Share This Listing

Message

963 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

123 E Union Ave
Litchfield, IL 62056
Retail Property For Sale

Executive Summary

Position your business for success in this prime downtown mixed-use property offering exceptional visibility and steady foot and vehicle traffic. Perfectly suited for entrepreneurs and investors alike, this versatile building combines a turnkey commercial space with an income-producing residential unit above. The main level features a fully operational salon and spa, thoughtfully designed for efficiency and client comfort. The functional layout supports a wide range of beauty and wellness services, including a private spa treatment room added in 2023 to expand service offerings. A recently installed heating and A/C system ensures year-round comfort and energy efficiency. This turnkey setup is ideal for an owner-operator ready to step in or an investor seeking a ready-to-lease commercial space. Upstairs, a spacious 2-bedroom, 1-bath apartment provides immediate rental income, as it is currently tenant-occupied. With a separate entrance and private living space, the residential unit offers convenience and privacy for occupants, making it an attractive long-term rental. Additional highlights include two private parking spaces - a rare and valuable feature in a downtown location - and a main-level storage room accessible to both commercial and residential tenants. With strong income-producing potential and dual revenue streams, this property is an outstanding opportunity for a live/work setup, owner-user, or passive investor. The established salon and spa layout is especially appealing for service-based businesses seeking high exposure in a thriving location. Call today to schedule your showing! Information is approximate.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
1,248 SF
Building Class
B
Year Built
1950
Price
$279,960 CAD
Price Per SF
$224.33 CAD
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.72
Lot Size
0.04 AC

Property Taxes

Property Taxes

Parcel Number
10-33-376-010
Land Assessment
$10,041 CAD
Improvements Assessment
$30,207 CAD
Total Assessment
$40,248 CAD
  • Listing ID: 39902466

  • Date on Market: 2026-03-25

  • Last Updated:

  • Address: 123 E Union Ave, Litchfield, IL 62056

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}