2390 Washington Rd, Washington, IL 61571-1857
This exceptional investment opportunity in Washington, IL, presents a substantial multi-building commercial property at 2390 WASHINGTON Road, encompassing a total of 12,370 square feet. The property includes a 6,000 square foot retail/business building, perfectly suited for a variety of commercial uses, and a 6,370 square foot pole barn, divided into two sections, offering versatile storage or workshop space. Located in Tazewell County, IL, zip code 61571, this property boasts a strategic location with excellent visibility and accessibility. The asking price is $290,000. The property is classified as Land, Industrial, Office, and Retail, and is further categorized as Commercial, Flex, and Warehouse space. This presents a unique chance to acquire a substantial commercial holding with significant income potential, ideal for investors seeking a diversified portfolio or entrepreneurs looking to establish a thriving business. The property's size and diverse building types offer flexibility for a wide range of commercial ventures. The location in Washington, Illinois provides access to a robust local market and convenient transportation links. This is a rare opportunity to acquire a well-positioned, multi-use commercial property with significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.