Two-Story Mixed-Use Commercial Building

902 N Main Street Princeton, IL 61356

Claim this Listing
For Sale
$299,000

COMMERCIAL - Princeton, IL

Property size:
9,400 SF
Lot size:
0.11 Acres
Price / SF:
$31/SF
Added:
Sep 30, 2025
Days on Market:
284
Last Refresh:
Jul 10 at 11:06 pm

Property Features for 902 N Main Street

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
COMMR
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 agent Janelle McCarter License #471004781

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

Listing date Sep 30, 2025

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.

Located at 902 N Main Street in Princeton, this two-story commercial building offers a flexible layout designed for multiple uses under one roof. Near floor-to-ceiling front windows bring light to the main level, and the interior has seen substantial modernization, including added partitions on both floors. The basement has been gutted of old walls, creating a clean slate for future improvements.

On the second floor, there are two short-term or long-term rental units, with one unit already operating successfully as an Airbnb. Major projects have already been completed, including a new roof installed in 2020, and a whole-building rooftop HVAC unit added in 2022. Electrical systems have been improved on both the first floor and in the upstairs apartment foyer. Additional updates include new windows on the second floor (except for the finished apartment), replaced broken storefront glass and updated back-of-building glass doors.

The property is zoned COMMR, supporting a range of potential commercial and income uses consistent with the building’s existing mixed-use configuration.

Key Highlights

  • Two‑story commercial building built in 1896 with brick and stucco construction
  • Nearly 9,400 SF with design for multiple uses under one roof, including boutiques, galleries, co‑working, studios, and cafes
  • Second floor includes two rental units; one unit is operating as an Airbnb

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Bakery Plumbing Service Skin Care Clinic Daycare Center Dental Office (Bike/Boat/Book/etc) Store Electrical Service

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

FAQs

What type of property is this?
Short term rental property - Two-story building with updated roof, rooftop HVAC, and second-floor rental units, one currently operating as an Airbnb.
Where is this short term rental 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 commercial building built in 1896 with brick and stucco construction; Nearly 9,400 SF with design for multiple uses under one roof, including boutiques, galleries, co‑working, studios, and cafes; Second floor includes two rental units; one unit is operating as an Airbnb
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