Two-Story Mixed-Use
For Sale
$299,000
902 N Main Street, Princeton, IL 61356
Commercial Sale, Princeton, IL
Property Size9,400 SF
Lot Size0.11 Acres
Price / SF$31.81
Days on Market369
Property Features for 902 N Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMMR
Directions
Take Main Street to 902 north.
Subdivision
Hollowayville / Princeton
Standard status
Active
APN
1609311010
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
1422
Utilities
Cooling system
Central Air
Building Details
Year built
1896
Floors in Building
2
Number of units
5
Building materials
Brick, Stucco
Listing Agency:
Landmark Realty of Illinois LLC
(815) 875-1221
Listed By:
Janelle McCarter · License #471004781
(815) 252-7283
Added: Sep 30, 2025
Changed: Oct 1
Last Checked: Oct 3 at 12:06AM
MLS# 12484468
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.
Dating to 1896, this two-story brick-and-stucco property contains nearly 9,400 square feet. Its commercial and residential components include two second-floor rental units, one of which is operating as a short-term rental. Interior partitions on both floors support a range of possible layouts, while the cleared basement provides additional interior space.
The building is in Princeton’s Art District and has COMMR zoning. Improvements include a roof installed in 2020 and a rooftop HVAC unit added in 2022. Electrical work has been completed on the first floor and in the upstairs apartment foyer; second-floor windows were replaced except in the finished apartment, which already had updated windows. New glass doors were added at the rear, and damaged storefront glass was replaced.
The building is in Princeton’s Art District and has COMMR zoning. Improvements include a roof installed in 2020 and a rooftop HVAC unit added in 2022. Electrical work has been completed on the first floor and in the upstairs apartment foyer; second-floor windows were replaced except in the finished apartment, which already had updated windows. New glass doors were added at the rear, and damaged storefront glass was replaced.
Key Highlights
- Nearly 9,400 square feet in a two‑story building
- Two second‑floor rental units; one operates as a short‑term rental
- Roof installed in 2020; rooftop HVAC added in 2022
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
350
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Upper-level apartments complement commercial space in Princeton’s Art District.
Where is this mixed-use property located?
The property is located at 902 N Main Street Princeton, IL.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Nearly 9,400 square feet in a two‑story building; Two second‑floor rental units; one operates as a short‑term rental; Roof installed in 2020; rooftop HVAC added in 2022
