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Two-Story Mixed-Use Building
For Sale
Contact for pricing
Pending

421 North State Street, Litchfield, IL 62056

Renovated retail space occupies the ground floor, with two updated apartments above.

Property SizeContact for details
Days on Market142

Property Features for 421 North State Street

General Information

Standard status Pending
Property subtype Special Purpose, Retail

Building Details

Buildings 1
Stories 2
Construction brick
Listing Agency: CENTURY 21 Reid Baugher Realty
Listed By: Lori Gardner · License #471.001562
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 9:11PM

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 421 North State Street in Litchfield, Illinois, this two-story brick property combines commercial and residential space. The lower level contains recently renovated retail space, while the upper floor includes two recently renovated apartments.

Residential layouts include a studio and a one-bedroom apartment with a large living room and separate kitchen. The property is reached from I-55 via exit 52, continuing east on Route 16/Union Avenue before turning onto State Street.

Key Highlights

  • Two‑story brick mixed‑use building
  • Recently renovated retail area on the lower level
  • Two recently renovated apartments on the upper level

Property Analytics

Current Use

HOMETOWN TREATS - N ... Grocery & Convenience Store

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 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 - Renovated retail space occupies the ground floor, with two updated apartments above.
Where is this mixed-use property located?
The property is located at 421 North State Street Litchfield, IL.
What are key features of this property?
This property features: Two‑story brick mixed‑use building; Recently renovated retail area on the lower level; Two recently renovated apartments on the upper level
More about this property
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