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$475,000
120 W Union Ave, Litchfield, IL 62056
0 Beds
0 Baths
n/a SqFt

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3-story free-standing building on approx 11,000 sq ft corner. Currently a general, commercial, mixed-use building of retail & residential w/parking lot. Rare opportunity to acquire a large, high visibility corner in an urban downtown business corridor location. Located in downtown Litchfield near historic Route 66. Highly visible frontage on 2 sides. Fantastic traffic exposure daily. 1st floor can be divided into multiple store fronts. 2nd floor has a finished 2200 sq ft 3 bed/2 bath apt with a month to month tenant & private access. New owner can complete the buildout of 2 add'l 2nd floor apts for add'l potential income. Impeccably maintained. Many various renovations & updates completed: New commercial grade rubber roof installed 2012. Various doors, windows, flooring, kitchenette, plumbing, electric, furnace, hot water heater, painting, lighting fixtures, tuck pointing & parking lot surround fence. XL service elevator & dumb waiter function, conveyed in As-Is condition.
  • Price:
  • $475,000
  • Acreage:
  • 0.25
  • Listing ID #:
  • MAR22052956
  • Street Address:
  • 120 W Union Ave
  • City:
  • Litchfield
  • State:
  • Illinois
  • Postal Code:
  • 62056
  • County:
  • Montgomery-Il
  • Subdivision:
  • Na
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Construction Type:
  • Conventional
  • Documents On Hand:
  • Aerial Photos, Survey
  • Conforms To Zoning:
  • C-2
  • Existing Land Use:
  • Two Stories, Apartment, Mixed Use, Residential, Retail
  • Lot Square Footage:
  • 11086
  • Road Frontage Type:
  • City Street, State Road
  • Suitable Use:
  • Building Trades/Serv, Food Store, Office, Personal Service, Professional Service, Residential, Retail
  • Days On Market:
  • 79
  • Included In Sale:
  • Building & Land, Some Equipment, Some Fixtures, Some Inventory
  • Originating Mls:
  • Maris
  • Subdivision:
  • Na
  • Property Taxes:
  • $1,695
  • Tax Year:
  • 2021
  • Parking Description:
  • Gravel, Parking Lot
  • Cooling System:
  • Electric
  • Electricity:
  • 220 Volts
  • Existing Water:
  • Public
  • Heating:
  • Forced Air
  • Sewage Type:
  • Public Sewer
  • Utilities:
  • Water Available, Sewer Available
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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: Baird & Warner
  • MOMARIS