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Nikki Mayer
Hometown Real Estate
7700 W. Belmont Ave
Chicago , IL 60634
Phone:
888 317 9983
Fax:
773 664 0013
Mobile:
708 268 2313
infohometown@gmail.com

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Status: Active (For Sale)
Type: Commercial
Subtype: Mixed Use
Year Built: 1950
MLS ID: 12532911


Overview
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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.

Courtesy Of: eXp Realty-Mahomet


Feature Highlights


  • Additional Parcels
  • Built Before 1978

General Features


List Date:
12/15/2025

Exterior Features and Amenities


Lot Size Dimensions:
50x160

Financial


Days On Market:
7
Tax Annual Amount:
$4,253.00
Tax Year:
2024


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.

Availability Calendar


- Available - Unavailable

Rental Rates


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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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 last updated: 2026-01-15
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