Search
Mixed-Use Investment Property
For Sale
Contact for pricing

202 N Market St, Paxton, IL 60957

Two-story mixed-use building with first-floor retail and restaurant use and five apartments on the second floor.

Property SizeContact for details
Days on Market120

Property Features for 202 N Market St

General Information

Standard status Active
Property subtype Mixed Use, Multifamily, Retail

Additional Details

Multifamily Units 5

Building Details

Stories 2
Listing Agency: The Nate Evans Group
Listed By: Nate Evans · License #IL 478.027769
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 9:52PM

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 The Nate Evans Group

Investment Insights

Based on property information with market context.

This mixed-use property includes first-floor commercial space featuring a Chinese restaurant, a TV repair shop, one storefront with an apartment in back, and a garage. The second floor has five apartments, comprised of three two-bedroom units and two one-bedroom units.

The seller indicates the preference to sell multiple addresses together as a package deal, noting 3 total buildings with a mix of commercial and residential space. Showings are scheduled during weekends so owners can be present.

Unit and number details are available upon request.

Key Highlights

  • Two‑story mixed‑use building with first‑floor retail/restaurant use and five apartments on the second floor
  • First floor includes a Chinese restaurant plus a TV repair shop and storefront with an apartment in back
  • Second floor has 5 apartments: 3 two‑bedroom units and 2 one‑bedroom units

Property Analytics

Current Use

Super Wok Restaurant

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

32
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-story mixed-use building with first-floor retail and restaurant use and five apartments on the second floor.
Where is this mixed-use property located?
The property is located at 202 N Market St Paxton, IL.
What are key features of this property?
This property features: Two‑story mixed‑use building with first‑floor retail/restaurant use and five apartments on the second floor; First floor includes a Chinese restaurant plus a TV repair shop and storefront with an apartment in back; Second floor has 5 apartments: 3 two‑bedroom units and 2 one‑bedroom units
(217) 239-7113 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message