509 Buck StLe Roy, IL 61752

This exceptional redevelopment opportunity presents a 55-unit, vacant former nursing home situated on a spacious 3.79-acre lot in Le Roy, Illinois. The property, boasting 34,415 square feet, is ideally located just off Interstate 74, conveniently positioned between the vibrant Champaign/Urbana and Bloomington/Normal areas. Built in 1989, this single-story, Class B building offers significant potential for repurposing. The existing layout includes 55 private rooms, accommodating a total of 96 beds, along with various reception areas, expansive social gathering spaces, offices, dining rooms, a laundry facility, a physical therapy area, nurse stations, and a commercial kitchen. The property also features lush outdoor grounds perfect for residents' enjoyment. The property is zoned R-2 and is being sold "as is". Its prime location offers easy access to a variety of amenities, including restaurants, grocery stores, gas stations, and boutiques, all within walking distance. This presents a unique chance to acquire a substantial property with significant redevelopment potential in a desirable location. The asking price is $1,190,000, translating to $34.58 per square foot.