Search
Two-Level Mixed-Use Building
For Sale
$259,000

2 Park Ave W, Princeton, IL 61356

Brick construction and flexible zoning support commercial or residential use across two levels.

Property Size6,132 SF
Price / SF$42.24
Days on Market19

Property Features for 2 Park Ave W

General Information

Standard status Active
Size 6,132 SF

Property Condition

Severity Repairs Needed
Evidence plumbing on the second floor was shut off

Amenities

handicap-accessible bathrooms

Building Details

Year Built 1886
Year Renovated 2002
Buildings 1
Stories 2
Building Size 6,132 SF
Construction brick
Listing Agency: Landmark Realty of Illinois LLC
Listed By: Janelle McCarter · License #471004781
Source: Bktchicago
Added: Aug 12 Changed: Aug 29 Last Checked: Aug 29 at 1:19PM

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 Landmark Realty of Illinois LLC

Investment Insights

Based on property information with market context.

Located at 2 Park Ave W in Princeton, this 6,132-square-foot brick building contains 3,066 square feet on each of its two levels. The main floor is arranged as a medical office with exam rooms, a lab, offices, workspace, and two handicap-accessible bathrooms. Multiple entrances serve both floors, and the lower level could be separated into two units. The building was remodeled in 2002.

The upper floor provides a broad open interior that was previously occupied by a fraternal organization. Flexible zoning allows commercial or residential use on both levels, including continued office occupancy or a future combination of office and residential space. Plumbing on the second floor has been shut off for years and may require restoration for plans involving additional facilities. New membrane and shingled roofs were installed in 2023. The property is positioned on the courthouse circle with access from Park Ave W.

Key Highlights

  • 6,132 SF building with 3,066 square feet on each level
  • Flexible zoning permits commercial or residential use on both floors
  • Main level includes exam rooms, lab, offices, workspace, and two handicap‑accessible bathrooms

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Big Box & Wholesale Store Barber Shop (Bike/Boat/Book/etc) Store Accounting Firm

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

Location Intelligence

Trade Area within ½ mile

542
Businesses Nearby

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick construction and flexible zoning support commercial or residential use across two levels.
Where is this mixed-use property located?
The property is located at 2 Park Ave 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: 6,132 SF building with 3,066 square feet on each level; Flexible zoning permits commercial or residential use on both floors; Main level includes exam rooms, lab, offices, workspace, and two handicap‑accessible bathrooms
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message