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    125 S Market St Paxton, IL 60957

    Sponsored
    For Sale
    $600,000

    COMMERCIAL - Paxton, IL

    Lot size:
    0.18 Acres
    Days on Market:
    22
    Last Refresh:
    Jan 6 at 1:06 pm

    Property Features for 125 S Market St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    11140835800600
    Lot size
    0.18 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1950
    Floors in Building
    2
    Number of units
    2

    eXp Realty, LLC (888) 574-9405 [email protected]

    Listing agent Nate Evans (217) 239-7113

    Listing date Dec 16, 2025

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Commercial Property with Apartments

    This commercial property, located in downtown Paxton, Illinois, presents a versatile opportunity with two apartments situated upstairs. The property's layout and features make it suitable for various business concepts. One section of the building features exposed brick walls, creating an inviting atmosphere suitable for an event venue, overflow dining, retail shop, or creative commercial space. The main commercial area includes a kitchen setup and ample seating. A recently added patio and bar area, accommodating approximately 50 people, enhances the property, offering a setting for outdoor gatherings. Upstairs, the two apartments provide a secondary income stream, suitable for long-term rentals, short-term stays, or on-site living. Situated on Paxton's Main Street, the property benefits from visibility and foot traffic.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bijoux Hair Boutique Hair Salon Market Street Grill Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    36 saloon, The Uptown Tavern of Paxton, Prairie City Wine Room, The Cadillac

    Location Insight

    • Map
    • Local Demand
    City
    Paxton
    County
    Ford
    State
    Illinois
    Longitude
    -88.097383
    Latitude
    40.460613

    Nearby Similar for Sale

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      7.28 Acres

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      1240 N Market St, Paxton, IL 60957
      View Details
    • $129,500
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      Retail/Service Building with Office Space

      Retail/service building with office space and shop bays.
      151 S Railroad Ave, Paxton, IL 60957
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    • $142,500
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      Prime Paxton Retail Building

      High-traffic location, adaptable space, great potential.
      151 Railroad Ave, Paxton, IL 60957
      View Details

    FAQs

    What type of property is this?
    Bar - Commercial property with apartments in downtown Paxton, Illinois.
    Where is this bar located?
    The property is located at 125 S Market St Paxton, IL.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - Prime downtown location on Main Street with high visibility and foot traffic.; - Two upstairs apartments provide a built-in secondary income stream.; - Versatile commercial space suitable for various business types (event venue, retail, dining).
    (217) 239-7113
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    Paxton, IL 60957
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    125 S Market St Paxton, IL 60957
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