12-Unit Mixed-Use
For Sale
$420,000
400 N Main Street, Princeton, IL 61356
Nine commercial spaces and three apartments form a renovated, mixed-use building.
Property Size7,786 SF
Price / SF$53.94
Days on Market213
Property Features for 400 N Main Street
General Information
Standard status
Active
Size
7,786 SF
Property subtype
Commercial
Zoning
COMMR
Units
Unit Mix
2 x 2BR, 1 x studio
Multifamily Units
3
Additional Details
Mixed-Use Components
residential, commercial
Taxes and HOA fees
Annual Taxes
$2,898
Building Details
Building Size
7,786 SF
Year Built
1947
Stories
3
Units
12
Tenancy
Multi
Listing Agency:
Landmark Realty of Illinois LLC
Listed By:
Janelle McCarter · License #471004781
(815) 875-1221
Source:
Fishmangroup
Added: Mar 30
Changed: Oct 25
Last Checked: Oct 26 at 3:49AM
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
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Investment Insights
Based on property information with market context.
The 7,786-square-foot property combines nine commercial spaces with three apartments: two two-bedroom units and one studio. Renovations have been completed over the past several years, and the lower level is partially finished. The building dates to 1947 and is zoned COMMR.
Located at 400 N Main Street in Princeton, Illinois, the property has a 12-unit mix of commercial and residential space.
Located at 400 N Main Street in Princeton, Illinois, the property has a 12-unit mix of commercial and residential space.
Key Highlights
- 12‑unit configuration includes nine commercial spaces and three apartments
- Residential mix: two two‑bedroom apartments and one studio
- 7,786 square feet; built in 1947
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Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
414
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Nine commercial spaces and three apartments form a renovated, mixed-use building.
Where is this mixed-use property located?
The property is located at 400 N Main Street Princeton, IL.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: 12‑unit configuration includes nine commercial spaces and three apartments; Residential mix: two two‑bedroom apartments and one studio; 7,786 square feet; built in 1947
