Sign up to get new listings emailed daily! JOIN SIGN IN
Renee Estes, Realtor
Renee Estes-Leading Agent Multiple Offer sales/ listings
REALTOR®, Realtor/ Broker
Facebook Icon X Icon LinkedIn Icon YouTube Icon Pinterest Icon Instagram Icon TikTok Icon GoogleBusiness Icon Realtor.com Icon Zillow Icon Home Scout search Icon VCard Icon 

120 W Union Avenue, Litchfield, IL 62056

$265,000
  • 120 W Union Avenue, Litchfield, IL 62056 Main Photo

23 Photos

Active
MLS#26066863
STATUSActive PROPERTY TYPECommercial - Retail SUBDIVISIONCity-Litchfield

Property Description

Exceptional opportunity to own a versatile mixed-use commercial property situated along Route 16, a major thoroughfare offering outstanding traffic exposure and visibility. Currently operating as an indoor flea market and antique store, the property features **40+ active vendor booths** and fully functional retail spaces, making it an attractive investment for an owner-operator, investor, or entrepreneur seeking an established business opportunity.The seller is willing to transition existing business operations to a qualified buyer, offering the potential for a turnkey operation. Alternatively, the flexible commercial layout allows for the space to be divided into two individual storefronts or reconfigured to accommodate a variety of future commercial uses.The property also offers private off-street customer parking, adding convenience and accessibility for shoppers and visitors.Separate access to upstairs, discover a beautifully modernized and renovated apartment featuring stunning hardwood floors and an open-concept living space. This additional living area provides an excellent opportunity for supplemental rental income or convenient owner occupancy. An operational elevator and dumbwaiter add functionality and accessibility to the building.Further enhancing the property's investment potential, individual spaces are separately metered. Two additional upstairs spaces have existing electrical and water rough-ins, providing an opportunity to develop additional apartments or expand the property's income-producing capabilities, subject to applicable approvals and permitting.The seller is willing to review existing plans and discuss the property's potential with prospective buyers, helping them envision the many possibilities this unique property has to offer.A rare opportunity to combine commercial retail, an established vendor-based business, residential income, and future expansion potential in one highly visible Route 16 location.** Whether you are looking to operate an existing business, expand your investment portfolio, or reimagine the space to suit your vision, this property offers flexibility, functionality, and significant upside potential.

120 W Union Avenue | MLS# 26066863

This commercial property located at 120 W Union Avenue, Litchfield, IL 62056 is currently listed for sale with an asking price of $265,000. Search Litchfield real estate on www.shophouseswithrenee.com today.

Property Features

Property Type: Commercial - Retail
Cooling: Central Air
Heating: Forced Air, Natural Gas
Lot Size: 0.25 Acres
Taxes: $1,873

Feature Descriptions

Current Use: Retail
Days on Site: 16
Electric: Ameren
Exterior: Brick
Parcel#: 10-33-358-026
Parking: Off Street, Parking Lot
Road Frontage: City Street
Water: Public

Listed By / Shown By

Listed By

Agency Name: RE/MAX Alliance

Shown By

Agent Name: Renee Estes, Realtor
Agent Phone: (618) 791-1543
Agency Title: Strano & Associates

IDX logo

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 11/02/2026. The listing information on this page last changed on 11/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 11/02/2026 12:06:56 AM EST) or MARIS MLS (last updated Mon 11/02/2026 12:01:28 AM EST). Real estate listings held by brokerage firms other than Strano & Associates may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



Privacy Policy / DMCA Notice / ADA Accessibility

Login to My Homefinder