Vacant 115,000 SF Specialty Building on 5+ Acres | Illinois

Highlights:

• 115,000 SF former senior care campus on 5.22 acres, comprised of the Holden Building (1928, 4 stories) and Wesley Building (1967 with 1974, 1990, and 1991 additions).
• Located one block off State Route 1 / IL-1, with measured traffic counts of 4,200 to 7,098 AADT within a quarter mile of the site.
• Effingham and Central Illinois submarket within the Terre Haute, IN-IL DMA, drawing from 5,495 residents and 2,338 daytime employees within 3 miles.
• Institutional infrastructure in place: wet sprinklers, commercial kitchen, multiple dining rooms, community room, daycare center, four-car garage, 50 surface spaces and room for expansion.
• Robust electrical service of 600 amp to the Holden Building and combined 3,000 amp and 800 amp to the Wesley Building, supporting medical or institutional reuse without major upgrades.
• Prior fully licensed skilled nursing use supports flexibility for reactivation, behavioral health or assisted living conversion, or adaptive reuse for workforce or affordable housing.

Description:

The Former Lawrenceville Campus is a 115,000 square foot, two-building healthcare property situated on a 5.22 acre site at 1616 Cedar Street in Lawrenceville, Illinois. The campus is comprised of the Holden Building, originally constructed in 1928, which is approximately 47,000 square feet across four stories of masonry construction with 106 patient rooms, 56 service rooms, and 90 bathrooms, and the Wesley Building, originally constructed in 1967 with subsequent additions in 1974, 1990 (a 28-bed Alzheimer's unit), and 1991 (daycare center), which totals approximately 68,000 square feet and offers 240 patient rooms, 64 service rooms, 104 bathrooms, a commercial kitchen, two large dining rooms, a community room, a daycare center, a four-car garage, and two airlock entries. The campus features wet sprinkler protection, 600 amp electrical service to the Holden Building, and combined 3,000 amp and 800 amp service to the Wesley Building, with 50 surface parking spaces on site.

Lawrenceville is the county seat of Lawrence County and sits within the Effingham and Central Illinois submarket and the Terre Haute, IN-IL designated market area. The site is located one block off State Route 1, also designated IL-1, the primary north and south arterial through Lawrenceville, with traffic counts ranging from 4,200 to 7,098 vehicles per day measured within a quarter mile of the property. The 3-mile trade area supports a population of 5,495 residents, 2,370 households, 2,338 daytime employees, and a median household income of $50,978. Lawrenceville sits roughly 60 miles north of Evansville, Indiana and within reasonable drive of the Vincennes and Robinson markets, with regional employment anchored by oil and gas operations, Lawrence County Memorial Hospital, and the Vincennes University Lawrenceville Higher Education Center.

The asset offers a substantial healthcare-oriented improvement with institutional infrastructure already in place, providing meaningful flexibility for an investor or operator. The two-building configuration supports a range of strategies, including reactivation as a licensed skilled nursing or assisted living facility, conversion to behavioral health or residential care, redevelopment for workforce or affordable housing, or a phased adaptive reuse plan that preserves the historic Holden Building while modernizing the Wesley wings. Existing commercial kitchen capacity, multiple dining and community spaces, sprinklered construction, and robust electrical service materially reduce the capital outlay required to bring the campus back online relative to ground-up alternatives.


For more information:
https://rimarketplace.com/auction/3245/senior-housing/lawrenceville/il?utm_source=brevitas&utm_medium=listing_paid&utm_campaign=august5_2026&utm_content=senior_housing_3245

Bidding Opens
Aug 04, 2026 12:00 AM
Bidding Ends
Aug 06, 2026 12:00 AM