Paxton, IL
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    Paxton, IL Senior Housing / Retirement Homes for Sale

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    Rantoul, IL Rankin, IL Penfield, IL
    Paxton Commercial Opportunity
    $275,000
    7.28 Acres

    Paxton Commercial Opportunity

    1240 N MARKET Street, Paxton, IL 60957

    Versatile commercial property with multiple potential uses in Paxton, IL.

    • Large lot: Approximately 38,000 sq ft.
    • Existing 6400 sq ft structure previously upgraded as a day care center.
    • Multiple development possibilities include senior living, restaurant, and efficiency apartments.
    • Essential utilities: City water with fire hydrants and interior system, city sewer, natural gas available.
    • Built with brick and block.
    Updated: Jul 14, 2025
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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.

    Commercial Land in Cedar Lake, IN
    $467,500
    1.55 Acres

    Commercial Land in Cedar Lake, IN

    1.55 acre commercial lot suitable for various business uses.

    13860 Alexander Street, Cedar Lake, IN 46303
    View details
    Commercial Land in Cedar Lake
    $489,500
    1.84 Acres

    Commercial Land in Cedar Lake

    1.84 acre B-3 zoned lot suitable for mixed uses.

    13900 Alexander Street, Cedar Lake, IN 46303
    View details
    Yorkville School Building on Acreage
    $2,490,000
    16,900 SF

    Yorkville School Building on Acreage

    16,900 SF school on 24.15 acres in Yorkville, IL.

    7481 Mill Road, Yorkville, IL 60560
    View details
    Yorkville School Building with Expansion
    $2,490,000
    16,900 SF

    Yorkville School Building with Expansion

    16,900 SF school on 4.71 acres with expansion potential.

    7481 Mill Road, Yorkville, IL 60560
    View details

    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.

    Cedar Lake B-3 Zoned Land
    $397,300
    1.35 Acres

    Cedar Lake B-3 Zoned Land

    1.35 acre B-3 zoned lot in Cedar Lake, Indiana.

    13951 Alexander Street, Cedar Lake, IN 46303
    View details
    Cedar Lake B-3 Zoned Land
    $357,300
    1.44 Acres

    Cedar Lake B-3 Zoned Land

    1.44 acre B-3 zoned lot in Railside Business Park.

    13861 Alexander Street, Cedar Lake, IN 46303
    View details
    Commercial Land in Cedar Lake
    $489,500
    80,150 SF

    Commercial Land in Cedar Lake

    1.84 acre commercial lot zoned B-3 in Cedar Lake.

    13900 Alexander Street, Cedar Lake, IN 46303
    View details
    Yorkville Commercial Land on Rt. 47
    $2,000,000
    3.68 Acres

    Yorkville Commercial Land on Rt. 47

    3.68 acre commercial property on Rt. 47 in Yorkville.

    1015 N Bridge Street, Yorkville, IL 60560
    View details

    Paxton, IL Senior Housing / Retirement Homes Investment Opportunities Market Analysis

    Explore 1 senior housing / retirement homes for sale in Paxton, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $275,000.

    Sale prices for assisted living facilities in Paxton, IL start at $275,000, averaging $275,000, and reaching up to $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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    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

    Identify Paxton submarkets with the highest inventory density on the market and evaluate the median 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 sq ft
    Average Loan-to-Value 65.0%

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