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Off market
  • $365,200

    247 N Railroad Ave, Paxton, IL 60957

    3beds
    7,778sqft
    MultiFamily
    Built in 1960
    -- sqft lot
    $365,200 Zestimate®
    $47/sqft
    $1,220 Estimated rent

    Home value

    $365,200

    $285,000 - $460,000

    $1,220/mo

    Zestimate® history
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    Owner options

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    $1,220/mo

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    $1,220/mo

    Rent Zestimate®

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    $2,618/mo

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    $2,618/mo

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    What's special

    Come take a look at this fantastic Commercial Opportunity located right off of Rt. 45 and just north of Rt. 9. This building has endless possibilities and some great features. It has previously served as retail office space for two separate businesses. Owners have since retired and are looking to part ways with this great space. Property is located in Paxton Illinois. Paxton is a great community located just 25 minutes north of Champaign- Urbana. Zoned B2 this property offers a wide variety of uses. Working with the city of Paxton you will not find a more supportive community for a new business opportunity. The building has 2 individual office spaces with private entrances. The south unit of this building is 2 story with 2 bedrooms and a full bathroom on the second floor. A fully functional kitchen serves both units in the rear of the building. With over 1200 sq. in the south unit alone, the possibilities are endless. The north unit of the complex has over 6,600 sqft of potential use. A basement below the north unit offers extra storage and has commercial grade electric. Each unit has an individual furnace and our within 2 years old. The new metal roof has 1/2 inch insulation in order to make the complex more energy efficient. Plumbing was redone in 2002 and many additional updates were made over the past few years. The parking lot offers over 30 spaces and is well lit. This building offers a variety of uses and potential investment income.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Refrigerator
    Features
    • Flooring: Carpet
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 7,778 sqft

    Property

    Parking
    • Total spaces: 30
    • Parking features: On-street
    Features
    • Exterior features: Stone, Vinyl, Cement / Concrete, Metal
    • Has view: Yes
    • View description: City
    Lot
    • Size: 0.28 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Metal
    Condition
    • Year built: 1960

    Community & HOA

    Location
    • Region: Paxton

    Financial & listing details

    • Price per square foot: $47/sqft

    Price history

    DateEventPrice
    3/24/2021Listing removed--
    Source: Owner Report a problem
    2/17/2018Listing removed$158,000$20/sqft
    Source: Owner Report a problem
    11/19/2017Listed for sale$158,000+5.4%$20/sqft
    Source: Owner Report a problem
    9/11/2013Listing removed$149,900$19/sqft
    Source: Coldwell Banker Honig-Bell Report a problem
    8/7/2013Listed for sale$149,900$19/sqft
    Source: Coldwell Banker Honig-Bell Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 60957

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
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    $365,200
    2% more
    +$7,304
    With Zillow Showcase(estimated)
    $372,504