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: 700 W Ferdon Street
  • City: Litchfield
  • State/county: IL
  • Zip/Postal Code: 62056

Details

Updated on March 3, 2026 at 7:53 pm
  • Property ID 26010443
  • Price $899,000
  • Land Area 0.89 Acres
  • Garage Size x x
  • Year Built 2011
  • Type 5 Family or More, Residential Income
  • Property Status Active

Additional details

  • Listing Terms Cash,Conventional
  • Utilities Electricity Connected
  • Cooling Central Air
  • Heating Forced Air
  • County Montgomery
  • Property Type Residential Income
  • Parking Open,Parking Lot
  • Elementary School LITCHFIELD DIST 12
  • Middle School LITCHFIELD DIST 12
  • High School Litchfield Community High Scho
  • Architectural Style Ranch

Features

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