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    1403-1404 W Ferndon St Litchfield, IL

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    For Lease
    Contact for pricing

    Retail spaces available within a Walmart shadow-anchored center.

    Property size:
    4,581 SF
    Lot size:
    6.71 Acres

    Property Features for 1403-1404 W Ferndon St

    General Information

    Size
    4,581 SF
    Lot size
    6.71 Acres

    Source: LOCATION. Commercial Real Estate Agent Joe Lodes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Litchfield Center

    Space is available for lease within a Walmart shadow-anchored center located in Litchfield, Illinois. Current tenants include Dollar Tree, Rent a Center, and Subway. A former restaurant space is available. Shop space is available in sizes ranging from 1,423 square feet to 12,000 square feet. The property offers opportunities for various retail and restaurant businesses.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Map

    City
    Litchfield
    County
    Montgomery
    State
    Illinois
    Longitude
    -89.6542579
    Latitude
    39.1753256

    Nearby Similar for Lease

    • Contact for pricing
      34,522 SF

      Litchfield Crossing Retail Space

      Prime Litchfield, IL retail space available. Multiple units, various sizes.
      1403 Ferdon St, Litchfield, IL 62056
      View Details

    FAQs

    What type of property is this?
    Strip mall - Retail spaces available within a Walmart shadow-anchored center.
    Where is this strip mall located?
    The property is located at 1403-1404 W Ferndon St Litchfield, IL.
    What are key features of this property?
    This property features: - Space available for lease in Walmart shadow-anchored center.; - Join established tenants Dollar Tree, Rent a Center, and Subway.; - Former restaurant space available.
    (314) 852-8234
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    1403-1404 W Ferndon St Litchfield, IL
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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
    1403-1404 W Ferndon St Litchfield, IL
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