Mixed-Use

Princeton, IL Mixed-use Properties for Sale

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Tiskilwa, IL Putnam, IL Sheffield, IL Ladd, IL Spring Valley, IL Walnut, IL Ohio, IL Mark, IL
12-Unit Mixed-Use Building
Updated: Mar 30
12-Unit Mixed-Use Building

400 N Main Street, Princeton, IL 61356

$420,000
0.36 AC lot
12‑unit mixed‑use property with 3 residential units (two 2‑bedroom apartments and 1 studio) plus 9 commercial spaces
Recent renovations reported, with units described as in strong condition for revenue from day one
Partially finished lower level offering potential value‑add through additional residential or commercial units (subject to zoning/approvals)
Window unit cooling and vinyl siding construction
Natural gas available
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Versatile Mixed-Use Building For Sale
Updated: Mar 10
Versatile Mixed-Use Building For Sale

2 Park Avenue W, Princeton, IL 61356

Contact for pricing
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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Renovated 12-Unit Mixed-Use Building
Renovated 12-Unit Mixed-Use Building

400 N Main Street, Princeton, IL 61356

$420,000

Renovated mixed-use property with three residential units and nine commercial spaces, plus a partially finished lower level.

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Spacious Mixed-Use Investment Opportunity
Spacious Mixed-Use Investment Opportunity

777 S Main Street ALL, Princeton, IL 61356

$349,000

Mixed-use property with rehabbed condos and office units for sale.

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 4 Active listings in Princeton, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

Mixed-Use Building with Apartment Potential
Mixed-Use Building with Apartment Potential

La Salle, IL 61301

$349,900
0.20 AC lot

Mixed-use building with six apartments and retail space potential.

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North Peoria Mixed-Use Opportunity
North Peoria Mixed-Use Opportunity

8001 N University St, Peoria, IL 61615

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37,750 sqft 4.49 AC lot

37,750 SF office/retail/warehouse space for sale in North Peoria.

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Two-Story Mixed-Use Three-Unit Property
Two-Story Mixed-Use Three-Unit Property

La Salle, IL 61301

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Well-maintained two-story mixed-use building with three separately metered units, including a main-level bar/restaurant/retail space.

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Retail/Office Building on Knoxville Avenue
Retail/Office Building on Knoxville Avenue

1916 Knoxville Ave, Peoria, IL 61603

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11,410 sqft 0.59 AC lot

11,410 SF retail/office building near downtown Peoria.

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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.

High-Visibility Corner Lot
High-Visibility Corner Lot

201 North Washington Street, Carbondale, IL 62901

$40,000

Commercial corner lot in downtown Carbondale, ideal for development.

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Prime Commercial Land Opportunity
Prime Commercial Land Opportunity

8215 N ALLEN Road, Peoria, IL 61615

$1,300,000
2.92 AC lot

3-acre commercial land in high-traffic Peoria area.

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Glen Avenue Commercial Development Opportunity
Glen Avenue Commercial Development Opportunity

1105 W Glen Ave, Peoria, IL 61614

Contact for pricing
0.80 AC lot

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

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Corner Commercial Development Land
Corner Commercial Development Land

2113 IL Route 47, Yorkville, IL 60560

$1,695,000
4.25 AC lot

4.25-acre B-3 zoned corner parcel with major Route 47 frontage for flexible commercial site development.

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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.

22 Park Ave
Mixed-use properties

22 Park Ave, Princeton, IL 61356

Value Estimation by Request
7,484 sqft
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200 Ace Rd
Mixed-use properties

200 Ace Rd, Princeton, IL 61356

Value Estimation by Request
1,672 sqft
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Princeton, IL Mixed-Use Properties Market Trends and Statistics

Explore 6 mixed-use properties for sale in Princeton, IL, showcased through 4 active listings 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 $1,189,000.

Sale prices for multi use buildings in Princeton, IL start at $349,000, averaging $396,333, and reaching up to $420,000 — 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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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 $304K

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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