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$450,000
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Property Description
The well-known Boomerangs Bar & Grill building is ready for new owners! This building has so much to offer with room for great potential. Inside the restaurant you'll find 3,024 square feet with 6 gaming machines, a live music space, and a nice outdoor patio space. There is an additional 1,539 square feet in the 3 garage bays, which could be used for additional capacity for seating or could be rented out for additional income. The business can be purchased for an additional cost. Contact us with questions or to schedule a showing!
Full Property Details
Full Property Details for 1309 E Washington St
General
- Price: $450,000
- Taxes: $9,583 (2023)
- Status: Active
- Type: Business
- Source: MRED
- MLS ID: 12345636
- Updated: 12/22/2025
- Added to Site: 312 day(s) ago
Business
- Name: BOOMERANGS BAR AND GRILL
- Business Type: Food & Beverage, Restaurant
- Years in Business: 11 or More
Location
- Area: Urbana
- County: Champaign
- Driving Directions: Heading northwest on Philo Rd. turn east onto Washington St. The property will be located on the south side of the road.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat
Structural Information
- Stories/Levels: 1
- Square Feet: 4,563
Lot Features
- Lot Size (Sq. Ft.): 22,726
- Lot Size Range: .50 to .99 Acre
- Lot Dimensions: 150 x 151
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $9,583.6
- Tax Year: 2023
Disclosures and Reports
- Property ID: 922116327017
Listed by Keller Williams-Trec
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Schools
Schools serving 1309 E Washington St
School District:Urbana School District 116
| Name | Grades | Distance |
|---|---|---|
DR Preston L Williams Jr Elementary School 2102 East Washington Street, Urbana, IL 61802 | K-5 | 0.7 mi |
Urbana Middle School 1201 South Vine Street, Urbana, IL 61801 | 6-8 | 0.8 mi |
Urbana High School 1002 South Race Street, Urbana, IL 61801 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1309 E Washington St
Date
Details
Price
Change
Source
12/16/2025
Price Reduced
$450,000
-9.98%
MLS
4/22/2025
Listed
$499,900
81.78%
MLS
1/31/2011
Sold
$275,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1309 E Washington St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,806
5%
$95,070
10%
2023
$9,366
8%
$86,750
9%
2022
$8,646
8%
$79,880
7%
2021
$8,037
3%
$74,450
3%
2020
$7,776
11%
$72,290
8%
2019
$6,994
20%
$66,930
18%
2018
$5,850
5%
$56,630
8%
2017
$5,581
1%
$52,220
—
2016
$5,550
-1%
$52,220
—
2015
$5,612
1%
$52,220
—
2014
$5,536
1%
$52,220
—
2013
$5,463
12%
$52,220
—
2012
$4,893
—
$52,220
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1309 E Washington St
1309 E Washington Street, Urbana, IL 61802 (MLS# 12345636) is a Business property. 1309 E Washington Street is currently listed for $450,000 and was received on April 22, 2025. Want to learn more about 1309 E Washington Street? Do you have questions about finding other Business real estate for sale in Urbana? You can browse all Urbana real estate or contact a Coldwell Banker agent to request more information.
