Medical Premises

Princeton, IL Medical Office Space for Sale

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Tiskilwa, IL Putnam, IL Spring Valley, IL
Versatile Mixed-Use Building For Sale
Updated: Mar 10
Versatile Mixed-Use Building For Sale

2 Park Avenue W, Princeton, IL 61356

$259,000
3,066 sqft
Prime location on the highly desirable courthouse circle with excellent visibility and accessibility.
Flexible zoning allows for commercial or residential use on both levels.
Substantial square footage (3,066 sq ft per level) provides exceptional versatility for various uses.
Main floor is already configured as a professional office space with multiple exam rooms, offices, and handicap‑accessible bathrooms.
New membrane and shingled roofs installed in 2023.
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 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, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Former Medical Office Building
Former Medical Office Building

1561 N Division Street, Morris, IL 60450

$550,000
4,600 sqft · 8.34 AC lot

Multi-room office building with exam rooms and ample parking, offering flexible space on a sizable lot.

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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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Versatile Building on Large Lot
Versatile Building on Large Lot

1561 N Division Street, Morris, IL 60450

$550,000
2,484 sqft · 8.34 AC lot

4,600 SF building on 8.43 acres, formerly medical office.

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Medical Office Building For Sale
Medical Office Building For Sale

9118 N Lindbergh Dr, Peoria, IL

$700,000
4,193 sqft · 1.35 AC lot

4,193 SF medical office building, fully occupied, Peoria, Illinois.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Glen Avenue Commercial Development Opportunity
Glen Avenue Commercial Development Opportunity

1105 W Glen Ave, Peoria, IL 61614

$275,000
0.80 AC lot

Prime commercial land for development in Peoria's retail corridor.

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Commercial Land Parcel For Sale
Commercial Land Parcel For Sale

14 N Seminary Square, Galesburg, IL 61401

$1,000,000
3.99 AC lot

3.99 acre commercial land with development potential.

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Commercial Lot on Eola Road
Commercial Lot on Eola Road

2234 S Eola Road, Aurora, IL 60503

$475,000
1.06 AC lot

Commercial lot with frontage on Eola Road in Aurora, IL.

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Prime Land in Randall Road
Prime Land in Randall Road

6850 Huntley Road, Carpentersville, IL 60110

$550,000
2.38 AC lot

2.38 acres in Carpentersville's Randall Road Commercial District.

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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.

1310 Il-26 Hwy
Government properties

1310 Il-26 Hwy, Princeton, IL 61356

Value Estimation by Request
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Princeton, IL Medical Office Space Market Trends and Statistics

Explore 2 medical office space for sale in Princeton, IL on our real estate platform. These investment opportunities span a total of 3,066 square feet of properties for sale, with an estimated market value of $259,000.

Sale prices for medical spaces in Princeton, IL start at $259,000, averaging $259,000, and reaching up to $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 4
Medical Office 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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