Watseka, IL
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    Watseka, IL Healthcare Properties for Sale

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    Crescent City, IL Clifton, IL Gilman, IL
    Subsidized Senior Housing Portfolio
    $2,000,000

    Subsidized Senior Housing Portfolio

    551-564 N Clarence Avenue, Watseka, IL 60970

    54-unit subsidized senior housing portfolio in Watseka and Gilman, Illinois.

    • 54 total units of subsidized senior housing
    • USDA/RD/HUD subsidies in place (buyer must qualify)
    • Portfolio of 27 two‑unit buildings plus an office/recreational building
    • Mix of 48 one‑bedroom and 6 two‑bedroom units
    • Properties are in "Good" condition
    Updated: May 18, 2021
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Watseka, 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.

    Commercial Land in Cedar Lake, IN
    $467,500
    1.55 Acres

    Commercial Land in Cedar Lake, IN

    1.55 acre commercial lot suitable for various business uses.

    13860 Alexander Street, Cedar Lake, IN 46303
    View details
    Commercial Land in Cedar Lake
    $489,500
    1.84 Acres

    Commercial Land in Cedar Lake

    1.84 acre B-3 zoned lot suitable for mixed uses.

    13900 Alexander Street, Cedar Lake, IN 46303
    View details
    Veterinary Clinic with Crematory Business
    $2,000,000
    4.80 Acres

    Veterinary Clinic with Crematory Business

    Turnkey veterinary clinic with living quarters and crematory business.

    854 County Road 2100, Sidney, IL 61877
    View details
    Veterinary Clinic with Living Quarters
    $1,999,900
    2,900 SF

    Veterinary Clinic with Living Quarters

    Turnkey veterinary clinic with living quarters and expansion potential.

    854 County Rd 2100 E, Sidney, IL 61877
    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.

    Cedar Lake B-3 Zoned Land
    $397,300
    1.35 Acres

    Cedar Lake B-3 Zoned Land

    1.35 acre B-3 zoned lot in Cedar Lake, Indiana.

    13951 Alexander Street, Cedar Lake, IN 46303
    View details
    Cedar Lake B-3 Zoned Land
    $357,300
    1.44 Acres

    Cedar Lake B-3 Zoned Land

    1.44 acre B-3 zoned lot in Railside Business Park.

    13861 Alexander Street, Cedar Lake, IN 46303
    View details
    Commercial Land in Cedar Lake
    $489,500
    80,150 SF

    Commercial Land in Cedar Lake

    1.84 acre commercial lot zoned B-3 in Cedar Lake.

    13900 Alexander Street, Cedar Lake, IN 46303
    View details
    Cedar Lake B-3 Zoned Lot
    $397,300
    58,806 SF

    Cedar Lake B-3 Zoned Lot

    B-3 zoned lot in Railside Business Park, Cedar Lake.

    13951 Alexander Street, Cedar Lake, IN 46303
    View details

    Watseka, IL Healthcare Properties Investment Opportunities Market Analysis

    Explore 1 healthcare properties for sale in Watseka, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,000,000.

    Sale prices for medical real estate in Watseka, IL start at $2,000,000, averaging $2,000,000, and reaching up to $2,000,000 — 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

    Senior Housing / Retirement Homes 1

    Demographics Overview

    Population 5,965
    Population Growth (5Y) -14.2%
    Median Household Income $48,456
    College Educated 16.1%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    60970 $2M

    Taxes & Financing

    Tax Rate (average for all types) 10.23%
    Tax Rate vs County Average 1.35 pp above county avg
    Average Loan-to-Value 65.0%

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