Medical Premises

Princeton, IL Medical Office Space for Sale

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Wyanet, IL Tiskilwa, IL Putnam, IL Sheffield, IL Ladd, IL Walnut, IL Spring Valley, IL Granville, IL
Brick Mixed-Use Building
Updated: Mar 10
Brick Mixed-Use Building

2 Park Avenue W, Princeton, IL 61356

$259,000
0.17 AC lot
3,066 square feet on each of two levels
COMMR zoning allows commercial or residential use
Main floor medical office with exam rooms, lab, offices, and workspace
Large open second‑floor area with multiple entrances
New membrane and shingled roofs installed in 2023
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Two-Level Mixed-Use Building
Updated: Aug 12
Two-Level Mixed-Use Building

2 Park Ave W, Princeton, IL 61356

$259,000
6,132 sqft
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
Upper floor offers a large open interior previously used by a fraternal organization
Multiple entrances and a lower‑level layout that can be divided into two units
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Princeton, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated Medical Office Space
Renovated Medical Office Space

1620 9th St, East Moline, IL 61244

$239,900
1,777 sqft

Medical office with patient rooms, reception areas, built-in cabinetry, sinks, and on-site parking.

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Former Health Clinic Facility
Former Health Clinic Facility

7801 N. Knoxville Avenue, Peoria, IL 61615

$975,000

Former clinic space with multiple exam rooms, waiting areas, and ample on-site parking on a 2.18-acre lot.

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Medical Office Condo
Medical Office Condo

1605 W Candletree Dr, Peoria, IL 61614

Contact for pricing
1,200 sqft

Configured with reception, private treatment rooms, restrooms, and open area for a healthcare-office layout.

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Occupied Mixed-Use Building with Apartments
Occupied Mixed-Use Building with Apartments

609-615 15TH Avenue, East Moline, IL 61244

$399,900

Upper-level apartments are paired with leased commercial space on the main level.

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Off-Market Properties in Princeton, IL

Consider similar Off-Market properties in Princeton, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Princeton, IL Medical Office Space Market Trends and Statistics

Explore 3 medical office space for sale in Princeton, IL on our real estate platform. These investment opportunities span a total of 6,132 square feet of properties for sale, with an estimated market value of $518,000.

Sale prices for medical spaces in Princeton, IL average $259,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 6
Office buildings 4
Medical Office Space 2
Coworking space 1
Creative space 1

Demographics Overview

Population 11K
Population Growth (5Y) +0.6%
Median Household Income $63,952
College Educated 37.0%

High-Yield Neighborhoods for Investment

Identify Princeton submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
61356 $259K

Taxes & Financing

Tax Rate (average for all types) 7.61%
Tax Rate vs County Average 0.95 pp below county avg
Average Loan-to-Value 65.0%

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