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    836 S Chestnut St Litchfield, IL 62056

    For Sale
    $135,000

    2-4 Units - Litchfield, IL

    Property size:
    2,072 SF
    Lot size:
    0.15 Acres
    Days on Market:
    54
    Last Refresh:
    Dec 7 at 2:06 pm

    Property Features for 836 S Chestnut St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    15-04-259-005
    Parking features
    Off Street
    Size
    2,072 SF
    Lot size
    0.15 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air, Electric, Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1950
    Number of units
    2
    Architectural style
    Other

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

    Listing agent Jake Kline (630) 423-5891 License #475184727

    Listing date Oct 15, 2025

    MLS# 25027493 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

    Litchfield Duplex with Income Potential

    This duplex presents a promising investment opportunity with immediate potential for increased revenue. The property contains 2072 square feet and is situated on a lot of approximately 0.1538 acres. One unit is currently vacant, offering flexibility for new rental terms or owner occupancy. The other unit is occupied by a long-term tenant on a month-to-month lease at below-market rent, presenting a clear path to increased revenue. This property is located in Litchfield, Illinois, in Montgomery County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -89.648035
    Latitude
    39.168634

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    FAQs

    What type of property is this?
    Duplex - Cash-flowing duplex with immediate upside in a thriving rental market.
    Where is this duplex located?
    The property is located at 836 S Chestnut St Litchfield, IL.
    What is the asking price?
    The asking price for this property is $135,000.
    What are key features of this property?
    This property features: - Cash-flowing duplex with immediate upside potential.; - One unit vacant, offering flexibility for owner occupancy or new rental terms.; - Long-term tenant in other unit with below-market rent, providing opportunity for increased revenue.
    (630) 423-5891
    Request Owner's contact information
    836 S Chestnut 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
    836 S Chestnut St Litchfield, IL 62056
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