12-Unit Mixed-Use
For Sale
$420,000
400 N Main Street, Princeton, IL 61356
Commercial Sale, Princeton, IL
Property SizeContact for details
Lot Size0.36 Acres
Days on Market149
Property Features for 400 N Main Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
COMMR
Directions
North Main Street in Princeton
Subdivision
Hollowayville / Princeton
Standard status
Active
APN
1609364010
Lot size
0.36 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
3232
Utilities
Utilities
Natural Gas Available
Cooling system
Window Unit(s)
Building Details
Year built
1947
Floors in Building
3
Number of units
12
Building materials
Vinyl Siding
Listing Agency:
Landmark Realty of Illinois LLC
(815) 875-1221
Listed By:
Janelle McCarter · License #471004781
(815) 252-7283
Added: Mar 30
Changed: Aug 20
Last Checked: Aug 25 at 4:06AM
MLS# 12470751
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 12-unit mixed-use building contains three residential apartments and nine commercial spaces. The residential component includes two two-bedroom apartments and one studio, creating a varied unit mix within the property. The building has undergone significant renovations over the past several years, and the units are described as being in strong condition. A partially finished lower level adds additional interior space for future planning, subject to local zoning and approvals.
The property occupies 0.36 acres at 400 N Main Street in Princeton, Illinois. Built in 1947, it features vinyl siding, window unit cooling, and natural gas availability. The property is identified with COMMR zoning and includes both residential and commercial components in one building.
The property occupies 0.36 acres at 400 N Main Street in Princeton, Illinois. Built in 1947, it features vinyl siding, window unit cooling, and natural gas availability. The property is identified with COMMR zoning and includes both residential and commercial components in one building.
Key Highlights
- 12‑unit mixed‑use property with 3 residential apartments and 9 commercial spaces
- Residential mix includes two two‑bedroom apartments and one studio
- Partially finished lower level
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
414
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated building combines residential apartments with commercial spaces and a partially finished lower level.
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 mixed‑use property with 3 residential apartments and 9 commercial spaces; Residential mix includes two two‑bedroom apartments and one studio; Partially finished lower level
