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125 S Market St - 125 S Market St Specialty Building Offered at $831,864 CAD in Paxton, IL 60957

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EXECUTIVE SUMMARY

A rare opportunity to own a versatile commercial property in the heart of downtown Paxton - complete with two apartments upstairs. This property offers endless possibilities for an entrepreneur, investor, or business owner ready to make their mark. One half of the building is filled with exposed brick walls and a warm, inviting atmosphere - ideal for an event venue, overflow dining, retail shop, or creative commercial space. The main commercial area includes a kitchen setup and ample seating space, providing a strong foundation for a variety of business concepts without starting from scratch. Outside, you'll find a recently added patio and bar area that seats approximately 50, creating the perfect setting for summer nights, live music, private events, and outdoor gatherings. This space alone opens the door to additional revenue opportunities and community-focused experiences. Upstairs are two apartments, offering a built-in secondary income stream - perfect for long-term rentals, short-term stays, or on-site living. Located on Paxton's bustling Main Street, this property benefits from excellent visibility, steady foot traffic, and undeniable small-town charm. From the flexible commercial spaces to the income-producing apartments above, this building blends character, functionality, and opportunity. If you've been waiting for the right downtown investment, this is your chance to create the next successful business in Paxton.

PROPERTY FACTS

Price $831,864 CAD
Price Per SF $131.69 CAD
Sale Type Investment or Owner User
Property Type Specialty
Building Size 6,317 SF
No. Stories 2
Year Built 1950
Walk Score®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-14-08-358-006
Land Assessment
$5,185 CAD
Improvements Assessment
$52,297 CAD
Total Assessment
$57,482 CAD
  • Listing ID: 39026545

  • Date on Market: 2026-01-09

  • Last Updated:

  • Address: 125 S Market St, Paxton, IL 60957

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