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    105 Ace Rd Princeton, IL 61356

    For Sale
    $450,000

    Prime I-80 location, 3500 sq ft, high visibility.

    Property size:
    3,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional commercial property, situated at 105 Ace Road in Princeton, Illinois, presents a unique opportunity for a variety of businesses. Boasting approximately 3,500 square feet of space, this former restaurant enjoys an unparalleled location just off Interstate 80, ensuring high visibility and accessibility. The building features ample parking, catering to the needs of customers and employees alike. Internal features include two restrooms and a spacious atrium, adding to the functionality and appeal of the space. The property's zoning designation is B2, according to the city zoning map, offering flexibility for a range of commercial uses. Its strategic location places it in close proximity to several major retail establishments, including Casey's, Walmart, Culver's, and a large grocery store, guaranteeing significant foot traffic and exposure to a substantial customer base. This high-traffic area ensures maximum visibility and accessibility for any business seeking a prominent location in Princeton. The property's size and amenities make it an ideal location for a restaurant, retail store, or other commercial enterprise. The building is ready for immediate occupancy and offers a significant opportunity for growth and success. Serious inquiries are encouraged.

    Property Features for 105 Ace Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,500 SF

    Building Details

    Year Built
    1998
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Princeton
    County
    Bureau
    State
    Illinois
    Longitude
    -89.46702
    Latitude
    41.39577

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    FAQs

    What type of property is this?
    Commercial real estate - Prime I-80 location, 3500 sq ft, high visibility.
    Where is this commercial real estate located?
    The property is located at 105 Ace Rd Princeton, IL.
    What is the asking price?
    The asking price for this property is $450,000.
    (815) 288-0998
    Request Owner's contact information
    105 Ace Rd 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
    105 Ace Rd Princeton, IL 61356
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