Updated Former Nursing
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 Market90
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.
(217) 787-7000
Listed By:
Curtis Tillett · License #475089421
(217) 553-7022
Added: Jun 15
Changed: Sep 7
Last Checked: Sep 12 at 2:06AM
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.
Investment Insights
Based on property information with market context.
This former nursing home in Jacksonville has been updated and is positioned for reopening as a senior-care facility. The property occupies 2 acres, with existing parking and additional site area that could support expansion if needed.
Located at 1500 W Walnut Street in the northwest part of Jacksonville, the facility sits beside a hospital and among office, retail, and residential uses. The surrounding mix provides an established setting for a healthcare-oriented property, while the existing improvements offer a starting point for a future senior-care operation.
Located at 1500 W Walnut Street in the northwest part of Jacksonville, the facility sits beside a hospital and among office, retail, and residential uses. The surrounding mix provides an established setting for a healthcare-oriented property, while the existing improvements offer a starting point for a future senior-care operation.
Key Highlights
- Updated former nursing home positioned for senior‑care reopening
- 2‑acre property with room for potential expansion
- Located beside a hospital in northwest Jacksonville
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
474
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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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 - Two-acre setting beside a hospital includes parking and room for potential facility 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: Updated former nursing home positioned for senior‑care reopening; 2‑acre property with room for potential expansion; Located beside a hospital in northwest Jacksonville
