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.
Active
Listed by: MCR Realty Professionals, Inc • Maria Eilers • Contact: 217-259-2218
$899,000
700 W Ferdon St, Litchfield, IL 62056
18beds
10baths
8,781sqft
Multi Family
Built in 2011
-- sqft lot
$-- Zestimate®
$102/sqft
$-- HOA
What's special
Small detached storage buildings
- 138 days |
- 262 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
Maria Eilers 217-259-2218,
MCR Realty Professionals, Inc
Source: MARIS,MLS#: 26010443
Originating MLS: Southwestern Illinois Board of REALTORS
Originating MLS: Southwestern Illinois Board of REALTORSLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 10
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Range, Refrigerator
- Laundry: Washer Hookup, In Unit
Features
- Breakfast Bar
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 8,781
- Total interior livable area: 8,781 sqft
- Finished area above ground: 8,781
- Finished area below ground: 0
Property
Parking
- Parking features: Open, Parking Lot
- Has uncovered spaces: Yes
Features
- Levels: One
Lot
- Size: 0.89 Acres
Details
- Parcel number: 1032428001
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Slab
Condition
- Year built: 2011
Utilities & green energy
- Electric: Ameren
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Security: Smoke Detector(s)
- Senior community: Yes
- Subdivision: Beeler 4th Add
HOA
- Has HOA: No
Location
- Region: Litchfield
Financial & listing details
- Price per square foot: $102/sqft
- Tax assessed value: $262,230
- Annual tax amount: $23,329
- Date on market: 3/3/2026
- Cumulative days on market: 138 days
- Listing terms: Cash,Conventional
- Inclusions: Building, Land
- Ownership: Private
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,772/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Listed for sale | $899,000$102/sqft |
Source:  MARIS #26010443 Report a problem | ||
| 5/26/2026 | Contingent | $899,000$102/sqft |
Source: MARIS #26010443 Report a problem | ||
| 3/3/2026 | Listed for sale | $899,000$102/sqft |
Source: MARIS #26010443 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,359 +3.9% | $87,410 +5.9% |
| 2023 | $7,081 +3.7% | $82,560 +6% |
| 2022 | $6,829 +2.5% | $77,910 +5.2% |
| 2021 | $6,660 +5.5% | $74,080 +3.6% |
| 2020 | $6,315 -1.6% | $71,480 +1.9% |
| 2019 | $6,416 -0.2% | $70,170 +3.1% |
| 2018 | $6,427 +2% | $68,040 +1.4% |
| 2017 | $6,302 | $67,120 +3% |
| 2016 | $6,302 +4.3% | $65,170 -0.7% |
| 2015 | $6,043 +5.7% | $65,620 +4.4% |
| 2013 | $5,720 +5664.9% | $62,860 -29.6% |
| 2011 | $99 +2% | $89,300 +7665.2% |
| 2009 | $97 | $1,150 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 62056
Nearby schools
GreatSchools rating
- 6/10Russell Elementary SchoolGrades: 2-5Distance: 0.6 mi
- 8/10Litchfield Middle SchoolGrades: 6-8Distance: 0.5 mi
- 9/10Litchfield Senior High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Litchfield Dist 12
- Middle: Litchfield Dist 12
- High: Litchfield Community High Scho
Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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