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Mixed-Use Building with Salon
For Sale
$205,000

123 E Union Avenue, Litchfield, IL 62056

Operating salon and spa occupy the main level, with a separately entered apartment above.

Property SizeContact for details
Days on Market139

Property Features for 123 E Union Avenue

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $2,447

Building Details

Buildings 1
Listing Agency: Century 21 Reid Baugher Realty
Listed By: Lori Reid-Gardner · License #471001562
Source: Century21laclede
Added: Mar 24 Changed: Aug 7 Last Checked: Aug 8 at 11:10AM

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 Century 21 Reid Baugher Realty

Investment Insights

Based on property information with market context.

Located at 123 E Union Avenue in Litchfield, Illinois, this mixed-use building combines an operating salon and spa on the main floor with a two-bedroom, one-bath apartment upstairs. The commercial area includes a private treatment room added in 2023, along with a recently installed heating and A/C system. A storage room on the main level is available to both commercial and residential occupants.

The apartment has its own entrance and is currently tenant-occupied. Two private parking spaces accompany the property, providing dedicated parking in the downtown setting. The separation between the commercial and residential areas supports distinct occupancy arrangements within one building.

Key Highlights

  • Main‑level operating salon and spa
  • Two‑bedroom, one‑bath apartment with separate entrance
  • Apartment is currently tenant‑occupied

Property Analytics

Current Use

House of Glow Hair Salon L Co Hair Salon

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Operating salon and spa occupy the main level, with a separately entered apartment above.
Where is this mixed-use property located?
The property is located at 123 E Union Avenue Litchfield, IL.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: Main‑level operating salon and spa; Two‑bedroom, one‑bath apartment with separate entrance; Apartment is currently tenant‑occupied
More about this property
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