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$ 499,000
Est. payment /mo
Active
121 E Union AVE Litchfield, IL 62056
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Not In A Subdivision
MLS Listing ID 25021520
Annual Tax Amount $4,543
Lot Dimensions irregular
Property Description
THAT'S AMORE! Discover an exceptional investment opportunity with this fully operational Italian restaurant located in a high-traffic area, blending culinary charm with income-generating residential space. This updated and well-maintained, mixed-use property features a fully equipped restaurant, complete with a spacious dining area, a separate gaming room, and a dedicated catering space ideal for private events or expanding your food service operations. Upstairs, the property offers three apartment units, two of which are fully finished and tenant-ready, providing immediate rental income. The third unit is partially finished, offering the perfect opportunity to customize or expand your residential offerings. Whether you're a restaurateur looking to walk into a thriving business, an investor seeking a multi-income property, or a visionary entrepreneur ready to take this space to the next level, this property checks every box. Location: Downtown, High Traffic, Hwy/Interstate Frntg, Rural
Location
State IL
County Montgomery
Interior
Heating Forced Air
Cooling Central Air, Electric, Other
Fireplace N
Exterior
Parking Features false
Utilities Available Electricity Available, Natural Gas Available, Water Available, Sewer Available, Phone Available
View Y/N No
Building
Sewer Public Sewer
Water Public
Structure Type Other,Brick
Others
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Special Listing Condition Standard
Listed by Lori Reid-Gardner • Century 21 Reid Baugher Realty
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