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Mixed-Use Building with Condo
For Sale
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609 S Main St, Princeton, IL 61356

Main-floor business space paired with a second-floor residential condo under construction.

Property SizeContact for details
Days on Market143

Property Features for 609 S Main St

General Information

Standard status Active
Property subtype Mixed Use, Office, Retail

Additional Details

Business Included Yes
Listing Agency: Landmark Realty Of Illinois LLC
Listed By: Roxana Noble · License #IL
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 3:26AM

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.

This mixed-use property combines commercial space on the main floor with a residential condominium being built above. The planned condo includes 2 bedrooms, 1.5 baths, a kitchen with stainless steel appliances, skylights, and a large picture window facing Main Street. The upper-level layout can be customized by the buyer during construction, with estimated completion scheduled for May 2021.

The property is located at 609 S Main St in Princeton, Illinois, near local restaurants, shops, and Soldiers & Sailors Park. The configuration supports an owner-user arrangement with business activity below and residential occupancy above, or separate commercial and residential use.

Key Highlights

  • Mixed‑use configuration at 609 S Main St, Princeton, IL 61356
  • Main‑floor commercial space with a second‑floor condo under construction
  • Planned 2 BR, 1.5 Bath residential layout

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Big Box & Wholesale Store Hair Salon (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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

571
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Main-floor business space paired with a second-floor residential condo under construction.
Where is this mixed-use property located?
The property is located at 609 S Main St Princeton, IL.
What are key features of this property?
This property features: Mixed‑use configuration at 609 S Main St, Princeton, IL 61356; Main‑floor commercial space with a second‑floor condo under construction; Planned 2 BR, 1.5 Bath residential layout
More about this property
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