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    Loda, IL Ludlow, IL Rantoul, IL Buckley, IL Rankin, IL Gifford, IL Cissna Park, IL Gibson City, IL
    Mixed-Use Investment Property
    Updated: Apr 12
    Mixed-Use Investment Property

    202 N Market St, Paxton, IL 60957

    Contact for pricing
    Two‑story mixed‑use building with first‑floor retail/restaurant use and five apartments on the second floor
    First floor includes a Chinese restaurant plus a TV repair shop and storefront with an apartment in back
    Second floor has 5 apartments: 3 two‑bedroom units and 2 one‑bedroom units
    Includes 1 garage associated with the first‑floor operations
    Package preference: sellers would prefer to sell 147 N Market, 165 N Market, 202 N Market, 206 N Market, 207 N Market, and 105 E State St together
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Paxton, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Downtown Champaign Mixed-Use Building
    Downtown Champaign Mixed-Use Building

    320 N Neil Street, Champaign, IL 61820

    $1,250,000
    5,865 sqft 0.08 AC lot

    Prime mixed-use property in downtown Champaign with rental income.

    View details
    Garden-Style Eight-Unit Multifamily
    Garden-Style Eight-Unit Multifamily

    206 S GROVE ST, Urbana, IL 61802

    Contact for pricing
    7,200 sqft

    Updated eight-unit property with in-unit laundry and private patio or balcony access for each two-bedroom home.

    View details
    118-Unit Apartment Building
    118-Unit Apartment Building

    502 W Main St, Urbana, IL 61801

    Contact for pricing

    Built in 1962, this 118-unit community offers studio through three-bedroom floorplans near UIUC.

    View details
    Historic Mixed-Use Building
    Historic Mixed-Use Building

    112 W Hill Street, Champaign, IL 61820

    Contact for pricing

    Six fully leased apartments sit above flexible commercial space in a landmark downtown building.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details
    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $650,000
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

    View details
    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    View details
    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    View details

    Paxton, IL Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Paxton, IL on our real estate platform.

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    Demographics Overview

    Population 5,620
    Population Growth (5Y) +6.3%
    Median Household Income $66,741
    College Educated 28.8%

    Taxes & Financing

    Tax Rate (average for all types) 9.60%
    Property Tax per SF $0.70 per SF
    Average Loan-to-Value 65.0%

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