MLS#12532911
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
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 Features
Property Type: Commercial - Business
Cooling: Central Air
Lot Size: 0.18 Acres
Stories: 2.0
Taxes: $4,253
Year Built: 1950
Feature Descriptions
Days on Site: 77
Electric: Circuit Breakers
Fire Protection: Sprinklers
HVAC: Gas
Lot Dimensions: 50x160
Parcel#: 11140835800600
Units: 2
Listed By / Shown By
Listed By
Agency Name: eXp Realty-Mahomet
Agency Phone: 217-239-7113
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
© 2026 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered marks of HomeServices of America, Inc. ®
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125 S Market Street | MLS# 12532911
This commercial property located at 125 S Market Street, Paxton, IL 60957 is currently listed for sale with an asking price of $600,000. Search Paxton real estate on www.bhhscrosby.com today.