2273 Washington Rd Washington, IL 61571
This exceptional retail property, located at 2273 Washington Road in Washington, Illinois, offers a unique opportunity for businesses seeking high-visibility space in Tazewell County. The property boasts a total of 106,790 square feet, with multiple tenancy options available. Seven individual retail spaces are currently available, ranging in size from a minimum of 1,750 square feet to a maximum contiguous space of 5,698 square feet. A significant amount of vacant space, totaling 27,274 square feet, presents a substantial opportunity for expansion or multiple tenant occupancy. The property's storefront design ensures excellent street-facing visibility and accessibility for customers. This prime location on Washington Road guarantees high foot traffic and exposure, making it an ideal setting for a variety of retail businesses. The property is categorized as a multi-tenant retail building, providing flexibility for businesses of different sizes and needs. The address is 2273 Washington Rd, Washington, IL 61571. This is a remarkable opportunity to establish or expand your retail presence in a thriving community. The minimum divisible space is 1,750 square feet, allowing for smaller businesses to find a suitable location. The property's location in Tazewell County offers access to a strong local market and convenient transportation links.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.