140 Washington Square Washington, IL $ 5,250,000
140 Washington Square
$ 5,250,000
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140 Washington Square

Washington, IL, 61571
$ 5,250,000
Bedrooms-- Baths-- Sq 10,510
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Property for Rent in Washington, IL

for $5,250,000. This 10,510 square foot property was built in 1917 on a lot size of 0.110927.

**Investment Opportunity: Tangled Roots Beverage Company - Washington, Illinois** Presenting a premier investment opportunity in the heart of downtown Washington, Illinois: the Tangled Roots Beverage Company building. This stunning property, undergoing a multimillion-dollar renovation, stands as a testament to modern design while contributing to the vibrant character of the town square. At the forefront of this investment is the first-floor restaurant, designed to attract a diverse clientele with its upscale finishes and inviting ambiance. The extensive renovations promise not only aesthetic appeal but also functionality, ensuring that the restaurant thrives in a competitive market. The second floor hosts a lively brew pub complemented by a rooftop bar that offers breathtaking views and a unique social atmosphere. These spaces are designed to maximize foot traffic and patron engagement, providing a robust revenue stream for years to come. One of the standout features of this property is the eight-year lease agreement with Tangled Roots, beginning April 20, 2025, which includes a five-year option for renewal. This long-term commitment provides stability and peace of mind for any investor, ensuring a steady income source while reducing tenant turnover risks. Additionally, the building houses four luxurious Airbnb residential units, each meticulously renovated to provide guests with upscale accommodations in a prime location. With high demand for short-term rentals in the area, these units promise consistent occupancy and profitability. Surrounded by a variety of businesses in a bustling square, this investment property is not just a restaurant; it is a multifaceted hub designed for growth and profitability. With Tangled Roots Beverage Company as your tenant, this investment assures sound returns in a thriving community. Explore the potential of this remarkable piece of architecture-an investment that embodies both aesthetic appeal and lucrative opportunities in Washington, Illinois.

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Rental Active

Price

$ 5,250,000

Taxes

$ 7,865

Style

Commercial

Lot Size

0.110927

Year Built

1917

Town/City

Washington

County/Region

Tazewell

MLS | Web ID

12522519

Features
General
Cooling Central Air
Construction Materials Brick
Year Built 1917
Electric Service - 201 to 600 Amps
Stories Count 2
Township Washington
Property Subtype Mixed Use
Tax Year 2024
Current Use Commercial
Gross Income 0
County Tazewell
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Status Active
Directions At the corner of Washingtonm Square and Walnut Street.
City Washington
Number Of Units Total 5
MLS Area Washington
Lot Size Square Feet 4832
Tax Annual Amount 7865
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Lease Type Net
Standard Status Active
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Exterior
Building Area Total 10510
Lot Dimensions 80' x 49' x 80' x 49' + 20' x 53' x 20' x 53'
Frontage Type City Street
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* Excluded Features
List By
Brummel Properties, Inc.

Broker

johndunholter@gmail.com

Email

Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/25/2025$5,250,000 Listed Price

Map


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140 Washington Square, Washington, IL, 61571 is a Property for Rent at $5,250,000 with 10,510 sqft and a lot size of 0.110927. 140 Washington Square was built in 1917. The property's zip code is 61571 which is in Washington, IL