14792 Catlin Tilton Rd
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14792 Catlin Tilton Rd
74,800 SF Health Care Building Offered at $600,000 in Danville, IL 61834
Executive Summary
Available For Sale - incredible value-add investment opportunity! Property totals 11.71 acres with over 70,000 square feet of improvements. Built and operated as a regional senior living / skilled nursing facility. The 213 room operation closed in the late Summer of 2023. Property consists of a mixture of recently remodeled wings and areas that need refreshed that have been used as storage. Commercial kitchen infrastructure remains with the property along with several medical furniture and equipment. Commercial laundry facility includes heavy duty washers and dryers. Heating and air includes in room PTAC units along with central boiler system. City utilities. Great opportunity to reinvest in the property to rebrand a senior living community or repurpose to multifamily or self-storage. Contact broker team for all inquires and more information.
Property Facts
| Price | $600,000 | Building Size | 74,800 SF |
| Price Per Bed | $40,000 | No. Beds | 15 |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Health Care | Year Built | 1979 |
| Property Subtype | Skilled Nursing Facility | Tenancy | Single |
| Building Class | B | Parking Ratio | 1.64/1,000 SF |
| Lot Size | 11.71 AC |
| Price | $600,000 |
| Price Per Bed | $40,000 |
| Sale Type | Investment or Owner User |
| Property Type | Health Care |
| Property Subtype | Skilled Nursing Facility |
| Building Class | B |
| Lot Size | 11.71 AC |
| Building Size | 74,800 SF |
| No. Beds | 15 |
| No. Stories | 1 |
| Year Built | 1979 |
| Tenancy | Single |
| Parking Ratio | 1.64/1,000 SF |
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PROPERTY TAXES
| Parcel Number | 22-24-200-020 | Improvements Assessment | $812,247 |
| Land Assessment | $51,151 | Total Assessment | $863,398 |
PROPERTY TAXES
Parcel Number
22-24-200-020
Land Assessment
$51,151
Improvements Assessment
$812,247
Total Assessment
$863,398
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Zane Peterson -
Main Place Real Estate
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14792 Catlin Tilton Rd
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