Contacts
Plains Commercial Real Estate
Property Details
- Property Type Other
- Additional Rent Contact for pricing
- Date Updated Dec 23, 2024
Plains Commercial has been retained as the exclusive marketing adviser for the sale of Avonlea Cottage (Avonlea) located in Sterling, Illinois. Offers will be evaluated based on price, terms, and investor qualifications.
Avonlea offers investors an opportunity to acquire a value-add assisted living facility at well below replacement cost. The facility is being offered for sale through a current receivership process and all bids will have to be approved by the court.
Built in 2001, the facility has a “B” quality physical plant. The facility has been well maintained and does include some excess land for future expansion. Located in Sterling, Illinois, the facility is approximately a 4 minute drive from CGH Medical Center which is a progressive acute care facility. This medical cluster helps attract both residents and staff from a wide radius to Sterling. This provides for a fertile marketing ground for both residents and staff.
Sterling is approximately an hour drive from the Davenport, Iowa Quad Cities area and approximately a 2 hour drive from Chicago. This offers convenient travel needs for investors traveling from out of state.
ILLINOIS BROKER OF RECORD = RML Capital LLC, c/o Rick Lynn
Reach out to the broker for more info on lease terms and amenities
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Sterling, IL
- Zip Code 61081
Points of Interest
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Casey's
0.13 miles
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Shell
1.87 miles
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Kroger
2.02 miles
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Circle K
2.03 miles
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Mobil
2.84 miles
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Casey's General Store
2.95 miles
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BP
3.24 miles
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Whiteside County Health Department Parking Lot
1.75 miles
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Angelo's Pizzeria Parking Lot
1.94 miles
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Municipal Parking
2.43 miles
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Visitor Parking
7.21 miles
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Holiday Inn Express & Suites
2.37 miles
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Super 8 by Wyndham Rock Falls Sterling Area
3.13 miles
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Country Inn & Suites Rock Falls
3.15 miles
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Days Inn by Wyndham Rock Falls
3.24 miles
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County Market
1.79 miles
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Kroger
1.94 miles
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Walmart
3.19 miles
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Marshalls
3.77 miles
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Kohl's
4.03 miles
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ALDI
4.18 miles
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Walmart Supercenter
4.74 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Plains Commercial Real Estate