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Flex Space with Attached Offices
For Sale
$799,900

1051 Ace Road, Princeton, IL 61356

M-1 property combines manufacturing capacity with a three-story professional office component.

Property Size11,175 SF
Lot Size3.65 Acres
Price / SF$71.58
Days on Market356

Property Features for 1051 Ace Road

General Information

Standard status Active
Size 11,175 SF
Lot size 3.65 Acres
Property subtype Commercial
Zoning M-1

Site & Location

Highway Access Yes
Utilities to Site Yes

Additional Details

Warehouse Space 9,375 SF

Taxes and HOA fees

Annual Taxes $675

Amenities

observation deck
breakroom
conference room

Building Details

Building Size 11,175 SF
Year Built 2025
Buildings 1
Stories 3
Listing Agency: RE/MAX Traders Unlimited
Listed By: Justin Ball · License #475175281
Source: Craggsrealtors
Added: Sep 9, 2025 Changed: Aug 30 Last Checked: Aug 30 at 12:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Traders Unlimited

Investment Insights

Based on property information with market context.

Built in 2025, this M-1 flex property combines a 9,375 SF warehouse or manufacturing area with a connected three-story office building. The industrial portion includes two 18' overhead doors, overhead crane capabilities, acoustically treated metal construction, an observation deck, and NRC and STC ratings of 1.0 and 35. Office improvements include 7 offices, a breakroom, conference room, restrooms, storage, and an open-concept mezzanine. The third floor is prepared for future finish-out.

The property occupies 3.65 acres in Princeton Technology Park, just off I-80, with highway access toward Chicago, Rockford, the Quad Cities, and Peoria. It is also within Foreign Trade Zone #114 and offers access to tax incentives and updated city utilities.

Key Highlights

  • 9,375 SF warehouse or manufacturing area with attached 3‑story office building
  • 3.65‑acre M‑1 property in Princeton Technology Park
  • Two 18' overhead doors and overhead crane capabilities

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Electrical Service Furniture & Home Goods Locksmith Bakery Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

239
Businesses Nearby
Well-served
Demand for This Use

Demographics for 61356, IL

10,915
Population
5,120
Households
2.1
Avg Household Size
48
Median Age
28%
College-Educated
93%
High-School Grad
189.6 sq mi
ZIP Area
58
Density / Sq Mi
$63,952
Median Household Income
$35,830
Median Earnings
$751
Median Rent
$146,800
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - M-1 property combines manufacturing capacity with a three-story professional office component.
Where is this flex space located?
The property is located at 1051 Ace Road Princeton, IL.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: 9,375 SF warehouse or manufacturing area with attached 3‑story office building; 3.65‑acre M‑1 property in Princeton Technology Park; Two 18' overhead doors and overhead crane capabilities
More about this property
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