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    Tiskilwa, IL Putnam, IL Sheffield, IL Spring Valley, IL Ladd, IL Walnut, IL Ohio, IL Mark, IL
    Twelve-Unit Mixed-Use Apartment Building
    Updated: May 12
    Twelve-Unit Mixed-Use Apartment Building

    400 N Main Street, Princeton, IL 61356

    $420,000
    Twelve‑unit mixed‑use property with three residential units and nine commercial spaces
    Residential mix includes two two‑bedroom apartments and one studio
    Partially finished lower level offers expansion options subject to zoning and approvals
    Built in 1947 with vinyl siding and natural gas forced‑air heat
    Parking lot on site with public water and public sewer
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    Spacious Mixed-Use Investment Opportunity
    Updated: Feb 13, 2025
    Spacious Mixed-Use Investment Opportunity

    777 S Main Street ALL, Princeton, IL 61356

    $349,000
    Four spacious units offer investment potential.
    Upper‑level units are rehabbed as 3 bedroom/2 bath condos.
    Lower‑level units suitable for office/tech use.
    Opportunity to update lower‑level units to meet specific needs.
    Upper level units rehabbed in 2019.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Princeton, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    16-Unit Apartment Portfolio
    16-Unit Apartment Portfolio

    201-207 S Maple Street, Toluca, IL 61369

    $900,000
    1.04 AC lot

    Four separately parceled 4-unit apartment buildings totaling 16 units on a 1.04-acre lot.

    View details
    Mixed-Use Retail and Apartment Building
    Mixed-Use Retail and Apartment Building

    134 Marquette Street, La Salle, IL 61301

    $650,000

    Remodeled retail/office space on the main level with nine upper-floor apartments in downtown LaSalle.

    View details
    Four-Building Multifamily Portfolio
    Four-Building Multifamily Portfolio

    201-207 S Maple Street, Toluca, IL 61369

    $900,000

    Sixteen apartments across four separate buildings include on-site laundry and storage, with 2022–2025 interior and building improvements.

    View details
    Mixed-Use Building with Retail and Apartments
    Mixed-Use Building with Retail and Apartments

    La Salle, IL 61301

    $349,900
    8,712 sqft

    Second-floor apartments are framed with electrical and plumbing rough-ins, plus HVAC ductwork largely installed, alongside ground-floor retail space.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

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    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $650,000
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

    View details
    Commercial Buildable Land Parcel
    Commercial Buildable Land Parcel

    801 NW 36th Avenue, Norman, OK 73072

    $250,000
    0.74 AC lot

    Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

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    Buildable Lot for Luxury Condos
    Buildable Lot for Luxury Condos

    801 36th Ave NW, Norman, OK 73072

    $285,000
    0.74 AC lot

    0.74 acre buildable lot zoned for low-density apartments.

    View details

    Princeton, IL Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Princeton, IL on our real estate platform.

    Sale prices for two-family homes in Princeton, IL start at $349,000, averaging $384,500, and reaching up to $420,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 11K
    Population Growth (5Y) +0.6%
    Median Household Income $63,952
    College Educated 37.0%

    High-Yield Neighborhoods for Investment

    Identify Princeton submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61356 $384.5K

    Taxes & Financing

    Tax Rate (average for all types) 7.61%
    Tax Rate vs County Average 0.95 pp below county avg
    Average Loan-to-Value 65.0%

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