106 Washington St

Philo, IL 61864

$400,000
Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Description

Step into a rare opportunity to own a beautifully restored piece of downtown Philo history. Originally built in the early 1900's, the iconic Old Lowry building has been completely rehabbed and thoughtfully reimagined, blending timeless character with modern functionality. The main level currently operates as a stylish and welcoming salon, featuring a seamless combination of hair services, retail space, and a private med spa. Exposed brick walls add warmth and authenticity, while luxury vinyl plank...Step into a rare opportunity to own a beautifully restored piece of downtown Philo history. Originally built in the early 1900's, the iconic Old Lowry building has been completely rehabbed and thoughtfully reimagined, blending timeless character with modern functionality. The main level currently operates as a stylish and welcoming salon, featuring a seamless combination of hair services, retail space, and a private med spa. Exposed brick walls add warmth and authenticity, while luxury vinyl plank flooring runs throughout for a clean, upscale finish. The layout is both practical and inviting, offering two separate guest bathrooms, a dedicated laundry area with washer, dryer, sink, and shelving, and a private treatment room ideal for med spa services. A separate section of the main floor provides its own distinct experience, complete with a reception desk, waiting area, comfortable sitting space, and a functional kitchen-perfect for client flow and business versatility. Parking is a standout feature, with ample street parking, convenient rear alley access, and a private parking spot located just outside the back door. Upstairs, a spacious three-bedroom apartment offers excellent additional income potential or owner-occupancy. The unit features new windows, generously sized rooms, and a large eat-in kitchen. Modern mechanical updates include a tankless water heater, separate furnace, and a stacked front-loading washer and dryer for added convenience. This turnkey property combines historic charm, modern upgrades, and multiple income streams-all in a prime downtown location.
  1. Listed by Jill Hess • RE/MAX REALTY ASSOCIATES-CHA
    P: (217)-417-8177 C: (217)-417-8177 jill@thejillhessteam.com

Property Details for 106 Washington Street

Area
Southern Champaign County / Douglas County
Township
Philo
Air Conditioning Type
Central Air
Num of Interior Fireplaces
0
LISTING UPDATED: 03/31/2026 03:05 AM

Property Details for 106 Washington Street

StatusNew
MLS #12603955
Days on Market6
Taxes$2,324 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1909
Lot Size0.06 AC / 2,733 SF
CountyChampaign County
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Location

Listing Courtesy of RE/MAX REALTY ASSOCIATES-CHA
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Building Information for 106 Washington Street

Stories2Residences1Year Built1909Lot Size0.06 AC / 2,733 SF

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$2,135 per month

30 year fixed, 6.11% Interest

Principal and Interest

$1,941

Property Taxes

$194

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 106 Washington Street

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces,Parking-Street
Owner
  • Owner Pays: Trash Collection, Water, Other
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Central Illinois
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Other
  • Flooring: Vinyl
  • # Of Washers: 2
  • Grid: 0
  • Heat/Ventilation: Gas
  • # Of Window/Ac: 0
  • # Of Refrigerators: 2
  • Washer/Dryer Lsd: No
  • # Of Dryers: 2
  • # Of Dishwashers: 1
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
Utilities / Equipment
  • Sewer: Septic Tank
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Air Conditioning, Electricity, Heat, All Utilities
  • Built Before 1978: Yes
  • Approximate Age: New Rehab
  • Lot Dimensions: 40x80x40x82.3
  • Lot Size Square Feet: 2733.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Fire Protection: Carbon Monoxide Detector(s)
  • # Of Offices: 0
  • Retail SqFt: 1560
  • # Of Ranges: 1
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
Property and Assessments
  • Public Document Count: 2
  • Document Date: 2026-03-30T16:40:41
  • Photos Count: 41
Miscellaneous
  • Location: Central Business District
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Green Features
  • Green Energy Efficient: Water Heater
Multi Family
Multi-Family Information
  • Number Of Units Total: 1
Income & Expenses
  • Electric Expense: $4,200.00
  • Fuel Expense: $.00
  • Gross Income: $4,500.00
  • Gross Scheduled Income: $54,000.00
  • Insurance Expense: $5,645.00
  • Known Encumbrances: First Mortgage
  • Insurance Expense Source: Actual
  • Total Monthly Income: 3647
  • Water Expense Source: Actual
  • Operating Expense: $10,241.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $396.00

Property History for 106 Washington Street

DateEvent & SourcePriceAppreciation
Mar 28, 2026

Listed (Active)

MRED #12603955

$400,000—
Jun 15, 2011

Sold (Public Record)

Public Record #312006909

$67,000

+1.2% / yr

Aug 21, 1996

Sold (Public Record)

Public Record #310882358

$56,000—
DateEvent & SourcePrice
03/28/2026

Listed (Active)

MRED #12603955

$400,000
06/15/2011

Sold (Public Record)

Public Record #312006909

$67,000

+1.2% / yr

08/21/1996

Sold (Public Record)

Public Record #310882358

$56,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 106 Washington Street

Taxable ValueLand$3,230Additions$35,700Total$38,930
Tax Record2024$2,324 ($194 / month)
Home Facts
StyleMulti-Family Dwelling (2-4)CountyCHAMPAIGNAPN192723152011

Schools near 106 Washington Street

This home is within Tolono Community Unit School District 7.
Rating
School
Type
Grades
Distance
Unity East
Public - PK to 5
Unity Jr High School
Public - 6 to 8
Unity High School
Public - 9 to 12
Unity West
Public - K to 5
Rating
School
Distance
Unity East
PublicPK to 5

Unity Jr High School
Public6 to 8

Unity High School
Public9 to 12

Unity West
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 106 Washington Street, Philo, IL 61864

106 Washington Street is a mixed use property for sale in Philo, IL 61864. This property was listed for sale on March 28, 2026 by RE/MAX REALTY ASSOCIATES-CHA, it's currently listed at $400,000. It has been on the market for a total of 6 days and was last sold on June 15, 2011. This listing's school district is Tolono Community Unit School District 7. Nearby schools include Unity East, Unity Jr High School and Unity High School. 106 Washington Street is a 0-bed, 0-bath, mixed use property built in 1909.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX REALTY ASSOCIATES-CHA

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 03/31/2026 03:05 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.