Mixed-Use Apartment and Retail Building

400 N Main Street Princeton, IL 61356

Claim this Listing
For Sale
$420,000

MULTI_FAMILY - Princeton, IL

Added:
May 12, 2026
Days on Market:
60
Last Refresh:
Jul 10 at 11:06 pm

Property Features for 400 N Main Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
5
Rooms
Basement, Bathroom 5, Bathroom 2, Bedroom 4, Bathroom 3, Bedroom 2, Bedroom 3, Bedroom 5, Bathroom 4, Bathroom 1, Bedroom 1
Parking
12
Parking features
Parking Lot
Basement
Full, Unfinished
Standard status
Active
APN
1609364010

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
2201

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public

Building Details

Year built
1947
Building materials
Vinyl Siding

Listing agent Janelle McCarter License #471004781

Listing office Landmark Realty of Illinois LLC 1221 N. Main St., Princeton, IL

Listing date May 12, 2026

MLS# 12646206 Listing URL

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This well-maintained mixed-use property contains 12 total units, combining three residential apartments with nine commercial spaces that front the building. The residential mix includes two two-bedroom apartments and one studio, while the commercial component is designed to provide diversified income streams. The property has undergone significant renovations in recent years and is presented as turnkey, with all units reported in strong condition.

Located at 400 N Main Street in Princeton, Illinois (Bureau County), the building offers street-facing storefront presence for the commercial spaces.

A partially finished lower level adds additional usable space and may allow further development or expansion in line with local zoning and approvals. This configuration supports multiple income streams within a single, renovated asset.

Key Highlights

  • 12‑unit mixed‑use property with 3 residential units and 9 commercial spaces
  • Residential mix includes two 2‑bedroom apartments and one studio
  • Partially finished lower level provides potential for additional development (subject to local zoning/approvals)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Real Estate Agency Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair Electrical Service Hair Salon Daycare Center Big Box & Wholesale Store Barber Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Well-maintained 12-unit mixed-use building with three residential units and nine commercial storefront spaces.
Where is this apartment building located?
The property is located at 400 N Main Street Princeton, IL.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: 12‑unit mixed‑use property with 3 residential units and 9 commercial spaces; Residential mix includes two 2‑bedroom apartments and one studio; Partially finished lower level provides potential for additional development (subject to local zoning/approvals)
Contact an agent
More about this property
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