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

    106 Washington Sq, Unit 110 Washington, IL 61571

    • Retail space
    • 4,025 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    $200,000
    Last Sale
    Nov 02, 2022
    $250,000
    Location Intelligence
    Property ID
    US28-4787629
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 106 Washington Sq

    Year built
    1928
    Lot size
    0.14 lot acres
    Property size
    4,025 SF
    Property type
    Retail space
    APN
    02-02-24-108-040
    APU
    20224108040

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $180,000

    • CAP approach

      CAP return
      Estimation
      6%
      $245,000
      6.5%
      $265,000
      7%
      $250,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $230,000
      Geo Method
      $240,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $235,000
      Retail
      $260,000
      Mixed-Use
      $275,000
      Hospitality
      $225,000
      Educational
      $250,000
      Residential Income
      $250,000
      Energy
      $200,000
      Income-Based Land
      $265,000
      Food Service
      $200,000

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    Tazewell
    State
    Illinois
    Longitude
    -89.4067
    Latitude
    40.7029
    CBSA code
    37900
    CBSA name
    PEORIA, IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $22,770
    $66,420
    $89,190
    -
    $68,310
    $199,260
    $267,570

    Comparable in this City

    • Value Estimation
      $190,000
      5,000 SF

      1881 Constitution St

      RETAIL STORES (PERSONAL SERVICES) • 5,000 SF
      1881 Constitution St, Washington, IL 61571-3428
      View Details
    • Value Estimation
      $650,000
      8,916 SF

      1010 Eastgate Dr

      RETAIL STORES (PERSONAL SERVICES) • 8,916 SF
      1010 Eastgate Dr, Washington, IL 61571
      View Details
    • Value Estimation
      $255,000
      4,080 SF

      122 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,080 SF
      122 Main St, Washington, IL 61571-2550
      View Details
    • Value Estimation
      $210,000
      1,927 SF

      114 Walnut St, Unit A

      RETAIL STORES (PERSONAL SERVICES) • 1,927 SF
      114 Walnut St, Washington, IL 61571-2675
      View Details
    • Value Estimation
      $305,000
      4,140 SF

      2211 Washington Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,140 SF
      2211 Washington Rd, Washington, IL 61571-1972
      View Details
    • Value Estimation
      $365,000
      4,240 SF

      1405 Washington Rd, Unit 1419

      RETAIL STORES (PERSONAL SERVICES) • 4,240 SF
      1405 Washington Rd, Washington, IL 61571-2371
      View Details

    Similar Nearby for Sale

    • New
      $189,000
      1,184 SF

      Retail Building in Washington, IL

      One-story retail building on a 5,000 SF lot.
      126 Walnut 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
    • New
      $209,900
      3,750 SF

      Two-Story Retail Building in Washington

      Two-story retail building with renovation potential in Washington, Illinois.
      120 Walnut St, Washington, IL 61571
      View Details
    • $850,000

      Prime Washington Retail Land

      High-traffic retail lot, excellent investment.
      1300 Washington St, Washington, IL 61571
      View Details
    • New
      $5,250,000
      10,510 SF

      Mixed-Use Investment Opportunity in Illinois

      Multifaceted hub with restaurant, brew pub, rooftop bar, and Airbnb units.
      140 Washington Sq, 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

    Similar Nearby for Lease

    • $15 SF/Yr
      4,060 SF

      Retail Space Near Walmart

      Retail space available in multi-tenant strip center.
      1960-1970 Freedom Pkwy, Washington, IL 61571
      View Details
    • $12 SF/Yr
      12,600 SF

      Retail Suites in Cherry Tree Center

      Retail suites available in busy Washington, IL shopping center.
      6-64 Cherry Tree Shopping Ctr, Washington, IL 61571
      View Details
    • $12 SF/Yr
      14,000 SF

      Prime Washington Retail Space

      14,000 SF Strip Center, 2 Suites Available
      1960 Freedom Pkwy, Washington, IL 61571
      View Details
    • $8 SF/Yr
      100,675 SF

      Cherry Tree Shopping Center Retail Space

      High-traffic retail space, multiple suites available.
      0 Cherry Tree Shopping Ctr, Washington, IL 61571
      View Details
    • Contact for pricing

      Prime Washington, IL Commercial Land

      Outlots & acreage for lease/sale
      0 Mc Clugage Rd, Washington, IL 61571
      View Details
    • $14 SF/Yr
      8,916 SF

      Class A Office Building, Washington, IL

      8,916 sq ft, 1.84 acres, NNN lease
      90 Eastgate Dr, Washington, IL 61571
      View Details
    Request Owner's contact information
    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.
    106 Washington Sq, Unit 110
    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
    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.