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    200 Ace Rd Princeton, IL 61356

    Sponsored
    For Sale
    $320,000

    High-traffic location, versatile layout, great investment.

    Property size:
    1,672 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 1,672 square foot mixed-use property, located at 200 Ace Road Unit 3 in Princeton, Illinois, presents a compelling opportunity for both business owners and investors. Situated as the anchor unit in a well-maintained, newer five-unit professional building, this single-story suite boasts a highly desirable and convenient floor plan. A significant advantage is the rear drive-through access, expanding the potential uses for this versatile space. The property's location is unparalleled, offering exceptional visibility and proximity to major shopping areas, ensuring high foot traffic and convenient access for customers. This prime location also benefits from some of the highest traffic counts in Princeton. The low monthly association dues of $125 encompass all exterior maintenance, including lawn care and snow removal, minimizing ongoing expenses for the owner. This turnkey property is ready for immediate occupancy and offers an exceptional return on investment. Whether you envision establishing your own business or seeking a strong addition to your investment portfolio, this property is an ideal choice. The combination of its prime location, versatile layout, and low maintenance costs makes this a truly unique opportunity in the thriving Princeton market.

    Property Features for 200 Ace Rd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    1,672 SF

    Building Details

    Year Built
    2005
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    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
    -89.46576
    Latitude
    41.39533

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    FAQs

    What type of property is this?
    Mixed-use property - High-traffic location, versatile layout, great investment.
    Where is this mixed-use property located?
    The property is located at 200 Ace Rd Princeton, IL.
    What is the asking price?
    The asking price for this property is $320,000.
    (815) 875-1221
    Request Owner's contact information
    200 Ace Rd 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
    200 Ace Rd Princeton, IL 61356
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