$4,900,000
140 Washington Sq , Washington, IL 61571
- 10,510
- sqft
- 1917
- year built
- Status:
- Active
- MLS #:
- 12522519
- County:
- Tazewell
- Listed By:
- Laura Tomsa - Brummel Properties, Inc.
- Office Phone:
- (630) 551-8005
- Agent Email:
- Laura@brummelproperties.com;Lauratomsa@me.com
Sponsoring Broker: Diane Glass, Berkshire Hathaway HomeServices Chicago
**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.
Highlights
- Commercial Sale
- Mixed Use
- Built in 1917
- 355 days on Market
-
- Year Built
- 1917
-
- Stories
- 2.0
-
- Construction Materials
- Brick
-
- Cooling
- Central Air
-
- Area
- Washington
-
- County
- Tazewell
-
- City
- Washington
-
- Zip Code
- 61571
-
Nearby Schools
-
51out of 100
-
53out of 100
-
99out of 100
-
53out of 100
-
53out of 100
-
53out of 100
-
52out of 100
-
55out of 100
-
51out of 100
-
53out of 100
Disclaimer: ez Home Search School Ratings are on a scale of 1-100 and represent our evaluation of school quality based on academic performance, school resources, community feedback, and demographic factors. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.
-
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Price History
| 05/28/2026 | Price Changed | $4,900,000 |
| Source: Midwest Real Estate Data (MRED) #12522519 | ||
| 11/25/2025 | Listed | $5,250,000 |
| Source: Midwest Real Estate Data (MRED) #12522519 | ||
Source: MLS Data
Deed History
| 06/21/2017 | Deed | $0 |
| 12/17/2013 | Special Warranty Deed | $0 |
| 12/17/2013 | Warranty Deed | $0 |
Source: Public records via Constellation Data Labs
Mortgage History
| 06/21/2017 | Commercial | $495,000 |
Source: Public records via Constellation Data Labs
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Frequently Asked Questions
How do I schedule a tour of 140 Washington Sq?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 140 Washington Sq.
They know commercial sales in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 140 Washington Sq?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $4,900,000. We can talk through recent upgrades, potential seller motivation, how this mixed use compares to others in Washington, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 140 Washington Sq?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 140 Washington Sq at around $28,540. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 140 Washington Sq?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Tazewell County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 140 Washington Sq?
In most cases, yes. Whether 140 Washington Sq is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Washington's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 140 Washington Sq?
We can handle that for you. Our preferred local agent specializes in commercial sales in Washington and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $4,900,000 with 10,510 sqft of space—that comes out to approximately $466 per square foot.
How long has this property been on the market?
140 Washington Sq was listed on November 25, 2025, which means it's been on the market for 355 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1917, making it approximately 109 years old.
What are the property taxes for 140 Washington Sq?
The most recent public record shows annual property taxes for 140 Washington Sq were approximately $7,865. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 140 Washington Sq still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.
Last Updated: November 15, 2026 at 07:27AM | Source: Midwest Real Estate Data (MRED) | MLS#: 12522519
