Versatile Mixed-Use Building For
2 Park Avenue W, Princeton, IL 61356
Call to check price and availability
Mixed-use property with commercial and residential potential in prime location.
Type:Mixed Use
Property size:
3,066 SFPrice / SF:
$84/SF- Added:
- Mar 10, 2026
- Days on Market:
- 64
- Last Refresh:
- Mar 19 at 10:56 pm
Property Features for 2 Park Avenue W
General Information
- Standard status
- Active
- Size
- 3,066 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1886
Listing agent Janelle McCarter License #471.004781
Listing office Landmark Realty of Illinois LLC (815) 875-1221
Listing date Mar 10, 2026
Source Crexi
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 Landmark Realty of Illinois LLC
HighLights
- Prime location on the highly desirable courthouse circle with excellent visibility and accessibility.
- Flexible zoning allows for commercial or residential use on both levels.
- Substantial square footage (3,066 sq ft per level) provides exceptional versatility for various uses.
- Main floor is already configured as a professional office space with multiple exam rooms, offices, and handicap‑accessible bathrooms.
- New membrane and shingled roofs installed in 2023.
- Potential for multiple tenants/businesses with the ability to divide the main floor into two separate units, each with its own entrance.
Overview
This brick building presents an opportunity for investors or business owners seeking a flexible mixed-use property in a visible location. The building offers 3,066 square feet on each level, providing versatility for commercial or residential uses. The main floor is configured as a doctor's office, featuring multiple exam rooms, a lab, offices, and additional workspace. It is also suitable for an attorney's office, accounting firm, or counseling center. Remodeled in 2002, the floor plan can be divided into two separate units, each with its own entrance, suitable for multiple tenants or businesses. Two handicap-accessible bathrooms are included. The upstairs area is a large open space previously used by a fraternal organization, offering possibilities for various uses. With flexible zoning, both levels may be used for commercial or residential purposes. The square footage allows for renovation into apartments, a mix of residential and office space, or continued use as a commercial property. Plumbing on the second floor was shut off but could be restored. Multiple entrances are available on both levels. New membrane and shingled roofs were installed in 2023. The property offers visibility and accessibility for businesses.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Medical Office Space
Location Insight
- Map
- Local Demand
- City
- Princeton
- County
- Bureau
- State
- Illinois
- Longitude
- -89.463607
- Latitude
- 41.368012
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with commercial and residential potential in prime location.
Where is this mixed-use property located?
The property is located at 2 Park Avenue W Princeton, IL.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Prime location on the highly desirable courthouse circle with excellent visibility and accessibility.; Flexible zoning allows for commercial or residential use on both levels.; Substantial square footage (3,066 sq ft per level) provides exceptional versatility for various uses.
