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  • Key Facts
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Key Facts

Type Commercial
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $68,002
Days Active 1
Approx. Age 1979
MLS® Number QC4265878

Property Address: 

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 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.Show Description
MLS® NumberQC4265878
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1979
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatForced Air, Natural Gas
A/CCentral Air
Heating Fuel

Extras

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