$899,000

700 W Ferdon Street, Litchfield, IL 62056

  • 8,781 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2011
  • Property Lot Size Icon0.89acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $102/sqft
  • Property List Date Icon Listed 1 month ago

Property 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.

Listing Status:
Active
Date Added:
March 3, 2026
Data Last Updated:
April 5, 2026 at 7:18AM
Listing Office:
MCR Realty Professionals, Inc : 217-324-4663
MLS ID:
26010443
  • General: Breakfast Bar
  • Appliances: DishwasherRangeRefrigerator
  • Laundry: Washer HookupIn Unit
  • A/C: Central Air
  • Heating: Forced Air
  • Fireplace: Fireplaces: 0
  • Style: Ranch
  • Parking: OpenParking LotParking spaces: 0
  • General: Vinyl SidingOneSlab
  • Road/Access: City Street
  • HOA Amenities: 0.0
  • Originating MLS: maris2
  • School District: LITCHFIELD DIST 12
  • County: Montgomery
  • Zoning: LOTS 2-3 & 6 BLK 2 BEELER 4TH ADD & LOTS 1 & 4 & 5 BLK 2 BEELERS 4TH ADD10-32-428-001
  • Utilities: Electricity ConnectedAmeren
  • Water: Public
  • Source: maris2
  • Ownership: Private

This listing courtesy of MCR Realty Professionals, Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

R

Russell Elementary School

705 N Jefferson St, Litchfield, IL, 62056

Grades 4-5

0.30 miles away

L

Litchfield Middle School

1701 N State St, Litchfield, IL, 62056

Grades 6-8

0.57 miles away

L

Litchfield Senior High School

1705 N State St, Litchfield, IL, 62056

Grades 9-12

0.62 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.