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    FOR SALE
    Commercial real estate

    414 Old Route 66 N, Litchfield, IL 62056

    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US28-3636548
    Property summary
    AI-generated overview

    This exceptional 0.96-acre commercial land parcel presents a remarkable redevelopment opportunity in Litchfield, Illinois. Strategically located at 414 Old Route 66 North, this property boasts a highly visible corner location with excellent traffic flow. The site is zoned for commercial use and offers significant potential for a variety of businesses. Its prime position across from the renowned Route 66 Museum ensures high visibility and accessibility. The property benefits from substantial traffic counts, with 1,600 average daily trips (ADT) on Old Route 66 and 8,750 ADT on West Union Avenue, providing ample exposure to potential customers. This makes it an excellent site for retail establishments, banking institutions, convenience stores, or other service-based companies seeking a high-traffic location. The asking price is $600,000. The property's APN is 10-32-456-019. This is a rare opportunity to acquire a highly desirable commercial lot in a thriving community. Don't miss out on this chance to establish your business in a prime location on historic Route 66.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    APN 10-32-456-019
    UPID US28-3636548
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Mhf Properties LLC · 1 yrs held
    Mhf Properties LLC
    since 2024
    3 recorded transactions
    2025
    2024
    2024
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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