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    705 N Jefferson St Litchfield, IL 62056

    For Sale
    $295,000

    Commercial Sale - Litchfield, IL

    Lot size:
    1.61 Acres
    Days on Market:
    132
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 705 N Jefferson St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Smoke Detector(s)
    APN
    10-33-314-001
    Exterior features
    Fencing
    Fencing
    Fenced
    Lot size
    1.61 Acres

    Utilities

    Heating system
    Hot Water (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1963
    Building materials
    Brick
    Architectural style
    Other

    Real Broker, LLC (855) 450-0442 [email protected]

    Listing agent Darin Revermann (630) 423-5891 License #475.179348

    Listing date Jul 28, 2025

    MLS# 25051675 Listing URL

    Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Former School with Adaptable Layout

    Located in Litchfield, Illinois, this property offers a versatile space with potential for various uses. Previously an elementary school, the property spans 1.6 acres. The building features 13 classrooms, each measuring 40x30. It also includes a business office, separate men's and women's restrooms, and shower rooms. A 50x100 gym or gathering area provides space for events. Constructed with brick and block, the facility includes a fenced-in playground. The adaptable layout makes this property suitable for a daycare, school, or church.
    Property Profile Location Intelligence

    Current Use by Public Records

    Schools

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Litchfield
    County
    Montgomery
    State
    Illinois
    Longitude
    -89.65810452
    Latitude
    39.17990553

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    FAQs

    What type of property is this?
    School - Versatile commercial property in Litchfield, Illinois, suitable for various uses.
    Where is this school located?
    The property is located at 705 N Jefferson St Litchfield, IL.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: - 1.6-acre property in a prime, accessible location in the heart of Litchfield, IL.; - Large 50x100 gym/gathering area suitable for events.; - 13 spacious 40x30 classrooms offering adaptable space.
    (630) 423-5891
    Request Owner's contact information
    705 N Jefferson St Litchfield, IL 62056
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    Litchfield, IL 62056
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    705 N Jefferson St Litchfield, IL 62056
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