Building Details

Building Size 20,532 SF

Year Built 1940

Buildings 1

Stories 3

Listing Agency: RE/MAX Alliance t***@gatewayhometeam.com Show Phone

Listed By: Mike Mihelcic · License #475155256 Show Phone

Source: Flowershomerealty

Added: Apr 30 Changed: Oct 23 Last Checked: Oct 23 at 1:26PM

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Investment Insights

Based on property information with market context.

This three-story mixed-use building contains 20,532 square feet and was built in 1940. The first floor is configured as office space with bathrooms, while each of the two upper floors spans a full floor. The building was originally used as a grocery distribution center. Recent improvements include a new roof and vinyl windows throughout.

The property is located on W Ryder Street in Litchfield, Illinois.

Key Highlights

• 20,532 SF across three stories
• First‑floor office space with bathrooms
• Two full floors above the office level

Property Analytics

Contact the owner directly Get the owner's phone numbers and email

Open Analytics

Current Use

Mr Paul's Metal ... Construction Company

Suggested Use

Top Pick Real Estate Agency Building Supply Parking Lot & Garage Kitchen & Bath Showroom Electrical Service Skin Care Clinic

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

517

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

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - The first floor has office space and bathrooms, with two full floors above for additional commercial space.

Where is this mixed-use property located?

The property is located at 407 W Ryder Street Litchfield, IL.

What is the asking price?

The asking price for this property is $299,900.

What are key features of this property?

This property features: 20,532 SF across three stories; First‑floor office space with bathrooms; Two full floors above the office level