Health Care

Paxton, IL Healthcare Properties for Sale

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Loda, IL Ludlow, IL Rantoul, IL Buckley, IL Rankin, IL Gifford, IL Cissna Park, IL Gibson City, IL
Brick Nursing Home Facility
Updated: Jul 14, 2025
Brick Nursing Home Facility

1240 N MARKET Street, Paxton, IL 60957

$275,000
7.28 AC lot
Nearly 38,000 SF nursing home facility with 6,400 SF upgraded day care center buildout
7.28‑acre site
City water with fire hydrants plus an interior fire protection system
Zoned COMMR
Central air and interior finishes including carpet and tile
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Senior Housing Property with Outbuildings
Updated: Jul 14, 2025
Senior Housing Property with Outbuildings

1240 N MARKET Street, Paxton, IL 60957

Contact for pricing
Near to 38,000 SF of improvements originally developed as a nursing home facility
Approximately 6,400 SF upgraded for a previous day care center
City water and city sewer serve the property
Fire hydrants and an interior fire protection system are present
Paxton Fire Protection District provides fire service
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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 6 Potential Opportunities for your consideration. Besides 2 Active listings in Paxton, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Medical Center with Exam Rooms
Medical Center with Exam Rooms

1642 E Commercial Avenue, Lowell, IN 46356

$600,000
3,566 sqft 0.61 AC lot

Configured for clinical operations with reception, exam rooms, and dedicated surgical and dental areas.

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SINGLE_FAMILY - Lowell, IN
SINGLE_FAMILY - Lowell, IN

1642 E Commercial Ave, Lowell, IN 46356

$600,000
3,566 sqft 0.61 AC lot

Fully equipped veterinary clinic with multiple exam rooms, surgical/dental suites, and ample parking on a major thoroughfare.

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NNN-Leased WellNow Medical Center
NNN-Leased WellNow Medical Center

4165 N Water St Suite 300, Decatur, IL 62526

Contact for pricing

Newly constructed, corporate-signed Well Now medical center with a 10-year NNN lease and monument signage at a hard corner.

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Turn-Key Day Spa
Turn-Key Day Spa

3345 N Woodford St, Decatur, IL 62526

Contact for pricing

Turn-key spa with off-street parking, a reception area, four treatment rooms, and updated mechanicals throughout.

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Paxton, IL Healthcare Properties Market Trends and Statistics

Explore 2 healthcare properties for sale in Paxton, IL on our real estate platform.

Sale prices for medical real estate in Paxton, IL average $275,000 — 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

Nursing homes 2
Senior Housing / Retirement Homes 1

Demographics Overview

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

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
60957 $275K

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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