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$899,000
700 W Ferdon St, Litchfield, IL 62056
0 Beds
0 Baths
8,781 SqFt

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Investment Opportunity Awaits! 10 unit apartment complex available for purchase. Conveniently located close to shopping areas and easy access to Interstate 55. Units 1-4 were built in 2011 and Units 5-10 were built in 2016. New roof was installed 2021. Interiors have 9 ft walls, 36 doors, 5' turn radius per room, and no steps. Units 1-4 have small detached storage buildings and concrete patios. Units 5 and 10 have storage rooms off patio. Units 5-10 have covered patios. Each unit includes refrigerator, stove, and dishwasher. Washer dryer hookups available. For tenants ages 55+. Owners expenses: trash, mowing, and snow removal. Ask your agent for more information.
  • Price:
  • $899,000
  • Square Footage:
  • 8,781
  • Acreage:
  • 0.89
  • Year Built:
  • 2011
  • Listing ID #:
  • MAR22037288
  • Street Address:
  • 700 W Ferdon St
  • City:
  • Litchfield
  • State:
  • Illinois
  • Postal Code:
  • 62056
  • County:
  • Montgomery-Il
  • Subdivision:
  • Beeler 4th Add
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Construction Type:
  • Vinyl Siding
  • Finished Above Ground Square Footage:
  • 8781
  • Number Of Units:
  • 10
  • Year Built:
  • 2011
  • Approximate Lot Size Range Source:
  • County Records
  • Lot Square Footage:
  • 38768
  • Days On Market:
  • 113
  • Included In Sale:
  • Building & Land
  • Lease Terms:
  • Leases
  • Originating Mls:
  • Maris
  • Cross Street:
  • N Douglas St
  • Subdivision:
  • Beeler 4th Add
  • Property Taxes:
  • $20,135
  • Tax Year:
  • 2021
  • Tenant Pays:
  • Electricity, Gas, Water
  • Parking Description:
  • Accessible Parking, Parking Lot
  • Cooling System:
  • Electric
  • Existing Water:
  • Public
  • Heating:
  • Forced Air
  • Laundry:
  • Lndry Connect All Un
  • Sewage Type:
  • Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By: Montgomery County Realty
  • MOMARIS