700 W Ferdon Street
Litchfield, IL 62056
0
Bed
0
Bath
8,781Sqft
0.89Acre(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Breakfast Bar Appliances: Dishwasher, Range, Refrigerator Laundry Features: Washer Hookup, In Unit -
Flooring Information
Construction Materials: Vinyl Siding -
Heating & Cooling
Heating: Forced Air Cooling: Central Air WaterSource: Public
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Building Information
Year Built: 2011
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Lot Information
Lot Square Feet: 38768.4 Lot Acres: 0.89Property Information
Property Type: Residential Income Sub Type: 5 Family or More Style: Ranch Structure Type: Apartment Building
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Listing Price Information
Original List Price:$899000
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Tax Information
Tax Legal Description: LOTS 2-3 & 6 BLK 2 BEELER 4TH ADD & LOTS 1 & 4 & 5 BLK 2 BEELERS 4TH ADD Annual Tax: $23329 Tax Year: 2025 Parcel Number: 10-32-428-001
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Parking Information
Open, Parking Lot
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School Information
Elementary School: LITCHFIELD DIST 12 Junior High School: LITCHFIELD DIST 12 Senior High School: Litchfield Community High Scho -
Utility Information
Electricity Connected Water Source: Public -
Location Information
Subdivision: Beeler 4th Add City: Litchfield Direction: GPS Friendly!
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 111 Solar Circle, Litchfield, IL, 62056 | $675,000 | 4 | 3 | 2,180 | 2,180 SqFt |
| 130 Arrowhead Lane, Litchfield, IL, 62056 | $740,000 | 5 | 4 | 4,670 | 4,670 SqFt |
| 192 Westlake Trail, Litchfield, IL, 62056 | $820,000 | 5 | 3 | 4,070 | 4,070 SqFt |
| 259 Westlake Trail, Litchfield, IL, 62056 | $525,000 | 5 | 3 | 3,504 | 3,504 SqFt |
| 4150 Illinois Route 16, Litchfield, IL, 62056 | $58,000 | 4 | 1 | 936 | 936 SqFt |
| 2 Deer Hollow Lane, Litchfield, IL, 62056 | $545,000 | 5 | 4 | 4,420 | 4,420 SqFt |
| 4012 Illinois Route 16, Litchfield, IL, 62056 | $26,000 | 2 | 1 | 945 | 945 SqFt |
| 706 N Locust Street, Litchfield, IL, 62056 | $160,000 | 3 | 2 | 1,497 | 1,497 SqFt |
| 1015 E Clark Street, Litchfield, IL, 62056 | $185,000 | 2 | 2 | 1,837 | 1,837 SqFt |
| 1115 N Locust Street, Litchfield, IL, 62056 | $350,000 | 4 | 2 | 1,915 | 1,915 SqFt |
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ByOwner last updated this listing 07/03/2026 @ 18:20
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