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Price cut: $350,000
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Mixed Use · Washington, IL
$4,900,000$5,250,000
beds · baths
140 Washington Square, Washington, IL, 61571
A brick-and-mortar place to make your own — room to make it home.
Active

What’s special

Central air
**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.
— the listing agent’s description

The home

Built in 1917
Lot 80' x 49' x 80' x 49' + 20' x 53' x 20' x 53'
Mixed Use

What it’ll cost

$7,865 taxes / yr
No HOA
Listed $5,250,000
Now $4,900,000
191 days on dwello

Estimated monthly payment

$28,138/mo
Principal & interest$26,054
Property taxes$655
Homeowners insurance$1,429
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Tour this home

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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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191 days on dwello
Price history
Price reduced
Jun 3, 2026
↓ $350,000$4,900,000
Listed for sale
Nov 25, 2025
$5,250,000
Now $350,000 below the original list price.
Property taxes
2025
Annual tax bill (MLS)
$7,865/yr
From county records — verify with the assessor.

Features

Central AirBrick
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by John Dunholter · Brummel Properties, Inc.
Listing last updated Jun 3, 2026 · data refreshed from the MLS Jun 17, 2026, 6:23 PM CT
Based on information submitted to the MLS GRID as of Jun 17, 2026, 6:23 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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