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7 Corvette Dr
Litchfield, IL 62056
Ruby Tuesday | New 20yr Corp Abs NNN · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
4,022 SF
Building Class
C
Year Built
2010
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.72 AC
Zoning
Commercial
Parking
121 Spaces (10 Spaces per 1,000 SF Leased)

AMENITIES

  • Freeway Visibility
  • Pylon Sign
  • Signalized Intersection

ABOUT 7 CORVETTE DR , LITCHFIELD, IL 62056

The subject property is located along Corvette Road just off of State Highway 16 (10,500 VPD) with nearby direct on/off ramp access to Interstate 55 (23,400 VPD). State Highway 16 is one of the primary retail thoroughfares traveling through the town of Litchfield, providing the restaurant with excellent exposure. The site is positioned near the Holiday Inn and Hampton Inn just off the interstate, giving the store a direct consumer base to draw from. Nearby national/credit tenants in the area include a 24-hour Walmart Supercenter, Walgreens, Burger King, McDonald’s, Steak n’ Shake, and more, further increasing consumer traffic to the site.The 5-mile trade area is supported by population of approximately 8,000 with an average household income of $57,000.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-32-353-009
Land Assessment
$416,700
Improvements Assessment
$291,810
Total Assessment
$708,510
  • Listing ID: 14436303

  • Date on Market: 11/19/2018

  • Last Updated:

  • Address: 7 Corvette Dr, Litchfield, IL 62056

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