$2,600,000
( $66.64Per Sq Foot )
 $13,957 est/mo Sourced by Back At You

1801 Avenue G,Sterling, IL 61081

Sterling, IL 61081

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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.

Details

MLS #12764026
Listing TypeFor Sale
StyleRetail/stores
Sub-TypeResale
StatusActive
Year1979
Days On Site15
Listing Provided ByHawkeye Commercial Real Estate | Max Gellerman

Features

SQ Feet39,016
Acreage1.25

Interior

CoolingCentral Air

Exterior

RoofMembrane
Construction MaterialsBrick, Block, Frame

Taxes

Tax Year2024
Tax Annual Amount68002.16

Area Information

StateIL
CountyWhiteside
CitySterling
Zip Code61081
AreaSterling
Listing VS Median (in 61081)
Price:
$2,600,000
low | high
Med:
$159,950
100% of Average
sqft:
39,016
low | high
Med:
1,545
100% of Average
$ / sqft:
$67
low | high
Med:
$106
9.646278944849% of Average
On site:
15
low | high
Med:
46.5
32.258064516129% of Average
Sourced by Back At You

Market Activity 61081

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Contact

Learn More About This Property

Kristi Wolfe

Kristi Wolfe

Daniel and Associates Real Estate

475.215799 (847) 767-1023kristiw@daare.com
StateIL
CountyWhiteside
CitySterling
Zip Code61081
AreaSterling
Listing VS Median (in 61081)
Price:
$2,600,000
low | high
Med:
$159,950
100% of Average
sqft:
39,016
low | high
Med:
1,545
100% of Average
$ / sqft:
$67
low | high
Med:
$106
9.646278944849% of Average
On site:
15
low | high
Med:
46.5
32.258064516129% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 6:01:06 PM PDT