Property profile

407 W Ryder St Litchfield, IL 62056

FOR SALE
Other commercial real estate
Property ID
US28-3545795
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a commercial building in Litchfield, Illinois, providing over 20,000 square feet of space arranged across three stories on a 0.9623-acre lot. It was originally constructed as a grocery distribution center. The first floor is configured as functional office space with bathrooms, while the upper two floors provide additional area that can support uses such as expansion space, storage, light manufacturing, or leasing for supplementary occupancy. The building includes a replaced roof and vinyl windows installed throughout.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
APN 10-33-359-006
UPID US28-3545795

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company General Contractor

Location

407 W Ryder St Litchfield, IL 62056
Litchfield metro Census 957800
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2024
Last sale
$40,000
1 recorded transaction
2024
$40,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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