700 W Ferdon ST, Litchfield, IL 62056
700 W Ferdon ST, Litchfield, IL 62056
700 W Ferdon ST, Litchfield, IL 62056
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$899,000
Est. payment /mo
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8,781 SqFt
Active

700 W Ferdon ST Litchfield, IL 62056

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Key Details

Property Type Multi-Family

Sub Type 5 Family or More

Listing Status Active

Purchase Type For Sale

Square Footage 8,781 sqft

Price per Sqft $102

Subdivision Beeler 4Th Add

MLS Listing ID 26010443

Style Ranch

Year Built 2011

Annual Tax Amount $22,250

Lot Size 0.890 Acres

Acres 0.89

Property Sub-Type 5 Family or More

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.

Location

State IL

County Montgomery

Interior

Interior Features Breakfast Bar

Heating Forced Air

Cooling Central Air

Fireplace Y

Appliance Dishwasher, Range, Refrigerator

Laundry Washer Hookup, In Unit

Exterior

Parking Features false

Utilities Available Electricity Connected

View Y/N No

Building

Story 1

Water Public

Level or Stories One

Structure Type Vinyl Siding

Schools

Elementary Schools Litchfield Dist 12

Middle Schools Litchfield Dist 12

High Schools Litchfield Community High Scho

School District Litchfield Dist 12

Others

Ownership Private

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard


Listed by Maria Eilers • MCR Realty Professionals, Inc

NEARBY SCHOOL & BUSINESS

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Danielle Jordan

Danielle Jordan

Broker/Salesperson

+1(573) 308-5933

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700 W Ferdon ST