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Mixed-Use Property with Kitchen
For Sale
$80,000

115 E Union Avenue, Litchfield, IL 62056

Main-level commercial space pairs with an unfinished one-bedroom apartment above.

Property Size1,400 SF
Days on Market71

Property Features for 115 E Union Avenue

General Information

Standard status Active
Size 1,400 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $1,394

Building Details

Building Size 1,400 SF
Year Built 1915
Buildings 1
Stories 2
Listing Agency: Aumann Realty Inc
Listed By: Kimberly Blankenship · License #RASI
Source: Exit2newbeginningz
Added: Jun 21 Changed: Aug 29 Last Checked: Aug 29 at 4:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Aumann Realty Inc

Investment Insights

Based on property information with market context.

Built in 1915, this mixed-use property combines a commercial area on the ground floor with a residential apartment upstairs. The lower level is currently configured as a kitchen used to prepare frozen pizzas and can accommodate continued business use or leasing.

The upper unit includes one bedroom and one bathroom and requires finishing work. Its windows provide views toward downtown Litchfield. The property is located at 115 E Union Avenue within Litchfield’s downtown business district, on a high-traffic street.

Key Highlights

  • 1915 construction date
  • Main‑level commercial space currently configured as a kitchen
  • Kitchen is used to prepare frozen pizzas

Property Analytics

Current Use

J&J Vedio Games Electronics & Wireless Store

Suggested Use

Top Pick Real Estate Agency Plumbing Service Locksmith Electrical Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

518
Businesses Nearby

Demographics for 62056, IL

8,559
Population
4,095
Households
2.1
Avg Household Size
43
Median Age
26%
College-Educated
94%
High-School Grad
107.4 sq mi
ZIP Area
80
Density / Sq Mi
$62,705
Median Household Income
$39,511
Median Earnings
$655
Median Rent
$119,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Main-level commercial space pairs with an unfinished one-bedroom apartment above.
Where is this mixed-use property located?
The property is located at 115 E Union Avenue Litchfield, IL.
What is the asking price?
The asking price for this property is $80,000.
What are key features of this property?
This property features: 1915 construction date; Main‑level commercial space currently configured as a kitchen; Kitchen is used to prepare frozen pizzas
More about this property
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