Property profile & analytics
122 Main St Washington, IL 61571
- Retail space
- 4,080 SF
- 0.09 lot acres
For Sale
View listing
$280,000
Value Estimation
Location Intelligence
Property ID
US28-5916397
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 122 Main St
- Year built
- 1939
- Lot size
- 0.09 lot acres
- Property size
- 4,080 SF
- Property type
- Retail space
- APN
- 02-02-23-207-016
- APU
- 20223207016
Description
This exceptional 3,861 square foot commercial property at 122 N Main Street in Washington, IL, presents a unique investment opportunity. Originally a bowling alley, this building boasts a rich history and retains many of its original features, including the remarkably well-preserved bowling alley floor and an original fire door. Currently operating as a spirit wear store, the property's adaptability makes it suitable for a wide range of commercial uses. The building features two separate 200-amp electrical services, ensuring ample power for any business. Heating is provided by two furnaces
Value Estimation
by Realmo proprietary methodology
Last update: July 3, 2025
-
AI approach
- CAP return
- Estimation
- Estimation
- $250,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $220,000
- 6.5%
- $230,000
- 7%
- $250,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $265,000
- Geo Method
- $260,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $250,000
- Retail
- $260,000
- Mixed-Use
- $235,000
- Hospitality
- $270,000
- Educational
- $275,000
- Residential Income
- $280,000
- Energy
- $300,000
- Income-Based Land
- $215,000
- Food Service
- $255,000
Location Insight
- Map
- Local Demand
- City
- Washington
- County
- Tazewell
- State
- Illinois
- Longitude
- -89.4073
- Latitude
- 40.7041
- 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
$4,379
$15,500
$35,720
$51,220
-
$46,500
$107,160
$153,660
