Nursing Home

Sterling, IL Nursing Homes for Sale

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Assisted Living Facility with Courtyard
Updated: Apr 20
Assisted Living Facility with Courtyard

2601 Woodlawn Road, Sterling, IL 61081

$950,000
100,188 sqft
Large commercial facility totaling over 25,748 sq. ft., originally built in the late 1960s and expanded in 1991 and 2003
Fully sprinklered fire protection with sprinklers added in 1991 and 2003 and full building sprinklered in 2006
Fire alarm system monitored by a local agency plus smoke/heat detection, horn/strobe lighting, smoke separation doors, and fire suppression equipment
Interior includes commercial kitchen with dumbwaiter access and space for approximately 79 beds with nearly 19 bathrooms
Outdoor fenced courtyard with a small pond, plus detached garage with electric and internet service and two storage sheds (one with electricity)
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Sterling, 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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Purpose-Built Healthcare Facility Campus
Purpose-Built Healthcare Facility Campus

842 W Warwick Drive, Alma, MI 48801

$4,950,000
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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Versatile Commercial Building with Clinic
Versatile Commercial Building with Clinic

232 Springer Ave, Elmwood, WI 54740

$750,000
28,549 sqft

Spacious 28,000+ sqft building suitable for various commercial uses.

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Brick Healthcare Facility with Parking
Brick Healthcare Facility with Parking

232 E Springer Avenue, Elmwood, WI 54740

$750,000
28,549 sqft 2.36 AC lot

Former nursing home and medical clinic building with multiple resident wings, exam rooms, and ample paved parking.

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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.

Springfield Commercial Land Opportunity
Springfield Commercial Land Opportunity

W WABASH Avenue, Springfield, IL 62711

$7,900,000
28.79 AC lot

28+ acres of commercial land ready for development.

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Vacant Land on Thunder Bay River
Vacant Land on Thunder Bay River

301 N Fourteenth Avenue, Alpena, MI 49707

$335,000
2.00 AC lot

Two-acre vacant land parcel with river frontage in Alpena, MI.

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Land For Sale Middleburg Heights
Land For Sale Middleburg Heights

19170 Bagley Rd, Middleburg Heights, OH 44130

$1,750,000
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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Sterling, IL Nursing Homes Market Trends and Statistics

Explore 1 nursing homes for sale in Sterling, IL on our real estate platform. These investment opportunities span a total of 100,188 square feet of properties for sale, with an estimated market value of $950,000.

Sale prices for nursing facilities in Sterling, IL start at $950,000, averaging $950,000, and reaching up to $950,000 — 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

Assisted living facilities 1
Nursing homes 1

Demographics Overview

Population 21K
Population Growth (5Y) -1.0%
Median Household Income $60,854
College Educated 28.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
61081 $950K

Taxes & Financing

Tax Rate (average for all types) 8.58%
Tax Rate vs County Average 0.04 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Whiteside County

New Delisted

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