Nursing Home

Paxton, IL Nursing Homes for Sale

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Loda, IL Ludlow, IL Rantoul, IL Buckley, IL Rankin, IL Gifford, IL Cissna Park, IL Gibson City, IL
Brick Nursing Home Facility
Updated: Jul 14, 2025
Brick Nursing Home Facility

1240 N MARKET Street, Paxton, IL 60957

$275,000
7.28 AC lot
Nearly 38,000 SF nursing home facility with 6,400 SF upgraded day care center buildout
7.28‑acre site
City water with fire hydrants plus an interior fire protection system
Zoned COMMR
Central air and interior finishes including carpet and tile
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Senior Housing Property with Outbuildings
Updated: Jul 14, 2025
Senior Housing Property with Outbuildings

1240 N MARKET Street, Paxton, IL 60957

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Near to 38,000 SF of improvements originally developed as a nursing home facility
Approximately 6,400 SF upgraded for a previous day care center
City water and city sewer serve the property
Fire hydrants and an interior fire protection system are present
Paxton Fire Protection District provides fire service
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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 10 Potential Opportunities for your consideration. Besides 2 Active listings in Paxton, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

Purpose-Built Senior Care Campus
Purpose-Built Senior Care Campus

842 W Warwick Drive, Alma, MI 48801

$4,950,000
34,539 sqft 6.19 AC lot

Move-in-ready senior housing and care facility with private suites, dedicated support areas, and life-safety systems.

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Multi-Building Nursing Home Property
Multi-Building Nursing Home Property

7860 Pleasantville Road, Thornville, OH 43076

$599,900
7,462 sqft

For sale AS IS nursing-home campus with a Quonset building, generator, and greenhouse area suited for multiple care or institutional concepts.

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Purpose-Built Healthcare Facility Campus
Purpose-Built Healthcare Facility Campus

842 W Warwick Drive, Alma, MI 48801

Contact for pricing
34,539 sqft 6.19 AC lot

Move-in-ready healthcare campus with private suites, on-site parking, and institutional life-safety systems for care-focused operators.

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Assisted Living Property with Outbuildings
Assisted Living Property with Outbuildings

7860 Pleasantville Rd Ne, Thornville, OH 43076

$579,900

Former institutional facility includes auxiliary structures, a greenhouse area, backup generation, and a layout for residential or institutional use.

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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.

Divisible Commercial Development Land
Divisible Commercial Development Land

W WABASH Avenue, Springfield, IL 62711

$7,900,000
28.79 AC lot

Commercially zoned acreage with subdivision flexibility and surrounding business, residential, and automotive uses.

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Vacant Land on E Napier
Vacant Land on E Napier

604 E. Napier Avenue |, Benton Harbor, MI 49022

Contact for pricing

Vacant land with frontage on E. Napier Avenue.

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Land For Sale Middleburg Heights
Land For Sale Middleburg Heights

19170 Bagley Rd, Middleburg Heights, OH 44130

Contact for pricing
11.80 AC lot

11.796 acres of land zoned for senior living.

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Madisonville Land with Development Potential
Madisonville Land with Development Potential

Green Street, Madisonville, TN 37354

$179,000
6.00 AC lot

Six acres near Highway 411, zoned for various development options.

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Paxton, IL Nursing Homes Market Trends and Statistics

Explore 2 nursing homes for sale in Paxton, IL on our real estate platform.

Sale prices for nursing facilities in Paxton, IL average $275,000 — 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

Nursing homes 2
Senior Housing / Retirement Homes 1

Demographics Overview

Population 5,620
Population Growth (5Y) +6.3%
Median Household Income $66,741
College Educated 28.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
60957 $275K

Taxes & Financing

Tax Rate (average for all types) 9.60%
Property Tax per SF $0.70 per SF
Average Loan-to-Value 65.0%

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