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    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
    Updated: Apr 29, 2021
    Subsidized Senior Housing Portfolio

    551-564 N Clarence Avenue, Watseka, IL 60970

    $2,000,000
    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
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, 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 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.

    Turnkey Veterinary Clinic Facility
    Turnkey Veterinary Clinic Facility

    1642 E Commercial Avenue, 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.

    View details
    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.

    View details
    Commercial Land in Cedar Lake, IN
    Commercial Land in Cedar Lake, IN

    13860 Alexander Street, Cedar Lake, IN 46303

    $467,500
    1.55 AC lot

    1.55 acre commercial lot suitable for various business uses.

    View details
    Commercial Land in Cedar Lake
    Commercial Land in Cedar Lake

    13900 Alexander Street, Cedar Lake, IN 46303

    $489,500
    1.84 AC lot

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

    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
    Cedar Lake B-3 Zoned Land

    13951 Alexander Street, Cedar Lake, IN 46303

    $397,300
    1.35 AC lot

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

    View details
    Commercial Land in Cedar Lake
    Commercial Land in Cedar Lake

    13900 Alexander Street, Cedar Lake, IN 46303

    $489,500
    80,150 sqft · 1.84 AC lot

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

    View details
    Cedar Lake B-3 Zoned Lot
    Cedar Lake B-3 Zoned Lot

    13951 Alexander Street, Cedar Lake, IN 46303

    $397,300
    58,806 sqft · 1.35 AC lot

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

    View details
    Mokena Commercial Site For Sale
    Mokena Commercial Site For Sale

    191 88th Avenue, Mokena, IL 60448

    $4,250,000
    17.81 AC lot

    Prime commercial land with flexible zoning and high visibility.

    View details

    Watseka, IL Healthcare Properties Market Trends and Statistics

    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

    Commercial property segments ranked by active listings on the market

    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 Investment

    Identify Watseka submarkets with the highest inventory density on the market and evaluate the average 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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