Brick Nursing Home
For Sale
$275,000
1240 N MARKET Street, Paxton, IL 60957
COMMERCIAL - Paxton, IL
Property SizeContact for details
Lot Size7.28 Acres
Days on Market392
Property Features for 1240 N MARKET Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMMR
Directions
TRAVEL NORTH UP MARKET STREET {BUSINESS DISTRICT} TO PROPERTY NORTH OF TOWN ON THE WEST SIDE
Subdivision
Paxton
Standard status
Active
APN
11140530000700
Lot size
7.28 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
8703
Utilities
Utilities
Natural Gas Available
Cooling system
Central Air
Building Details
Year built
1958
Floors in Building
1
Number of units
2
Flooring type
Carpet, Tile
Building materials
Brick, Block
Listing Agency:
Lenington Realty · Coldwell Banker Real Estate
(217) 379-4889
Listed By:
Ronald Lenington · License #471000902
(217) 379-4889
Added: Jul 14, 2025
Changed: Aug 4
Last Checked: Aug 9 at 4:06AM
MLS# 12419411
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This brick nursing home facility was originally built in 1958 and includes central air, interior fire protection, and finishes such as carpet and tile. The prior nursing home building totals nearly 38,000 SF, and a portion of the space—6,400 SF—has been upgraded with a previous day care center buildout.
The property is offered as-is and includes additional outbuildings. Utilities include city water with fire hydrants and an interior system, city sewer, and natural gas available. It is located near the city of Paxton, with showings by appointment only.
Zoned COMMR, the building and site configuration support a range of re-uses consistent with the property’s existing layout and services.
The property is offered as-is and includes additional outbuildings. Utilities include city water with fire hydrants and an interior system, city sewer, and natural gas available. It is located near the city of Paxton, with showings by appointment only.
Zoned COMMR, the building and site configuration support a range of re-uses consistent with the property’s existing layout and services.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Sprinkler system
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
32
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60957, IL
5,499
Population
2,627
Households
2.1
Avg Household Size
41
Median Age
23%
College-Educated
95%
High-School Grad
104.9 sq mi
ZIP Area
52
Density / Sq Mi
$66,741
Median Household Income
$45,213
Median Earnings
$920
Median Rent
$122,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Nursing home - Brick nursing home facility on 7.28 acres with an upgraded 6,400 SF day care area and interior fire protection.
Where is this nursing home located?
The property is located at 1240 N MARKET Street Paxton, IL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 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
