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    Sterling, IL Assisted Living Facilities for Sale

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    Assisted Living Facility with Courtyard
    Updated: May 9
    Assisted Living Facility with Courtyard

    2601 Woodlawn Road, Sterling, IL 61081

    $950,000
    100,188 sqft
    Large commercial facility totaling over 25,748 sq. ft., originally built in the late 1960s and expanded in 1991 and 2003
    Fully sprinklered fire protection with sprinklers added in 1991 and 2003 and full building sprinklered in 2006
    Fire alarm system monitored by a local agency plus smoke/heat detection, horn/strobe lighting, smoke separation doors, and fire suppression equipment
    Interior includes commercial kitchen with dumbwaiter access and space for approximately 79 beds with nearly 19 bathrooms
    Outdoor fenced courtyard with a small pond, plus detached garage with electric and internet service and two storage sheds (one with electricity)
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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 Sterling, 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.

    Corner Commercial Development Parcel
    Corner Commercial Development Parcel

    120 West State Road, Island Lake, IL 60042

    $2,195,000
    28.00 AC lot

    Divisible corner parcel with Route 120 frontage and utilities stubbed to the property line.

    View details
    R2-RE Multifamily Building
    R2-RE Multifamily Building

    3071 2ND STREET, Twin Lake, MI 49457

    $149,900

    Multi-unit residential property with R2-RE zoning, built in 1971.

    View details
    Multi-Unit Residential Property
    Multi-Unit Residential Property

    3071 2ND STREET, Twin Lake, MI 49457

    $149,900

    The building carries R2-RE zoning and sits two blocks from a lake, with downtown in the opposite direction.

    View details
    Assisted Living Facility with Owner Suite
    Assisted Living Facility with Owner Suite

    400 Hoel Ave, Stoughton, WI 53589

    Contact for pricing
    2.77 AC lot

    Assisted living property with owner-focused living quarters over the garage and approved plans for added capacity.

    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.

    Development Land in Wisconsin Dells
    Development Land in Wisconsin Dells

    507 Clara Avenue lot: 3 & 4, Wisconsin Dells, WI 53965

    $469,900
    5.94 AC lot

    5.94 acres of wooded land with development potential.

    View details
    Commercial Land with Highway Frontage
    Commercial Land with Highway Frontage

    VL W Carleton Road, Jonesville, MI 49250

    $1,850,000
    27.00 AC lot

    Commercial parcel with road frontage and cable availability between Hillsdale and Jonesville.

    View details
    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    VL W Carleton Road, Jonesville, MI 49250

    $1,850,000
    27.00 AC lot

    27-acre commercial land with high visibility and development potential.

    View details
    Corner Commercial Land with Road Frontage
    Corner Commercial Land with Road Frontage

    1531 Kyle Street, Eaton Rapids, MI 48827

    $84,900
    1.57 AC lot

    1.57-acre corner commercial lot with blacktop frontage on two roads and visibility from Main St.

    View details

    Sterling, IL Assisted Living Facilities Market Trends and Statistics

    Explore 1 assisted living facilities for sale in Sterling, IL on our real estate platform. These investment opportunities span a total of 100,188 square feet of properties for sale, with an estimated market value of $950,000.

    Sale prices for assisted living facilities in Sterling, IL average $950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Assisted living facilities 1
    Nursing homes 1

    Demographics Overview

    Population 21K
    Population Growth (5Y) -1.0%
    Median Household Income $60,854
    College Educated 28.4%

    High-Yield Neighborhoods for Investment

    Identify Sterling submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61081 $950K

    Taxes & Financing

    Tax Rate (average for all types) 8.58%
    Tax Rate vs County Average 0.04 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Whiteside County

    New Delisted

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