Property summary
This exceptional 27,500-square-foot commercial property, located at 1503 Washington Road in Washington, Illinois (zip code 61571), presents a unique opportunity for businesses seeking a versatile space. The property boasts a desirable blend of retail and industrial features, ideal for a variety of uses. The building features a prominent storefront on Washington Road, showcasing floor-to-ceiling windows for optimal visibility and attracting customer attention. The rear of the building offers dual semi-truck loading docks, ensuring efficient loading and unloading operations. Inside, the warehouse area provides an open floor plan with a generous 12-foot ceiling clearance, maximizing storage and operational space. The property also includes updated HVAC systems for climate control and ample power to accommodate various business needs. For employee and customer convenience, the building is equipped with ADA-compliant restrooms, separate for employees and customers. This single-tenant property is situated in Tazewell County and represents a significant opportunity within a thriving commercial area. The combination of prime location, modern amenities, and versatile space makes this property an attractive investment. Contact us today to schedule a viewing.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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