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Senior Housing Retirement Facility
For Sale
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1234 North Main Street, Effingham, IL 62401

For sale senior housing facility with healthcare-oriented use, listed at approximately 19,500 square feet.

Property Size19,500 SF
Price / SF$189.74
Days on Market55

Property Features for 1234 North Main Street

General Information

Standard status Active
Size 19,500 SF
Property subtype Senior Living
Investment Type Stabilized
Net Operating Income $490,000

Additional Details

Cap Rate 13%

Building Details

Year Built 2018
Buildings 3
Units 36
Listing Agency: JDS Real Estate Services, Inc.
Listed By: Jennifer Stein · License #01507135
Source: Crexi
Added: Jul 12 Changed: Aug 13 Last Checked: Sep 2 at 3:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JDS Real Estate Services, Inc.

Investment Insights

Based on property information with market context.

This senior housing and retirement facility is offered for sale as a healthcare-oriented property type. The building is listed at approximately 19,500 square feet, supporting a dedicated senior housing use.

The property is located at 1234 North Main Street in Effingham, Illinois. For additional details on the specific layout and on-site improvements, contact the listing broker.

Property type is categorized as senior housing/retirement homes and other senior housing facilities within the broader healthcare property segment.

Key Highlights

  • Senior housing facility built in 2018
  • Approximately 19,500 sq ft for healthcare‑oriented use

Property Analytics

Current Use

Senior Housing / Retirement ...

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Bakery (Bike/Boat/Book/etc) Store Locksmith Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

557
Businesses Nearby
Under-served
Demand for This Use

Demographics for 62401, IL

19,408
Population
8,688
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
94%
High-School Grad
103.9 sq mi
ZIP Area
187
Density / Sq Mi
$76,098
Median Household Income
$43,051
Median Earnings
$722
Median Rent
$195,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Sheri Barnett, APRN 503 N Maple St, Effingham, IL 62401

Frequently Asked Questions

What type of property is this?
Senior housing / Retirement Home - For sale senior housing facility with healthcare-oriented use, listed at approximately 19,500 square feet.
Where is this senior housing / retirement home located?
The property is located at 1234 North Main Street Effingham, IL.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Senior housing facility built in 2018; Approximately 19,500 sq ft for healthcare‑oriented use
More about this property
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