Multi-Family•Senior Living•For Sale

Turnkey Assisted Independent Living Facility

1010 West North Street, Girard, Illinois 62640

Sale Price Market
Sale Type Investment
Year Built 2002
Year Renovated 2005
Stories 2
Vacancy 60%
Gross Bldg 58,900 SqFt
Land Area 35 Acres
Project Size 48
Qualifying Bid Deadline: December 10, 2019 - 5:00 p.m. (CT) On-site Inspections - By Appointment Only - Call Hilco to schedule a tour This turnkey property consists of a fully-staffed, 48-room assisted and independent living facility. The facility is licensed for 25 assisted living residents (Lic#5104440). Property amenities include common and private dining rooms, community living room, recreation area, exercise room, commercial kitchen, in-unit washer and dryer, 21-stall garage, leased beauty shop, walking trails and stocked fishing pond. It also includes 20± acres of leased farmland. Hilco Real Estate, LLC - in cooperation with Jeff Azuse, Illinois Broker, Lic. #471.011086. The Subject property is located within Girard, Illinois, 30 miles southwest of Springfield, Illinois, and 70 miles northeast of St. Louis, Missouri. Less than one mile from IL-4, this property is close to downtown Girard near major retailers including Dollar General and Country Market. Girard is quaint, close-knit community housing nearly 2,000 residents and has been growing at roughly 3% annually and is expected to continue.
  • Total Units: 48 Total (24 Independent Living & 24 Assisted Living)
  • Unit Size: 735± SF (Average)
  • Building Size: 58,900± SF
  • Parcel Size: 35± Acres
  • Parking: Abundant Outdoor Parking & 21-Stall Garage
  • Year Built: 2002 & 2005
  • Taxes (2018): $49,917
  • 60% Occupied
  • Licensed for 25 Assisted Living Residents
  • Vacant 50-Room/98-Bed Former Nursing Care Facility
10/8/2019 10:33:04 PM 1/20/2020 10:03:55 PM
Jake Soyka
Hilco Real Estate


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