Washington, IL Multifamily Properties for Sale

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Peoria, IL Metamora, IL Morton, IL

Updated: Jul 5

Fully Remodeled 4-Plex

601 DEVONSHIRE Road, Washington, IL 61571

$449,900

Fully remodeled, fully occupied 4‑plex with (4) 2 bed / 1 bath units
Each unit is fully applianced and includes an on‑site laundry facility
4‑stall covered carport on‑site, with additional on‑street parking available
Central air cooling; cable available; public water source
Brick partial and vinyl siding construction with a shingle roof; year built 1961

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Updated: Dec 7, 2025

Two-Story Commercial Building in Washington

120 Walnut Street, Washington, IL 61571

$209,900

0.12 AC lot

Opportunity to develop an Event Center in conjunction with adjacent property for catering and outdoor events.
Partially completed framing for two luxury studio Airbnb apartments on the second floor.
New structural steel and timber installed for the main portion of the roof.
Partial new roof.
Sprinkler head installed for service tie‑in.

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Tangled Roots Investment Opportunity

140 Washington Square, Washington, IL 61571

$4,900,000

0.11 AC lot

Multifaceted hub with restaurant, brew pub, and Airbnb units.

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Based on your search, we've compiled 44 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, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

East Peoria Mixed-Use Investment

220 & 222 MEADOW Avenue, East Peoria, IL 61611

$280,000

Mixed-use property with residential and commercial income potential.

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Up/Down Duplex with Shared Basement

1617 NE MONROE Street, Peoria, IL 61603

$84,000

0.17 AC lot

Up/down duplex with two porches per unit, shared basement laundry hookups, and paved parking plus on-street space.

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Duplex Income Property

805 NE MADISON Avenue, Peoria, IL 61603

$32,900

0.12 AC lot

For sale duplex in Peoria, IL, offering a residential income setup on a small lot.

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Mixed-Use Building Near Morton

3409 MEADOW Avenue, East Peoria, IL 61611

$314,900

0.70 AC lot

Multi-use building with commercial spaces and apartments near Morton.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

University Park Developable Land

976 Mesa Court, University Park, IL 60484

Contact for pricing

3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

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Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

Contact for pricing

0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

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Commercial Land Development Parcel

17039 Hillside Lane, Jerseyville, IL 62052

$70,000

2.10 AC lot

Roughly two acres off Route 67 with utilities in place and an existing concrete pad for flexible development uses.

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Land For Sale, Lakemoor, IL

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing

0.12 AC lot

Commercial land available in Lakemoor, Illinois.

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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.

APARTMENT HOUSE (UNDER 5 UNITS)

501 Spg St, Washington, IL 61571-2461

Unit 1

Value Estimation by Request

1,742 sqft · 0.30 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

502 Main St, Washington, IL 61571-1571

Unit I

Value Estimation by Request

4,867 sqft · 2.08 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1910 Canterbury Dr, Washington, IL 61571-2137

Unit A

Value Estimation by Request

4,257 sqft · 0.84 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1300 Eagle Ave, Washington, IL 61571-1152

Unit 1

Value Estimation by Request

2,200 sqft · 0.38 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

5601 Georgetown Rd, Washington, IL 61571-2256

Unit 6012

$645,000

Estimated value

6,720 sqft · 2.79 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

4901 Georgetown Rd, Washington, IL 61571-2254

Unit 5312

$660,000

Estimated value

7,128 sqft · 2.37 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

3101 Georgetown Rd, Washington, IL 61571-2251

Unit 4705

Value Estimation by Request

3,340 sqft · 3.58 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1926 Canterbury Dr, Washington, IL 61571-2145

Unit 1

Value Estimation by Request

3,696 sqft · 0.47 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1922 Canterbury Dr, Washington, IL 61571-2147

Unit 1

Value Estimation by Request

3,696 sqft · 0.47 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1931 Canterbury Dr, Washington, IL 61571-2143

Unit 109

Value Estimation by Request

3,816 sqft · 0.46 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1927 Canterbury Dr, Washington, IL 61571-2141

Unit 101

Value Estimation by Request

3,816 sqft · 0.46 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1400 Eagle Ave, Washington, IL 61571-1156

Unit 1

Value Estimation by Request

3,900 sqft · 0.55 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1902 Canterbury Dr, Washington, IL 61571-2148

Unit 1

Value Estimation by Request

3,808 sqft · 0.53 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

200 Carlson Ave, Washington, IL 61571-3001

$510,000

Estimated value

5,844 sqft · 9.88 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

121 Theodore St, Washington, IL 61571-1770

$615,000

Estimated value

7,032 sqft · 1.18 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1410 Eagle Ave, Washington, IL 61571-1158

Unit 1

Value Estimation by Request

4,042 sqft · 0.69 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1305 Eagle Ave, Washington, IL 61571-1151

Unit 1

Value Estimation by Request

4,312 sqft · 0.79 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

600 Holland St, Washington, IL 61571-2753

Unit A

Value Estimation by Request

1,885 sqft · 0.35 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1310 Eagle Ave, Washington, IL 61571-1154

Unit 1

Value Estimation by Request

3,900 sqft · 0.62 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1100 Kern Rd, Washington, IL 61571-2488

Unit 1114

Value Estimation by Request

4,812 sqft · 0.55 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1609 Jefferson St, Washington, IL 61571-1150

Value Estimation by Request

2,987 sqft · 0.72 AC lot

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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 0 square feet of properties for sale, with an estimated market value of $5,559,800.

Sale prices for multifamily properties in Washington, IL start at $209,900, averaging $1,853,266, 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

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	$2.6M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Tazewell County

New Delisted

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Washington, IL Multifamily Properties for Sale

601 DEVONSHIRE Road, Washington, IL 61571

120 Walnut Street, Washington, IL 61571

140 Washington Square, Washington, IL 61571

Opportunities in Nearby Cities

220 & 222 MEADOW Avenue, East Peoria, IL 61611

1617 NE MONROE Street, Peoria, IL 61603

805 NE MADISON Avenue, Peoria, IL 61603

3409 MEADOW Avenue, East Peoria, IL 61611

Potential Development Sites for Consideration

976 Mesa Court, University Park, IL 60484

4418 Oakland Court, Wheatfield, IN 46392

17039 Hillside Lane, Jerseyville, IL 62052

27 Oyster Bay, Lakemoor, IL 60051

Off-Market Properties in Washington, IL

501 Spg St, Washington, IL 61571-2461

502 Main St, Washington, IL 61571-1571

1910 Canterbury Dr, Washington, IL 61571-2137

1300 Eagle Ave, Washington, IL 61571-1152

5601 Georgetown Rd, Washington, IL 61571-2256

4901 Georgetown Rd, Washington, IL 61571-2254

3101 Georgetown Rd, Washington, IL 61571-2251

1926 Canterbury Dr, Washington, IL 61571-2145

1922 Canterbury Dr, Washington, IL 61571-2147

1931 Canterbury Dr, Washington, IL 61571-2143

1927 Canterbury Dr, Washington, IL 61571-2141

1400 Eagle Ave, Washington, IL 61571-1156

1902 Canterbury Dr, Washington, IL 61571-2148

200 Carlson Ave, Washington, IL 61571-3001

121 Theodore St, Washington, IL 61571-1770

1410 Eagle Ave, Washington, IL 61571-1158

1305 Eagle Ave, Washington, IL 61571-1151

600 Holland St, Washington, IL 61571-2753

1310 Eagle Ave, Washington, IL 61571-1154

1100 Kern Rd, Washington, IL 61571-2488

1609 Jefferson St, Washington, IL 61571-1150

Washington, IL Multifamily Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

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