140 Washington Square

$5,250,000
Price
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Beds
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Baths
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— / Sq. Ft.
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Sq. Ft.
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per Sq. Ft.

Description

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...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.
  1. Listed by John Dunholter • Brummel Properties, Inc.
    P: (630)-399-1290 C: (630)-399-1290 johndunholter@gmail.com
  2. Listed by Laura Tomsa • Brummel Properties, Inc.
    P: (630)-347-3207 C: (630)-347-3207 Laura@brummelproperties.com;Lauratomsa@me.com

Property Details for 140 Washington Square

Area
Washington
Township
Washington
Air Conditioning Type
Central Air
LISTING UPDATED: 12/04/2025 02:49 PM

Property Details for 140 Washington Square

StatusActive
MLS #12522519
Days on Market45
Taxes$7,865 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1917
Lot Size0.11 AC / 4,832 SF
CountyTazewell County

Location

Listing Courtesy of Brummel Properties, Inc.
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Building Information for 140 Washington Square

Stories2Residences5Year Built1917Lot Size0.11 AC / 4,832 SF

Payment Calculator

$26,598 per month

30 year fixed, 6.28% Interest

Principal and Interest

$25,942

Property Taxes

$655

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 140 Washington Square

General Information
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Out of Area
  • Information: List Broker Must Accompany,48-Hr Notice Required,Non-Disclosure Agreement,No Sign on Property,Highly Confidential
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Service - 201 to 600 Amps
  • Heat/Ventilation: Forced Air,Gas
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 4
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: New Rehab
  • Lot Dimensions: 80' x 49' x 80' x 49' + 20' x 53' x 20' x 53'
  • Lot Size Square Feet: 4832.0
  • Stories: 2
  • Construction: Brick
  • Fire Protection: Sprinklers-Wet
  • Building Area Total: 10510
  • # Of Offices: 0
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
  • MRD_UNC: No
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 48
Miscellaneous
  • Current Use: Commercial
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Total Monthly Income: 0
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 140 Washington Square

DateEvent & SourcePriceAppreciation
Nov 25, 2025

Listed (Active)

MRED #12522519

$5,250,000—
Oct 24, 2011

Sold (Public Record)

Public Record #323180869

$155,000—
DateEvent & SourcePrice
11/25/2025

Listed (Active)

MRED #12522519

$5,250,000
10/24/2011

Sold (Public Record)

Public Record #323180869

$155,000

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

Public Records for 140 Washington Square

Taxable ValueLand$94,830Additions-Total$94,830
Tax Record2024$7,865 ($655 / month)
Home Facts
Total Finished SqFt3,659 SqFtAbove Grade Finished SqFt3,659 SqFtLot Size4,792 SqFtStyleCommercialYear Built1950CountyTAZEWELLAPN02-02-24-108-016

Schools near 140 Washington Square

This home is within Washington School District 52.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Lincoln Grade School
PublicPK to 4

Washington Middle School
Public5 to 8

Washington Community High School
Public9 to 12

St Patrick School
PrivatePK to 8

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.

Similar Homes

Similar Sold Homes

140 Washington Square is a mixed use property for sale in Washington, IL 61571. This property was listed for sale on November 25, 2025 by Brummel Properties, Inc., it's currently listed at $5,250,000. It has been on the market for a total of 45 days and was last sold on October 24, 2011. This listing's school districts are Washington School District 52, Washington Chsd 308 School District. Nearby schools include Lincoln Grade School, Washington Middle School and Washington Community High School. 140 Washington Square is a 0-bed, 0-bath, mixed use property built in 1917.

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 Brummel Properties, Inc.

Based on information from one of the following Multiple Listing Services: RMLS Alliance. 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 RMLS Alliance 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.