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Former Nursing Home Property
For Sale
$190,000

1500 W WALNUT Street, Jacksonville, IL 62650

Commercial Sale, Jacksonville, IL

Property SizeContact for details
Lot Size2.00 Acres
Days on Market137

Property Features for 1500 W WALNUT Street

General Information

Property type Commercial Sale
Property subtype Other
Directions Morton Ave to Westgate to Walnut
Standard status Active
APN 09-18-200-002
Lot size 2.00 Acres

Taxes and HOA fees

Tax Annual Amount 5945

Building Details

Year built 1968
Listing Agency: The Real Estate Group, Inc.
Listed By: Curtis Tillett · License #475089421
Added: Jun 15 Changed: Oct 29 Last Checked: Oct 29 at 11:06PM
MLS# CA1045355

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This two-acre property was formerly used as a nursing home. The site includes ample parking and room for potential expansion. The property is described as having been demolished and ready for remodeling.

Located in the northwest part of Jacksonville, the property is next to a hospital and among office, retail, and residential uses.

Key Highlights

  • 2‑acre property with room for expansion
  • Next to a hospital in northwest Jacksonville
  • Ample parking

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Nursing homes

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Auto Repair Shop HVAC Service

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

474
Businesses Nearby
Balanced
Demand for This Use

Demographics for 62650, IL

24,891
Population
11,213
Households
2.2
Avg Household Size
42
Median Age
26%
College-Educated
89%
High-School Grad
197.8 sq mi
ZIP Area
126
Density / Sq Mi
$64,137
Median Household Income
$40,101
Median Earnings
$705
Median Rent
$142,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Similar Off Market Nearby

  • The Pointe At Jacksonville - Supportive Assisted Living Community — 20 Jacksonville Pl, Jacksonville, IL 62650
  • Jacksonville Skilled Nursing and Rehab — 1517 W Walnut St, Jacksonville, IL 62650
  • Home Instead — 1440 W Walnut St A6, Jacksonville, IL 62650

Frequently Asked Questions

What type of property is this?
Nursing home - The two-acre site includes ample parking and room for potential expansion.
Where is this nursing home located?
The property is located at 1500 W WALNUT Street Jacksonville, IL.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: 2‑acre property with room for expansion; Next to a hospital in northwest Jacksonville; Ample parking
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