30 Photos

$185,000

123 Union Avenue

Litchfield, Litchfield, Illinois, 62056

MLS® 26017002 · Listed by Century 21 Reid Baugher Realty

0 bedroomsCommercial Sale156 days on marketLot 1620.43$2,447 taxes (2024)

About this property

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! Seller will also consider leasing the business space for $1,500 per month which includes utilities, internet and trash.

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Comparable recent sales

Sold records the MLS® data provider selected as comparable to this home — nearby recent sales at a similar price, bed count, and property type. Locations are shown at the neighborhood level only.

SoldJul 3, 2026

$175,000

Listed at $200,000

Sycamore Hills Amd, St Louis, Missouri

0 bd · Commercial Sale

SoldJun 5, 2026

$187,500

Listed at $245,000

Morton Acres, Lake St Louis, Missouri

0 bd · Commercial Sale

SoldJun 11, 2026

$200,000

Listed at $230,000

none, Perryville, Missouri

0 bd · 1346.00 sqft · Commercial Sale

SoldJul 7, 2026

$185,000

Listed at $225,000

N/A, Fredericktown, Missouri

0 bd · Commercial Sale

SoldMay 29, 2026

$171,000

Listed at $165,000

N/A, Cape Girardeau, Missouri

0 bd · Commercial Sale

SoldJul 3, 2026

$171,000

Listed at $199,000

St. James, St James, Missouri

0 bd · Commercial Sale

Similar properties

MLS® data for this listing last updated Aug 27, 2026.

Market snapshot

The Litchfield, Litchfield market

Closed sales in Litchfield, Litchfield over the last 12 months.

$186,000

Median sold price

3

Avg. days on market

1

Homes sold