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$ 499,000
Est. payment /mo
Active
121 E Union AVE Litchfield, IL 62056
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Not In A Subdivision
MLS Listing ID 25021520
Lot Dimensions irregular
Property Description
THAT'S AMORE! Discover an exceptional investment opportunity with this fully operational Italian restaurant located in a high-traffic area, blending culinary charm with income-generating residential space. This updated and well-maintained, mixed-use property features a fully equipped restaurant, complete with a spacious dining area, a separate gaming room, and a dedicated catering space ideal for private events or expanding your food service operations. Upstairs, the property offers three apartment units, two of which are fully finished and tenant-ready, providing immediate rental income. The third unit is partially finished, offering the perfect opportunity to customize or expand your residential offerings. Whether you're a restaurateur looking to walk into a thriving business, an investor seeking a multi-income property, or a visionary entrepreneur ready to take this space to the next level, this property checks every box. Location: Downtown, High Traffic, Hwy/Interstate Frntg, Rural
Location
State IL
County Montgomery
Interior
Heating Forced Air
Cooling Central Air, Electric, Other
Fireplace N
Exterior
Parking Features false
Utilities Available Electricity Available, Natural Gas Available, Water Available, Sewer Available, Phone Available
Building
Sewer Public Sewer
Water Public
Structure Type Other,Brick
Others
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Special Listing Condition Standard
Listed by Century 21 Reid Baugher Realty