Sterling, IL 61081,1801 AVENUE G
Sterling, IL 61081,1801 AVENUE G
Sterling, IL 61081,1801 AVENUE G
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Listed by Max Gellerman • Hawkeye Commercial Real Estate
$2,750,000
Est. payment /mo
39,016 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 39,016 sqft

Price per Sqft $70

MLS Listing ID QC4265878

Year Built 1979

Annual Tax Amount $68,002

Tax Year 2024

Lot Size 1.250 Acres

Acres 1.25

Property Sub-Type Commercial

Source rmlsa

Property 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 100% 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.

Location

State IL

County Whiteside

Area Qcara Area

Zoning C

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Carpet, Concrete, Tile

Fireplace N

Exterior

View true

Roof Type Flat,Membrane

Garage 1

Building

Sewer Public Sewer

Water Municipal/City

Structure Type Block,Brick,EFIS,Frame

Others

Tax ID 11-16-355-014

Security Features Yes


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Shelley Berendt

Shelley Berendt

Broker | License ID: 475.127277

+1(217) 741-7227

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1801 AVENUE G

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