Active
125 Market Street
Paxton, IL 60957
$600,000
0beds
0baths
—sqft
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About this home
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.
MLS Description — as provided by the listing brokerage.
The facts
Property typeCommercial Sale
Year built1950
Lot size—
Annual tax$4,253
CountyFord
MLS #MRD12532911
Days on market132
Features
Cooling
Central Air
Listed by
eXp Realty-Mahomet
Nate Evans · 217-493-9297
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 4/25/2026, 4:43:11 PM. All data should be independently verified.
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