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Mixed-Use Building With 4 Apartments
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147 S Market St, Paxton, IL 60957

Two storefronts complement a second-floor residential component.

Property SizeContact for details
Days on Market144

Property Features for 147 S Market St

General Information

Standard status Active
Property subtype Mixed Use, Multifamily, Retail

Units

Unit Mix 1 x 2BR, 3 x 1BR
Multifamily Units 4

Building Details

Buildings 3
Tenancy Multi
Listing Agency: eXp Realty LLC
Listed By: Nate Evans · License #IL 474.124281
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 6:38PM

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 eXp Realty LLC

Investment Insights

Based on property information with market context.

This mixed-use property combines commercial and residential space within the same building. The ground level contains two storefront areas, including space associated with a boutique and bookstore. Four apartments occupy the second floor, providing a mix of one- and two-bedroom layouts.

The residential configuration includes one two-bedroom apartment and three one-bedroom apartments. The property is located in Paxton, Illinois, and offers both storefront and apartment components in one asset.

Key Highlights

  • Four second‑floor apartments
  • Residential mix includes 1 two‑bedroom and 3 one‑bedroom apartments
  • Two storefront spaces on the ground level

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Pharmacy Spa & Massage Center HVAC Service Storage Facility (Bike/Boat/Book/etc) Store

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

Lease Details

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

394
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two storefronts complement a second-floor residential component.
Where is this mixed-use property located?
The property is located at 147 S Market St Paxton, IL.
What are key features of this property?
This property features: Four second‑floor apartments; Residential mix includes 1 two‑bedroom and 3 one‑bedroom apartments; Two storefront spaces on the ground level
(217) 239-7113 Call to check price and availability
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