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121 E Union Avenue

LITCHFIELD, IL 62056
  • $250,000
  • STATUS: Active
  • ON SITE: 16 Days
  • ID#: 26042233
UPDATED: 38 min ago
$250,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

**Triple-Income Investment Opportunity in Downtown Litchfield!** Don't miss this exceptional opportunity to own two income-producing buildings at **119 & 121 E. Union Avenue** in the heart of thriving downtown Litchfield. With multiple revenue streams already in place and room for future growth, this property is an outstanding investment. **121 E. Union Avenue** is home to a successful and well-established BBQ restaurant featuring a full commercial kitchen and a spacious dining area. A current lease is in place with the restaurant tenant and must be honored, providing immediate rental income from day one. Roof over restaurant is newer. **119 E. Union Avenue** features the beautifully designed dining room and bar area that complements the restaurant next door. Upstairs, you'll find **two occupied 1-bedroom, 1-bath apartments**, creating additional rental income. With some updates, the apartments offer the potential to be converted into **2-bedroom units**, increasing their rental value and appeal. Situated on one of the busiest streets in downtown Litchfield, with an average of 10,700 daily traffic volume, this unique property offers the rare opportunity to generate income from **commercial and residential tenants** while providing plenty of upside for future growth. Whether you're looking to expand your investment portfolio or secure a prime downtown property with established cash flow, this is an opportunity you won't want to miss! Current income and lease agreements can be provided to pre approved buyers agent

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Listing information © 2026 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2026-07-19T08:39:22.617.

Fusion Realty, LLC: 618.781.9170
www.fusionrealtyhomes.com/homes/178386441
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121 E Union Avenue LITCHFIELD, IL 62056

  • Price: $250,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 38 min ago
  • ID#: 26042233
0
Beds
0
Baths
0
½ Baths
0.05
Acres
Neighborhood:
Litchfield
County:
Montgomery
Property Description
**Triple-Income Investment Opportunity in Downtown Litchfield!** Don't miss this exceptional opportunity to own two income-producing buildings at **119 & 121 E. Union Avenue** in the heart of thriving downtown Litchfield. With multiple revenue streams already in place and room for future growth, this property is an outstanding investment. **121 E. Union Avenue** is home to a successful and well-established BBQ restaurant featuring a full commercial kitchen and a spacious dining area. A current lease is in place with the restaurant tenant and must be honored, providing immediate rental income from day one. Roof over restaurant is newer. **119 E. Union Avenue** features the beautifully designed dining room and bar area that complements the restaurant next door. Upstairs, you'll find **two occupied 1-bedroom, 1-bath apartments**, creating additional rental income. With some updates, the apartments offer the potential to be converted into **2-bedroom units**, increasing their rental value and appeal. Situated on one of the busiest streets in downtown Litchfield, with an average of 10,700 daily traffic volume, this unique property offers the rare opportunity to generate income from **commercial and residential tenants** while providing plenty of upside for future growth. Whether you're looking to expand your investment portfolio or secure a prime downtown property with established cash flow, this is an opportunity you won't want to miss! Current income and lease agreements can be provided to pre approved buyers agent
Exterior Features

Construction Materials Brick Lot Size Source Public Records

Interior Features

Cooling Other Heating Other Main And Upper Level Bathrooms 0 Main And Upper Level Bedrooms 0 Stories Total 1

Property Features

Association Southwestern Illinois Board of REALTORS Business Type Restaurant Current Use Restaurant Disclosures Other Electric Ameren Gross Income 3000 Listing Terms CashConventional Possible Use CommercialConvenience StoreGroceryRecreationalRestaurant Section NORTH LITCHFIELD TWP Special Listing Conditions Standard Tax Annual Amount 887 Tax Year 2024 Water Source Public

Listing provided courtesy of Aumann Realty Inc: 217-563-2523. Listing information © 2026 Mid America Regional Information Systems, Inc.
Listing information © 2026 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2026-07-19T08:39:22.617.

Fusion Realty, LLC: 618.781.9170
 
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