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    525 Elm Pl Princeton, IL 61356

    Sponsored
    For Sale
    $1,175,000

    160,000 sq ft commercial space. High-growth potential.

    Property size:
    160,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional commercial property, located at 525 Elm Place in Princeton, Illinois, presents a significant investment opportunity. Boasting a substantial 160,000 square feet of space, this property is ideally suited for a wide range of business ventures. Its prime location in Princeton offers excellent accessibility and visibility, ensuring high traffic and potential for strong customer engagement. The property sits on a lot with zero acres, making it a compact and efficient space. The asking price is $1,175,000, representing a compelling value for such a large and strategically positioned commercial asset. The property's size and location make it suitable for various business models, from warehousing and distribution to manufacturing or light industrial operations. Serious inquiries are encouraged to explore the full potential of this exceptional commercial real estate offering. The absence of acreage allows for focused development and efficient operations, minimizing land management concerns. This property presents a rare chance to acquire a significant commercial footprint in a thriving Illinois community. Its versatility and strategic location make it an attractive proposition for investors seeking substantial returns. Further details and potential uses can be discussed upon request. This is a turnkey opportunity for a business looking to establish or expand its operations in a prime location.

    Property Features for 525 Elm Pl

    General Information

    Property type
    Investment properties
    Square Feet
    160,000 SF

    Building Details

    Year Built
    1960
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Princeton
    County
    Bureau
    State
    Illinois
    Longitude
    -89.45586
    Latitude
    41.38646

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    FAQs

    What type of property is this?
    Investment property - 160,000 sq ft commercial space. High-growth potential.
    Where is this investment property located?
    The property is located at 525 Elm Pl Princeton, IL.
    What is the asking price?
    The asking price for this property is $1,175,000.
    (815) 223-3875
    Request Owner's contact information
    525 Elm Pl Princeton, IL 61356
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    Princeton, IL 61356
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    525 Elm Pl Princeton, IL 61356
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