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sales rep | Brivity IDX

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1801 Avenue G , Sterling, IL 61081
$2,600,000
Est. Payment: $13,950.23/mo
39016 Sqft
1.25 Acres
Status: active | Days on site: 7
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108240 - 1082348
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House 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.

Highlights

Listed by Max Gellerman , 563-676-2806 Hawkeye Commercial Real Estate , 563-344-4295. Midwest Real Estate Data mls logo

Property Type

Commercial Sale

Lot/Acreage
1.25

Year Built

1979

County

Whiteside

Area

Sterling

Listing ID

12764026

Questions about this listing?

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Interior Features

Air Cond:Central Air
Fireplaces:
Floor:Carpet,Concrete,Tile
Water:Municipal Water

Exterior Features

Roof:Membrane
Principal Interest
$13,950
Taxes
$5,667

Home Price

$2,600,000

Loan Details

30 yrs
7.08%

Down Payment

20%
$520,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$13,950.23

Principal

Taxes

Principal Taxes HOA Total
Monthly $13,950.23 $5,666.85 $0.00 $19,617.07
Yearly $167,402.70 $68,002.16 $0.00 $235,404.86
Total $5,022,081.15 $2,040,064.80 $0.00 $7,062,145.95
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Master Chief
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Market insight data is pulled from the same city as the listing being viewed (Sterling, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T04:57:04.000Z

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