Nursing Home

Jacksonville, IL Nursing Homes for Sale

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Updated Former Nursing Home
Updated: Jun 15
Updated Former Nursing Home

1500 W WALNUT Street, Jacksonville, IL 62650

$190,000
2.00 AC lot
Updated former nursing home positioned for senior‑care reopening
2‑acre property with room for potential expansion
Located beside a hospital in northwest Jacksonville
Ample parking on site
Surrounded by office, retail, and residential uses
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Jacksonville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Day Care Center with Outbuildings
Day Care Center with Outbuildings

1240 N Market St, Paxton, IL 60957

$275,000
37,573 sqft

Former care facility with an upgraded area, municipal utilities, fire protection systems, and additional outbuildings.

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Nursing Home Building
Nursing Home Building

1817 S Park Ave, Alexandria, IN 46001

$299,000
29,115 sqft

Vacant healthcare property offered as-is, with a substantial existing building suitable for continued institutional use.

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Nursing Home Building
Nursing Home Building

1817 S Park Avenue, Alexandria, IN 46001

$299,000
4.48 AC lot

Former convalescent care facility with B-2 zoning, offered vacant and in its existing condition.

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Day Care Property with Outbuildings
Day Care Property with Outbuildings

1240 N MARKET Street, Paxton, IL 60957

$275,000
7.28 AC lot

Former day care improvements sit within a larger commercial property with municipal water, sewer, and fire protection infrastructure.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

28.79-Acre Commercial Land
28.79-Acre Commercial Land

W WABASH Avenue, Springfield, IL 62711

$7,900,000
28.79 AC lot

Commercially zoned land with substantial acreage and nearby corporate, residential, automotive, and financial businesses.

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Jacksonville, IL Nursing Homes Market Trends and Statistics

Explore 1 nursing homes for sale in Jacksonville, IL on our real estate platform.

Sale prices for nursing facilities in Jacksonville, IL average $190,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Medical centers 1
Nursing homes 1
Senior Housing / Retirement Homes 1

Demographics Overview

Population 24K
Population Growth (5Y) -9.1%
Median Household Income $64,137
College Educated 16.5%

High-Yield Neighborhoods for Investment

Identify Jacksonville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
62650 $190K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Morgan County

New Delisted

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