Retail Business for Sale in Washington, IL

  • Price: $199K
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Washington, IL 61571

Description

Eastgate Land - Offering Memorandum1

Market Context

This retail in Washington, IL is listed for sale at $198,634. It has been on the market for 41 days. Compare it against other retail listings for sale in Washington, IL — <a href="/search/sale/retail/illinois/washington">view the full market</a>.

As of Q4 2025, the Washington D.C. retail market showed a 3.4% vacancy rate, average asking rents near $34.00/SF/yr, rents up 2.4% year over year, and cap rates around 6.8%. Source: Www.matthews.com Q4 2025 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

What is the typical cap rate for retail in Washington D.C.?
About 6.8% as of Q4 2025, per Www.matthews.com.
Is the Washington D.C. retail market tightening or softening?
Vacancy is around 3.4%, with asking rents rising year over year (Q4 2025).

Unified Estimate

Medium Confidence

$28.90/SF – $39.10/SF

Mid: $34.00/SF

Rate estimator only; cost-of-business estimate unavailable.

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