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    133 Walnut St Princeville, IL 61559

    Sponsored
    For Sale
    $55,000

    Updated Office Building, Prime Location, 2816 sq ft

    Property size:
    2,816 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property, located at 133 N Walnut Street in the heart of Princeville, Illinois, presents a fantastic investment opportunity. Boasting a generous 2,816 square feet of space situated on a sizable 3.608-acre lot, this building offers ample room for a variety of business uses. The interior features a well-designed layout, including a welcoming public reception area complete with a counter for efficient client interaction. Four private office spaces provide individual work areas for enhanced productivity and privacy. A dedicated conference room is ideal for meetings and presentations, facilitating seamless collaboration. Furthermore, an upper loft area offers versatile additional space, perfect for use as extra office space or valuable storage. The building has recently been updated, ensuring a modern and functional workspace. Its central Princeville location provides excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in the community. The asking price of $55,000 represents exceptional value for a property of this size, location, and condition. This is a rare opportunity to acquire a well-maintained commercial building in a desirable location at a highly competitive price. Don't miss out on this chance to establish or expand your business in a thriving community.

    Property Features for 133 Walnut St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,816 SF
    Lot Size
    157,164,480 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Gym & Fitness Pharmacy Department Store Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Princeville
    County
    Peoria
    State
    Illinois
    Longitude
    -89.75638
    Latitude
    40.93081

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    FAQs

    What type of property is this?
    Commercial real estate - Updated Office Building, Prime Location, 2816 sq ft
    Where is this commercial real estate located?
    The property is located at 133 Walnut St Princeville, IL.
    What is the asking price?
    The asking price for this property is $55,000.
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    133 Walnut St Princeville, IL 61559
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    Princeville, IL 61559
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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
    133 Walnut St Princeville, IL 61559
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