For Auction

Davenport–Moline–Rock Island Senior Living: 33 Units | 79% Occupancy

141 South Junior Ave,
Kewanee, IL 61443

Asset Snapshot

Real Estate
Asset Type
Senior Housing
Property Type
Assisted Living
Senior Housing Subtype
1999
Year Built
1
Floor Count
1
Building Count
1.00 Acres
Land Area
33 Units
Unit Count
78.79%
Occupancy
Occupancy As Of

Investment Highlights

Purpose-Built Assisted Living Community
33-unit community designed for seniors needing ADL support while preserving independence.
Consistently Strong Resident Occupancy
Occupancy stands at approximately 79%, reflecting sustained resident demand for the community.
Resident-Focused Amenities Throughout
Lobby, dining areas, commercial kitchen, gathering spaces, activity areas, and outdoor spaces.
Established Kewanee, IL Location
Purpose-built in 1999 within a stable Henry County community near Peoria and the Quad Cities.
Growing Senior Population Nearby
65+ population within 5 miles projected to grow 7.3% over five years, supporting future demand.
Convenient Regional Healthcare Access
Near OSF Saint Luke Medical Center and Kewanee Hospital, with specialty care in Galesburg.

Offering Summary

Brokered by SVN | Senior Living Advisors and powered by RealINSIGHT Marketplace, Prairie Place Senior Living is a 33-unit assisted living community located at 141 South Jr Avenue in Kewanee, Illinois. Built in 1999 on a 1.0-acre site, the purpose-built, 24,000-square-foot community offers residential-style architecture and amenities including a lobby, dining areas, a commercial kitchen, common gathering spaces, activity areas, and outdoor spaces, supporting seniors who need assistance with activities of daily living while preserving their independence. The community reported occupancy of approximately 79%. Kewanee is a Henry County community of approximately 13,273 residents located within the Davenport-Moline-Rock Island region near Peoria and the Quad Cities, with access to I-74, I-80, and Routes 34 and 78, Amtrak service to Chicago, and area healthcare including OSF Saint Luke Medical Center and Kewanee Hospital.

Due Diligence

Location

Courtyard Estates of Kewanee sits in Kewanee, Illinois, a Henry County community of roughly 13,273 residents located near Peoria and the Quad Cities, with 20.8% of the population aged 65 or older. The site offers convenient access to Interstates 74 and 80 and Routes 34 and 78, plus Amtrak service to Chicago, OSF Saint Luke Medical Center, and Kewanee Hospital.

13,273
Kewanee, IL population
20.8%
Population aged 65+ (5-mile)
7.3%
5-yr growth, 65+ pop. (5-mile)

Transaction Managers

Darlene Johnson
Marketplace
Hampton Gomila
Marketplace

Platform Fee

Buyer pays a minimum platform fee of 5% or $25,000 at closing.

How it Works

Learn about bidding, reserve prices, and closing.

Read the auction guide

Auctioneer

Scott Bowers
c/o Fisher Auction Company Inc.
License: 040000273

Need Help?

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Auction Opens In
46d 21h 32m 54s
$275,000
Starting Bid
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Bidding Opens
Bidding Closes

Investment Sales Brokers

Jennifer Stein
Jennifer Stein Real Estate Inc
IL License: 471.018303
Josh Salzman
SVN | Senior Living Advisors
Aaron Thompson
SVN | Senior Living Advisors
Don Husi
SVN | Senior Living Advisors
John Klement
SVN | Senior Living Advisors

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.