Property summary
This exceptional commercial property, located at 108 W Union Avenue in Litchfield, Illinois, presents a unique investment opportunity. Situated on a 0.06-acre lot with high visibility on IL Rt. 16, this building previously served as a call center/office space. The building's versatile layout offers significant potential for a variety of commercial uses, allowing for creative adaptation to suit your specific business needs. Its prominent location ensures excellent exposure to a high volume of traffic, providing unparalleled visibility for your business. A key advantage is the interior access connecting this property to 415 N State Street, offering the possibility of expanding your footprint by acquiring the adjacent property. This presents a rare chance to secure a larger commercial space in a desirable location. A 2023 appraisal is available for review, providing detailed insights into the property's value and potential. Don't miss this chance to transform this building into a thriving commercial enterprise. The property is priced competitively at $32,000, making it an attractive investment opportunity. Contact us today to schedule a viewing and explore the possibilities.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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