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Historic Mixed-Use Building
For Sale
$299,000

902 N Main Street, Princeton, IL 61356

Commercial Sale, Princeton, IL

Property Size9,400 SF
Lot Size0.11 Acres
Price / SF$31.81
Days on Market330

Property Features for 902 N Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions Take Main Street to 902 north.
Subdivision Hollowayville / Princeton
Standard status Active
APN 1609311010
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 1422

Utilities

Cooling system Central Air

Building Details

Year built 1896
Floors in Building 2
Number of units 5
Building materials Brick, Stucco
Listing Agency: Landmark Realty of Illinois LLC
Listed By: Janelle McCarter · License #471004781
Added: Sep 30, 2025 Changed: Aug 20 Last Checked: Aug 25 at 5:06AM
MLS# 12484468

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.

Built in 1896, this two-story mixed-use commercial property combines brick and stucco construction with expansive front windows and a flexible interior. The building includes partitioned areas across both floors, two upper-level units suited to short- or long-term occupancy, and a basement cleared for future configuration. One of the rental units is currently operating as an Airbnb.

Major improvements include a replacement roof completed in 2020, a whole-building rooftop HVAC installation from 2022, electrical updates on the first floor and in the second-floor apartment foyer, and newer second-floor windows outside the finished apartment. Rear glass doors and repaired storefront glazing further update the building’s exterior. Located in Princeton’s Art District at 902 N Main Street, the property is zoned COMMR and occupies 0.1149 acres.

Key Highlights

  • Two‑story mixed‑use building constructed in 1896
  • 0.1149‑acre commercial property at 902 N Main Street, Princeton, IL 61356
  • Two upper‑level rental units; one currently operates as an Airbnb

Property Analytics

Current Use

Creative space

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Bakery Plumbing Service Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

350
Businesses Nearby

Demographics for 61356, IL

10,915
Population
5,120
Households
2.1
Avg Household Size
48
Median Age
28%
College-Educated
93%
High-School Grad
189.6 sq mi
ZIP Area
58
Density / Sq Mi
$63,952
Median Household Income
$35,830
Median Earnings
$751
Median Rent
$146,800
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-story commercial property with adaptable interior areas, rental accommodations, and prominent street-facing glazing in Princeton’s Art District.
Where is this mixed-use property located?
The property is located at 902 N Main Street Princeton, IL.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Two‑story mixed‑use building constructed in 1896; 0.1149‑acre commercial property at 902 N Main Street, Princeton, IL 61356; Two upper‑level rental units; one currently operates as an Airbnb
More about this property
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