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902 W Union Ave 2,700 SF 100% Leased Office Building Litchfield, IL 62056 $199,000 ($73.70/SF)
EXECUTIVE SUMMARY
Unlock a fantastic income-generating opportunity with this 2,700 sq. ft. tri-level commercial property ideally positioned on Route 16/Union Ave., near iconic Route 66. With excellent visibility and high daily traffic counts, this location offers exceptional exposure for a variety of business types. This flexible space includes a spacious upper level with a layout featuring a large communal area, kitchen, private office, conference room, and two restrooms. The lower level is a separate suite with several rooms that offer endless possibilities. The lower level can be accessed through the front or back doors but also has its own side entryway. The main level is currently occupied by a functional office and is presently leased. The property includes 16 dedicated parking spaces—with spots available in both the front and back of the building—ensuring ease of access for clients and staff. Whether you're an investor or a business owner seeking a multi-use space, this property is a rare find in a high-demand, high-traffic corridor. Don't miss out on this property with excellent location appeal and long-term value!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,700 SF
Building Class
C
Year Built
1990
Price
$199,000
Price Per SF
$73.70
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,700 SF
Building FAR
0.27
Lot Size
0.23 AC
Zoning
Commercial
Parking
20 Spaces (7.41 Spaces per 1,000 SF Leased)
AMENITIES
- Conferencing Facility
- Signage
- Central Heating
- Shower Facilities
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 10-32-456-014 | Improvements Assessment | $36,700 |
| Land Assessment | $8,470 | Total Assessment | $45,170 |
PROPERTY TAXES
Parcel Number
10-32-456-014
Land Assessment
$8,470
Improvements Assessment
$36,700
Total Assessment
$45,170
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902 W Union Ave
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