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    Thunderbird Cir Litchfield, IL 62056

    Sponsored
    For Sale
    $225,000

    2-Acre C-2 Commercial Site, I-55 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2-acre commercial land parcel presents a prime development opportunity in Litchfield, Illinois. Strategically located in Montgomery County, this property boasts a highly desirable C-2 commercial zoning designation, opening doors to a wide range of commercial ventures. The site is situated directly between the major metropolitan areas of St. Louis, Missouri, and Springfield, Illinois, ensuring excellent regional accessibility and a robust potential customer base. Its prime location offers exceptional visibility and convenient access from Interstate 55 (Exit 52), a major thoroughfare with an impressive average daily traffic count of 25,600 vehicles. The property's location within a Tax Increment Financing (TIF) district and an Enterprise Zone provides significant financial incentives for developers, further enhancing its investment appeal. This location is already home to numerous established national retailers and restaurant/hotel chains, including Walmart, Aldi, and Dollar Tree, creating a thriving commercial environment. The APN is 10-32-351-005. This is a rare opportunity to acquire a well-positioned, highly visible commercial site with substantial development potential. Don't miss out on this chance to capitalize on the growth and opportunity in this dynamic location.

    Property Features for 0 Thunderbird Cir

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • 2‑acre development site.
    • Prime location between St. Louis, MO and Springfield, IL.
    • Strong tenant mix including Walmart, Aldi, and Dollar Tree.
    • High visibility & accessibility from I‑55 (Exit 52), 25,600 ADT.
    • C‑2 Commercial zoning.
    • Located in a Tax Increment Financing (TIF) District.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Litchfield
    County
    Montgomery
    State
    Illinois
    Longitude
    -89.6763395
    Latitude
    39.1795092

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    FAQs

    What type of property is this?
    Land - 2-Acre C-2 Commercial Site, I-55 Access
    Where is this land located?
    The property is located at Thunderbird Cir Litchfield, IL.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: 2-acre development site.; Prime location between St. Louis, MO and Springfield, IL.; Strong tenant mix including Walmart, Aldi, and Dollar Tree.
    Request Owner's contact information
    Thunderbird Cir Litchfield, IL 62056
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thunderbird Cir Litchfield, IL 62056
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