1801 Avenue G, Sterling, IL

Name: 1801 Avenue G, For Sale in Sterling - Zoocasa
Brand: Hawkeye Commercial Real Estate
SKU: 12764026
Price: 2600000 USD

House

For Sale

Listed price in listed location currency (USD).

$2,600,000

000

MLS® 12764026

Overview

Key Facts

Type

Levels Commercial Sale

Size -

Garage

Taxes $68,002

Days Active 1

Lot Size 1.25 Acres

Approx. Age 1979

MLS® Number 12764026

Property Address: 1801 Avenue G, Sterling, IL, 61081-1100

Average square foot calculated using Size range provided by listing agent.

Description

Owner-Occupied Investment Opportunity Available. Sale includes real estate, inventory, and a fully operational business with staff. Parkway Center is a privately owned and funded sheltered care and independent living facility in Sterling, Illinois. The fully occupied facility features 17 Sheltered Care rooms (19 beds) on the first floor, rented at daily rates of $113-$135. It is licensed for up to 29 beds, offering future growth potential. The second and third floors offer 16 independent living apartments each (38 beds total), rented monthly. The first floor includes a stocked nurses' station for medication distribution and assistance. All rooms have emergency call buttons; laundry is available on both upper floors. Amenities include a 1, 100 SF outdoor patio and an 8, 400 SF covered garage, offering parking and storage for the independent residents. Residents can enjoy meals from a full-service buffet/dining room, and large commercial kitchen on site. Additional features include "The Bistro" coffee nook, gift shop, sauna, beauty parlor, and multiple community rooms for activities. Parkway Center hosts many events for residents including game nights, music, cookouts, car shows, and casino outings. This facility has been privately operated by a local family for 10 years, with an excellent, hands-on Director/Owner who has worked on-site for 24 years. Don't miss this chance to carry on a thriving, well-loved facility. Sale includes 5 parcels with potential expansion opportunity.

MLS® Number12764026

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1979

Basement

Driveway

Garage Spaces

Heat

A/CCentral Air

Extras

Map

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