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117 E Union Avenue, Litchfield, IL, 62056

Investment opportunity in the heart of downtown Litchfield. This two story commercial building is ideally located on a busy high visibility street and offers excellent income producing potential. The main level features a spacious commercial storefront that was previously utilized as a gaming establishment but the possibilities are endless. Whether your looking to open a retail shop, office space, salon, restaurant or another business venture, this versatile space is ready for your vision. The second level offers a remodeled one bed, one bath apartment that is nearing completion and just needs a few finishing touches before it is ready for rent. With separate residential and commercial opportunities under one roof, this property provides multiple avenues for generating income. Whether your an investor, entrepreneur, or someone looking to expand their portfolio, this downtown property offer tremendous potential and value. Don't miss your chance to own a building with endless possibilities and strong income producing potential.

Subdivision: Litchfield

List Price

$ 120,000

Status

Active

Days on market

0

MLS#

26039465

Bedrooms

0

Full baths

0

Subdivision

Litchfield

County

Montgomery

Property Type

Commercial Sale

Type

Commercial Sale

Additional Information

Property Tax (2024)

$1,008

Recent Nearby Sales in 62056

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
1013 N Jefferson Street, Litchfield, IL 62056 4/2 2,000 $82,500 $70,000
84.8% of ask
Sep 4, 2026
1003 N Walnut Street, Litchfield, IL 62056 2/1 1,348 $35,000 $36,000
102.9% of ask
Sep 3, 2026
12394 Roberson Road, Litchfield, IL 62056 3/2 1,931 $350,000 $350,000
100% of ask
Sep 1, 2026
707 N Madison Street, Litchfield, IL 62056 2/1 899 $12,000 $7,300
60.8% of ask
Aug 29, 2026
608 S Van Buren Street, Litchfield, IL 62056 2/1 1,432 $145,000 $147,000
101.4% of ask
Aug 28, 2026
615 E Buchanan Street, Litchfield, IL 62056 2/1 915 $55,000 $52,500
95.5% of ask
Aug 18, 2026

Price & Listing History

Listed for sale
Jun 21, 2026 at $125,000
Price reduced by $5,000 (4%)
From $125,000 to $120,000
Current status: Active
As of Sep 4, 2026 · $120,000

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