Three-Story Flex
New
For Sale
$350,000
407 W Ryder Street, Litchfield, IL 62056
Commercial Sale, Litchfield, IL
Property SizeContact for details
Lot Size0.96 Acres
Days on Market2
Property Features for 407 W Ryder Street
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
City/Litchfield
Standard status
Active
APN
10-33-359-006
Lot size
0.96 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOTS 1-2 & 6-8 (EX N107' W16' LOT 2) BLK 24 LOTS IN LITCHFIELD 9-5-920 & 924 S T00 R
Tax Annual Amount
4334
Legal Description
LOTS 1-2 & 6-8 (EX N107' W16' LOT 2) BLK 24 LOTS IN LITCHFIELD 9-5-920 & 924 S T00 R
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1940
Floors in Building
3
Flooring type
Carpet, Vinyl, Concrete
Building materials
Brick
Listing Agency:
RE/MAX Alliance · RE/MAX International
(618) 635-2900
Listed By:
Mike Mihelcic · License #475155256
(618) 975-6043
Added: Aug 24
Changed: Aug 25
Last Checked: Aug 25 at 12:06PM
MLS# 26023432
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Investment Insights
Based on property information with market context.
This brick flex-space property contains over 20,000 square feet across three stories on approximately 0.9623 acres. The first floor is configured with office areas and bathrooms, while two additional full floors provide space for storage, manufacturing, business operations, or leasing. Concrete, carpet, and vinyl flooring are present throughout the building. The property was built in 1940 and has received a new roof and new vinyl windows throughout.
Located at 407 W Ryder Street in Litchfield, Illinois, the building has forced-air heating, central air, and public water service. Its former grocery distribution center configuration provides a substantial multi-level footprint for a range of flex-space requirements.
Located at 407 W Ryder Street in Litchfield, Illinois, the building has forced-air heating, central air, and public water service. Its former grocery distribution center configuration provides a substantial multi-level footprint for a range of flex-space requirements.
Key Highlights
- Over 20,000 square feet across three stories
- First floor includes office space and bathrooms
- Two additional full floors for storage, manufacturing, operations, or leasing
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
652
Businesses Nearby
Under-served
Demand for This Use
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Office-ready ground level with bathrooms and two upper floors for additional uses.
Where is this flex space located?
The property is located at 407 W Ryder Street Litchfield, IL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Over 20,000 square feet across three stories; First floor includes office space and bathrooms; Two additional full floors for storage, manufacturing, operations, or leasing
