125 S Market Street Paxton, IL $ 600,000
125 S Market Street
$ 600,000
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125 S Market Street

Paxton, IL, 60957
$ 600,000
Bedrooms-- Baths--

Monthly Estimate*

$ 3,694

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Commercial Property for sale in Paxton, IL

for $600,000. This building was built in 1950 on a lot size of 0.184298.

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.

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Commercial Active

Price

$ 600,000

Property Type

Commercial

Taxes

$ 4,253

Style

Lot Size

0.184298

Year Built

1950

Town/City

Paxton

County/Region

Ford

MLS | Web ID

12532911

Features
General
Cooling Central Air
Year Built 1950
Electric Circuit Breakers
Stories Count 2
Township Patton
Property Subtype Mixed Use
Tax Year 2024
Gross Income 0
County Ford
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Status Active
Directions From Route 45 in Paxton turn onto Market Street and head south. Continue a short distance and 125 South Market Street will be on your left.
City Paxton
Number Of Units Total 2
MLS Area Paxton
Lot Size Square Feet 8028
Tax Annual Amount 4253
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N Y
Standard Status Active
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Exterior
Lot Dimensions 50x160
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* Excluded Features
List By
Exp Realty-Mahomet

Broker

nate@thenateevansgroup.com

Email

Affordability Calculator

$4,049
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,694
Monthly Property Taxes
$354
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/15/2025$600,000 Listed Price

Map


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125 S Market Street, Paxton, IL, 60957 is a Commercial Property for sale at $600,000 with a lot size of 0.184298. 125 S Market Street was built in 1950. The property's zip code is 60957 which is in Paxton, IL