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Mixed-Use Building with Apartments
For Sale
$180,000

209 N State Street, Litchfield, IL 62056

Downtown commercial property combining a salon, barber station, and two separately metered apartments.

Property Size3,968 SF
Days on Market27

Property Features for 209 N State Street

General Information

Standard status Active
Size 3,968 SF
Property subtype Commercial

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $2,894

Amenities

private parking

Building Details

Building Size 3,968 SF
Year Built 1900
Buildings 1
Stories 2
Listing Agency: Century 21 Reid Baugher Realty
Listed By: Kassidy Paine
Source: Nesterrealty
Added: Aug 6 Changed: Aug 30 Last Checked: Aug 31 at 5:10PM

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.

This downtown mixed-use building combines an operating salon with two renovated apartments. The commercial level includes a customer waiting area, spray tan room, tattoo and makeup station, hair-washing area, multiple cutting stations, a public restroom, and a utility area with washer and dryer. A separate barber station has its own entrance, while three building entrances serve the property overall.

Large display windows face State Street, and private parking is available behind the building. The two apartments are individually metered, with tenants responsible for their own water and electric service. The roof was installed in 2019, and all but one HVAC unit has been replaced within the last four years. Built in 1900, the property is located at 209 N State Street in downtown Litchfield, Illinois.

Key Highlights

  • Mixed‑use building at 209 N State Street in downtown Litchfield, IL
  • Commercial level includes salon, barber station, spray tan room, and tattoo/makeup station
  • Two renovated upstairs apartments with separate metering; tenants pay their own water and electric

Property Analytics

Current Use

Hair 51, LLC 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.

Lease Details

Turnkey business
Opportunity

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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Downtown commercial property combining a salon, barber station, and two separately metered apartments.
Where is this mixed-use property located?
The property is located at 209 N State Street Litchfield, IL.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Mixed‑use building at 209 N State Street in downtown Litchfield, IL; Commercial level includes salon, barber station, spray tan room, and tattoo/makeup station; Two renovated upstairs apartments with separate metering; tenants pay their own water and electric
More about this property
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