Mixed-Use Property with Retail
New
For Sale
$265,000
120 W Union Avenue, Litchfield, IL 62056
Commercial Sale, Litchfield, IL
Property SizeContact for details
Lot Size0.25 Acres
Days on Market1
Property Features for 120 W Union Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Off Street, Parking Lot
Subdivision
City/Litchfield
Standard status
Active
APN
10-33-358-026
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
1873
Utilities
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Amenities
private off-street customer parking
operational elevator
dumbwaiter
separately metered
Building Details
Building materials
Brick
Listing Agency:
RE/MAX Alliance · RE/MAX International
(618) 635-2900
Listed By:
Mark Roberts · License #475208136
(618) 603-6151
Added: Oct 17
Last Checked: Oct 17 at 7:06AM
MLS# 26066863
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This mixed-use building combines an indoor flea market and antique retail operation with an upstairs apartment. The commercial area has more than 40 active vendor booths and can be arranged as two separate storefronts. A modernized apartment features hardwood flooring and an open living area, with its own access. An elevator and dumbwaiter serve the building, and individual spaces have separate meters. Two more upstairs areas have electrical and water rough-ins; any buildout would be subject to applicable approvals and permitting.
The property sits along Route 16 and includes off-street customer parking. The brick building has natural gas forced-air heat, central air conditioning, and public water on a 0.2545-acre parcel.
The property sits along Route 16 and includes off-street customer parking. The brick building has natural gas forced-air heat, central air conditioning, and public water on a 0.2545-acre parcel.
Key Highlights
- More than 40 active vendor booths in the indoor market
- Commercial space can be configured as two storefronts
- Renovated upstairs apartment with hardwood floors and open living space
Property Analytics
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Current Use
Lease Details
1
Residential units
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
518
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - An indoor market has more than 40 vendor booths, alongside a renovated upstairs apartment.
Where is this mixed-use property located?
The property is located at 120 W Union Avenue Litchfield, IL.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: More than 40 active vendor booths in the indoor market; Commercial space can be configured as two storefronts; Renovated upstairs apartment with hardwood floors and open living space
