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    Washington, IL Multifamily Properties for Sale

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    Morton, IL East Peoria, IL Peoria, IL Germantown Hills, IL Metamora, IL Pekin, IL Spring Bay, IL Eureka, 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
    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
    Four residential units configured for short‑term rentals
    Brick building constructed in 1917
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    Two-Story Mixed-Use Building
    Updated: Dec 7, 2025
    Two-Story Mixed-Use Building

    120 Walnut Street, Washington, IL 61571

    $209,900
    0.12 AC lot
    Two‑story building with basement on 0.1171 acres
    Interior demolished to the studs
    Framing completed for two proposed second‑floor studio apartments
    Partial new roof with structural steel and timber added to the main roof area
    Sprinkler head brought into the building for service tie‑in
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    Fully Remodeled 4-Plex Multi-Family
    Fully Remodeled 4-Plex Multi-Family

    601 DEVONSHIRE Road, Washington, IL 61571

    $449,900

    Four fully occupied 2 bed/1 bath units with central air, on-site laundry, and a four-stall covered carport plus on-street parking.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Two-Story Mixed-Use Building
    Two-Story Mixed-Use Building

    120 Walnut Street, Washington, IL 61571

    $209,900

    Interior demolition and partial rebuilding create a substantial repositioning project with a basement and two framed studio layouts.

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    Based on your search, we've compiled 41 Potential Opportunities for your consideration. Besides 4 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.

    Eight-Unit Multifamily Package
    Eight-Unit Multifamily Package

    418 N Spring Street, Metamora, IL 61548

    Contact for pricing
    40,500 sqft

    Commercial zoning combines three residential buildings with a separate pay-to-park lot.

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    Triplex Rental Homes with Basements
    Triplex Rental Homes with Basements

    126 MOSCHEL Street, East Peoria, IL 61611

    $199,900
    0.47 AC lot

    Three well-maintained rental units feature basements, central air, and public utilities on a single lot in East Peoria.

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    Small Multi-Unit Income Property
    Small Multi-Unit Income Property

    418 N SPRING Street, Metamora, IL 61548

    Contact for pricing
    0.93 AC lot

    Package includes a pay-to-park lot with 49 spaces and three multi-unit buildings totaling eight units.

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    Four-Unit Quadplex with Commercial Space
    Four-Unit Quadplex with Commercial Space

    220 & 222 MEADOW Avenue, East Peoria, IL 61611

    $280,000

    Four residential apartment units with additional commercial space in a B2-zoned East Peoria mixed-use property.

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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
    $350,000
    Estimated value
    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
    $345,000
    Estimated value
    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
    $270,000
    Estimated value
    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
    $215,000
    Estimated value
    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
    $630,000
    Estimated value
    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
    $630,000
    Estimated value
    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
    $630,000
    Estimated value
    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
    $345,000
    Estimated value
    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
    $320,000
    Estimated value
    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
    $365,000
    Estimated value
    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
    $365,000
    Estimated value
    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
    $270,000
    Estimated value
    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
    $275,000
    Estimated value
    3,808 sqft 0.53 AC lot
    View details
    200 Carlson Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    200 Carlson Ave, Washington, IL 61571-3001

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

    121 Theodore St, Washington, IL 61571-1770

    $280,000
    Estimated value
    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
    $285,000
    Estimated value
    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
    $315,000
    Estimated value
    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
    $200,000
    Estimated value
    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
    $390,000
    Estimated value
    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
    $300,000
    Estimated value
    4,812 sqft 0.55 AC lot
    View details

    Washington, IL Multifamily Properties Market Trends and Statistics

    Explore 37 multifamily properties for sale in Washington, IL, showcased through 4 active listings on our real estate platform.

    Sale prices for multifamily properties in Washington, IL start at $209,900, averaging $1,442,425, 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 3
    Quadplexes 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 $329.9K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Tazewell County

    New Delisted

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