Litchfield, IL Residential income properties for sale

Well-Maintained Triplex with Income Potential

$120,000

1,750 SF

Well-Maintained Triplex with Income Potential

226 S Harrison Street, Litchfield, IL 62056

Triplex with one vacant unit and reliable cash flow.

One vacant unit is ready for immediate occupancy or rental.
Income‑generating triplex with two units currently rented, providing reliable cash flow.
New roof (two years old) ensures reduced maintenance costs.
Newer water heaters (installed last year) in all three units enhance efficiency.
Well‑maintained property presents a solid investment opportunity.

Updated: Apr 11, 2025

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$365,900

8,015 SF

8,015 SF Mixed-Use Building

117 E Union Ave, Litchfield, IL

Mixed-use building with restaurant, retail, and apartment units.

Investment opportunity with an 8,015 SF building and multiple income streams from existing tenants (restaurant, pizza maker, apartments).
Located in a TIF area, offering potential tax benefits and development incentives.
Two 900 SF street‑level spaces available for lease, providing immediate income potential.
Four upstairs apartments, with two currently leased and two under renovation, offering further income potential.
High‑traffic location on IL Route 16 (E Union Ave) directly across from the Square and Memorial Gardens.

Updated: Aug 26, 2024

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Litchfield, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

$349,900

2,069 SF

Ranch Duplex with Attached Garage

Two separate units under one roof offer remodeled rental flexibility plus a screened porch and 3-car attached garage.

920 E Beaumont Avenue, Greenville, IL 62246

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$245,000

2,342 SF

Two-Unit Duplex and Manufactured Home

Duplex plus manufactured home on three parcels with month-to-month tenants and included water/sewer/trash.

307 Sandbach, Worden, IL 62097

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$319,000

Greenville Mixed-Use Investment Opportunity

Retail space and four apartments in downtown Greenville, Illinois.

118 W Main Street, Greenville, IL 62246

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Investment Opportunity: Multiple Residences

$245,000

2,342 SF

Investment Opportunity: Multiple Residences

Three parcels with rental potential: duplex and manufactured home.

307 Sandbach, Worden, IL 62097

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

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0.20 Acres

Residential Corner Lot in Gillespie

Well-maintained corner lot, ideal for building a dream home.

305 Shelby Street, Gillespie, IL 62033

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$197,500

7.90 Acres

7.9 Acres Within City Limits

7.9-acre agricultural land within city limits, ideal for various uses.

Tbd S 8th, Benld, IL 62009

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1.15 Acres

Gillespie Land in Turtle Creek

1.15 acre lot in Turtle Creek Estates.

Xxx Tortoise Trail, Gillespie, IL 62033

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Residential Lot in Carlinville, IL

Residential lot ready for new construction in Carlinville, Illinois.

EASTLAND Court lot: 5, Carlinville, IL 62626

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Litchfield, IL Residential Income Properties Investment Opportunities Market Analysis

Explore 2 residential income properties for sale in Litchfield, IL on our real estate platform. These investment opportunities span a total of 9,765 square feet of properties for sale, with an estimated market value of $485,900.

Sale prices for residential income properties in Litchfield, IL start at $120,000, averaging $242,950, and reaching up to $365,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
62056	$100K

Neighborhood

Average Price

62056

$100K

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