414 Old Route 66 N, Litchfield, IL 62056
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.