTMENT HOUSE (UNDER 5 UNITS)

5601 Georgetown Rd, Washington, IL 61571-2256

Unit 6012
Estimated value:
$630,000
6,720 sqft 2.79 AC lot
View details
4901 Georgetown Rd, Unit 5312
APARTMENT HOUSE (UNDER 5 UNITS)

4901 Georgetown Rd, Washington, IL 61571-2254

Unit 5312
Estimated value:
$630,000
7,128 sqft 2.37 AC lot
View details
3101 Georgetown Rd, Unit 4705
APARTMENT HOUSE (UNDER 5 UNITS)

3101 Georgetown Rd, Washington, IL 61571-2251

Unit 4705
Estimated value:
$630,000
3,340 sqft 3.58 AC lot
View details
1926 Canterbury Dr, Unit 1
APARTMENT HOUSE (UNDER 5 UNITS)

1926 Canterbury Dr, Washington, IL 61571-2145

Unit 1
Estimated value:
$345,000
3,696 sqft 0.47 AC lot
View details
1922 Canterbury Dr, Unit 1
APARTMENT HOUSE (UNDER 5 UNITS)

1922 Canterbury Dr, Washington, IL 61571-2147

Unit 1
Estimated value:
$320,000
3,696 sqft 0.47 AC lot
View details
1931 Canterbury Dr, Unit 109
APARTMENT HOUSE (UNDER 5 UNITS)

1931 Canterbury Dr, Washington, IL 61571-2143

Unit 109
Estimated value:
$365,000
3,816 sqft 0.46 AC lot
View details
1927 Canterbury Dr, Unit 101
APARTMENT HOUSE (UNDER 5 UNITS)

1927 Canterbury Dr, Washington, IL 61571-2141

Unit 101
Estimated value:
$365,000
3,816 sqft 0.46 AC lot
View details
1400 Eagle Ave, Unit 1
APARTMENT HOUSE (UNDER 5 UNITS)

1400 Eagle Ave, Washington, IL 61571-1156

Unit 1
Estimated value:
$270,000
3,900 sqft 0.55 AC lot
View details
1902 Canterbury Dr, Unit 1
APARTMENT HOUSE (UNDER 5 UNITS)

1902 Canterbury Dr, Washington, IL 61571-2148

Unit 1
Estimated value:
$275,000
3,808 sqft 0.53 AC lot
View details
200 Carlson Ave
APARTMENT HOUSE (UNDER 5 UNITS)

200 Carlson Ave, Washington, IL 61571-3001

Estimated value:
$510,000
5,844 sqft 9.88 AC lot
View details
121 Theodore St
APARTMENT HOUSE (UNDER 5 UNITS)

121 Theodore St, Washington, IL 61571-1770

Estimated value:
$280,000
7,032 sqft 1.18 AC lot
View details
1410 Eagle Ave, Unit 1
APARTMENT HOUSE (UNDER 5 UNITS)

1410 Eagle Ave, Washington, IL 61571-1158

Unit 1
Estimated value:
$285,000
4,042 sqft 0.69 AC lot
View details
1305 Eagle Ave, Unit 1
APARTMENT HOUSE (UNDER 5 UNITS)

1305 Eagle Ave, Washington, IL 61571-1151

Unit 1
Estimated value:
$315,000
4,312 sqft 0.79 AC lot
View details
600 Holland St, Unit A
APARTMENT HOUSE (UNDER 5 UNITS)

600 Holland St, Washington, IL 61571-2753

Unit A
Estimated value:
$200,000
1,885 sqft 0.35 AC lot
View details
1310 Eagle Ave, Unit 1
APARTMENT HOUSE (UNDER 5 UNITS)

1310 Eagle Ave, Washington, IL 61571-1154

Unit 1
Estimated value:
$390,000
3,900 sqft 0.62 AC lot
View details
1100 Kern Rd, Unit 1114
APARTMENT HOUSE (UNDER 5 UNITS)

1100 Kern Rd, Washington, IL 61571-2488

Unit 1114
Estimated value:
$300,000
4,812 sqft 0.55 AC lot
View details
1609 Jefferson St
APARTMENT HOUSE (UNDER 5 UNITS)

1609 Jefferson St, Washington, IL 61571-1150

Estimated value:
$305,000
2,987 sqft 0.72 AC lot
View details

Washington, IL Multifamily Properties Market Trends and Statistics

Explore 36 multifamily properties for sale in Washington, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 14,928 square feet of properties for sale, with an estimated market value of $10,121,900.

Sale prices for multifamily properties in Washington, IL start at $321,900, averaging $3,373,966, and reaching up to $4,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Short term rental properties 2
Triplexes 1

Demographics Overview

Population 25K
Population Growth (5Y) -1.7%
Median Household Income $87,852
College Educated 51.7%

High-Yield Neighborhoods for Investment

Identify Washington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
61571 $3.4M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Tazewell County

New Delisted

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