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120 W Union Avenue

LITCHFIELD, IL 62056
  • $475,000
  • STATUS: Active
  • ON SITE: 26 Days
  • ID#: 22052956
UPDATED: 17 min ago
$475,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
County:

School Ratings & Info

Description

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.

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Listing information © 2022 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2022-10-05T20:39:40.01.

Two Keys at RE/MAX Alliance: 618-581-4324
www.twokeysforhome.com/homes/132905577
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120 W Union Avenue LITCHFIELD, IL 62056

  • Price: $475,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 17 min ago
  • ID#: 22052956
0
Beds
0
Baths
0
½ Baths
0.25
Acres
County:
Montgomery-Il
Property Description
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.
Exterior Features

Attached Garage YN No Construction Materials Conventional Parking Features GravelParking Lot Road Frontage Type City StreetState Road Unit Location CityCorner LocationDowntownHigh Traffic

Interior Features

Cooling Electric Heating Forced Air Heating YN Yes

Property Features

Association Regional Mls Commercial Type Commercial LandRetail Current Use Two StoriesApartmentMixed UseResidentialRetail Development Status Unknown Disclosures UnknownNo Other Known Restr Documents Available Aerial PhotosSurvey Electric 220 Volts Inclusions Building & LandSome EquipmentSome FixturesSome Inventory Lease Term None Miscellaneous 2+ LavatoriesDisplay WindowExterior LightingFreight Elevator Net Operating Income 0 Operating Expense Includes ElectricityGasHeat/CoolingInsuranceReal Estate TaxWater/Sewer Possession Close Of EscrowImmediateNegotiable Possible Use Building Trades/ServFood StoreOfficePersonal ServiceProfessional ServiceResidentialRetail Property Sub Type Commercial & Indr. Sewer Public Sewer Special Listing Conditions No ExemptionsNone Tax Annual Amount 1695 Tax Year 2021 Transaction Type Sale Utilities Water AvailableSewer Available Water Source Public Zoning C-2

Listing provided courtesy of Baird & Warner: 7241855. Listing information © 2022 Mid America Regional Information Systems, Inc.
Listing information © 2022 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2022-10-05T20:39:40.01.

Two Keys at RE/MAX Alliance: 618-581-4324
 
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Two Keys at RE/MAX Alliance
120 South Buchanan
Edwardsville IL, 62025