Litchfield, IL 62056 121 E Union Avenue

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Presented By: Century 21 Reid Baugher Realty
  • MLS# 25021520
  • 04/08/2025
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Home Details

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
Presented By: Century 21 Reid Baugher Realty

Interior Features for 121 E Union Avenue

Bedrooms

Total Bedrooms

Bathrooms

Half Baths0
Total Baths

Other Interior Features

LivingAreaSourceOther
Above Grade Finished Area SourceOther
Basement (Y/N)No
Fireplace Y/NNo
Total Stories2

General for 121 E Union Avenue

Building FeaturesKitchen Facilities, Other
Business TypeRestaurant
Carport Y/NNo
CityLitchfield
Construction MaterialsOther, Brick
CoolingCentral Air, Electric, Other
CountyMontgomery
Current UseOther, Restaurant, Mixed Use
DirectionsPlease use GPS
DisclosuresUnknown, Year Built Unknown
ElectricOther
Full Baths
Garage Y/NNo
Gross Income195587
HeatingForced Air
Lot Size UnitsAcres
ModificationTimestamp2025-05-23T21:13:38.555Z
Net Operating Income12938
Operating Expense182513
PossessionClose Of Escrow
Property ConditionUpdated/Remodeled
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameNot in a Subdivision
Tax Annual Amount4543
Tax Year2023
UtilitiesElectricity Available, Natural Gas Available, Water Available, Sewer Available, Phone Available

Exterior for 121 E Union Avenue

InclusionsBusiness, Building, Land, Other – Contact Agent, Personal Property, Equipment, Inventory
Lot Dimensionsirregular
Lot Size SourcePublic Records
Number of Buildings3
Parking FeaturesNone
Road Frontage TypeCity Street
Total Parking0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Craig Ziegel

Realtor
Price $499,000
MLS#25021520
List Date 04/08/2025
Property Type Commercial
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