700 W Ferdon Street, Litchfield, IL 62056
- $899,000
Description
Investment Opportunity Awaits with this 100% Occupied Property! This well maintained 10 unit apartment complex for tenants ages 55+ offers a solid addition to any investment portfolio. Ideally located near shopping, dining, and everyday conveniences, with quick and easy access to Interstate 55. Units 1-4 were built in 2011 and Units 5-10 were built in 2016. Both roofs were installed in 2021 Interiors have 9 ft walls, 36″ doors, 5′ turn radius per room, and no steps. Units 1-4 have small detached storage buildings and concrete patios. Units 5 and 10 have storage rooms attached to unit just off covered concrete patio. Each unit includes refrigerator, stove, and dishwasher. Washer/Dryer hookups available. Current owners expenses: trash, mowing, and snow removal. Ask your agent for more information.
Address
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Address: 700 W Ferdon Street
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City: Litchfield
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State/county: IL
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Zip/Postal Code: 62056
Details
Updated on March 3, 2026 at 7:53 pm-
Property ID 26010443
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Price $899,000
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Land Area 0.89 Acres
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Garage Size x x
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Year Built 2011
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Type 5 Family or More, Residential Income
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Property Status Active
Additional details
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Listing Terms Cash,Conventional
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Utilities Electricity Connected
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Cooling Central Air
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Heating Forced Air
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County Montgomery
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Property Type Residential Income
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Parking Open,Parking Lot
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Elementary School LITCHFIELD DIST 12
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Middle School LITCHFIELD DIST 12
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High School Litchfield Community High Scho
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Architectural Style Ranch
Features
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