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

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    Rantoul, IL Rankin, IL Gifford, IL
    Paxton Commercial Opportunity
    Updated: Jul 14, 2025
    Paxton Commercial Opportunity

    1240 N MARKET Street, Paxton, IL 60957

    $275,000
    38,000 sqft · 7.28 AC lot
    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.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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.

    Yorkville School Building on Acreage
    Yorkville School Building on Acreage

    7481 Mill Road, Yorkville, IL 60560

    $2,490,000
    16,900 sqft · 24.15 AC lot

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

    View details
    Commercial Land in Cedar Lake, IN
    Commercial Land in Cedar Lake, IN

    13860 Alexander Street, Cedar Lake, IN 46303

    $467,500
    1.55 AC lot

    1.55 acre commercial lot suitable for various business uses.

    View details
    Commercial Land in Cedar Lake
    Commercial Land in Cedar Lake

    13900 Alexander Street, Cedar Lake, IN 46303

    $489,500
    1.84 AC lot

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

    View details
    Yorkville School Building with Expansion
    Yorkville School Building with Expansion

    7481 Mill Road, Yorkville, IL 60560

    $2,490,000
    16,900 sqft · 24.16 AC lot

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

    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
    Cedar Lake B-3 Zoned Land

    13951 Alexander Street, Cedar Lake, IN 46303

    $397,300
    1.35 AC lot

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

    View details
    Commercial Land in Cedar Lake
    Commercial Land in Cedar Lake

    13900 Alexander Street, Cedar Lake, IN 46303

    $489,500
    80,150 sqft

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

    View details
    Commercial Land in Willow Springs
    Commercial Land in Willow Springs

    8764 Archer Avenue, Willow Springs, IL 60480

    $895,000
    2.06 AC lot

    2.06 acres of vacant land with mixed-use zoning.

    View details
    Valparaiso Gateway Development Opportunity
    Valparaiso Gateway Development Opportunity

    Silhavy Road, Valparaiso, IN 46383

    $895,000
    8.39 AC lot

    8+ acre development property in Valparaiso, Indiana.

    View details

    Paxton, IL Senior Housing / Retirement Homes Market Trends and Statistics

    Explore 1 senior housing / retirement homes for sale in Paxton, IL on our real estate platform. These investment opportunities span a total of 38,000 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 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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