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106 W Washington Street Philo, IL 61864

$400,000
Active / MLS# 12603955 / Commercial - Business / Philo
0 Beds

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.

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Property Details

Property Type: Commercial - Business
Cooling: Central Air
Lot Size: 0.06 Acres
Stories: 2.0
Taxes: $2,324
Year Built: 1909

Feature Descriptions

Electric: Other
Exterior: Brick
Fire Protection: Carbon Monoxide Detector(s)
Flooring: Vinyl
Frontage Type: City Street
HVAC: Gas
Location: Central Business District
Lot Dimensions: 40x80x40x82.3
Number of Tenant(s): 1
Parcel#: 192723152011
Parking: 1-5 Spaces, Parking-Street
Tenant Pays: Air Conditioning, Electricity, Heat, All Utilities
Units: 1

Location

See details and scored characteristics about this location.

Listing Office: RE/MAX REALTY ASSOCIATES-CHA



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