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1240 N Market Street

Paxton, IL 60957
  • $319,000
  • STATUS: Active
  • ON SITE: 194 Days
  • MLS #: 12419411
UPDATED: 34 min ago
$319,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1958
County:
Area:

School Ratings & Info

Description

LARGE PRICE REDUCTION DUE TO RECENT LOSS OF TENANT. NEAR TO 38,000 SQ FT WELL CONSTRUCTED (PRIOR NURSING HOME FACILITY) PRESENTLY 6400 SQ FT HAS BEEN UPGRADED WITH A PREVIOUS DAY CARE CENTER. THE TOTAL PROPERTY IS BEING OFFERED AS IS PRESENTED. THERE ARE MANY POSSIBLES FOR THE INTERESTED BUYER. POSSIBLES INCLUDE SENIOR LIVING,RESTAUANT,EFFICIENCY APPARTMENTS AND THE LIST JUST GOES ON. THERE IS CITY WATER WITH FIRE HYDRANTS AND AN INTERIOR SYSTEM. CITY SEWER,PAXTON FIRE PROT. DISTRICT. THERE IS A COUPLE ADDITIONAL OUT BUILDINGS THAT ARE INCLUDED. THE POTENTIAL JUST GOES ON. GREAT OCUNTRY LOCATION CLOSE TO CITY. SHOWINGS ARE TO BE BY APPOINTMENT ONLY. THIS IS AN EXCELLANT OPPORTUNITY FOR THE PAXTON COMMUNITY.

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© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2026-01-25T06:57:21.057 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1240 N Market Street Paxton, IL 60957

  • Price: $319,000
  • Status: Active
  • On Site: 194 Days
  • Updated: 34 min ago
  • MLS #: 12419411
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1958
Built
Neighborhood:
Ford
County:
Ford
Area:
Ford
Property Description
LARGE PRICE REDUCTION DUE TO RECENT LOSS OF TENANT. NEAR TO 38,000 SQ FT WELL CONSTRUCTED (PRIOR NURSING HOME FACILITY) PRESENTLY 6400 SQ FT HAS BEEN UPGRADED WITH A PREVIOUS DAY CARE CENTER. THE TOTAL PROPERTY IS BEING OFFERED AS IS PRESENTED. THERE ARE MANY POSSIBLES FOR THE INTERESTED BUYER. POSSIBLES INCLUDE SENIOR LIVING,RESTAUANT,EFFICIENCY APPARTMENTS AND THE LIST JUST GOES ON. THERE IS CITY WATER WITH FIRE HYDRANTS AND AN INTERIOR SYSTEM. CITY SEWER,PAXTON FIRE PROT. DISTRICT. THERE IS A COUPLE ADDITIONAL OUT BUILDINGS THAT ARE INCLUDED. THE POTENTIAL JUST GOES ON. GREAT OCUNTRY LOCATION CLOSE TO CITY. SHOWINGS ARE TO BE BY APPOINTMENT ONLY. THIS IS AN EXCELLANT OPPORTUNITY FOR THE PAXTON COMMUNITY.
Exterior Features

Foundation Details Concrete Perimeter Outdoor Parking Over 100 Spaces Water Drainage Other

Interior Features

Cooling Central Air Flooring CarpetTile Heat Ventilation Other Miscellaneous Inside Common Lunchroom/sAccessible EntranceAccessible Washroom/sOther

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 37573 Built Before1978 YN Yes Current Use Commercial Electric Circuit Breakers Fire Protection Alarm On SiteHydrants On SiteSprinklers-WetSprinklers Geographic Locale Central Illinois Gross Income 60000 Gross Scheduled Income 60000 Insurance Expense 0 Location Not in City Limits Mls Actual Status Active Number Of Tenants 1 Possible Use CommercialOfficeDevelopmentMulti-FamilyRetail Property Sub Type Mixed Use Rental Price 6.2356 Seller Needs Cash Seller Will Other Tax Annual Amount 8703 Tax Year 2024 Total Monthly Income 5000 Township Patton Type Mixed Use Utilities Natural Gas AvailableSewer Connected Water Source Municipal Water Zoning COMMR

Listing information © 2026 Midwest Real Estate Data LLC.
Listing provided courtesy of Lenington Realty: 217-379-4889.


© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2026-01-25T06:57:21.057 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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