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    Princeton, IL
    Multifamily

    Princeton, IL Multifamily Properties for Sale

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    Tiskilwa, IL Putnam, IL Sheffield, IL Spring Valley, IL Ladd, IL Walnut, IL Ohio, IL Mark, IL
    Two-Story Mixed-Use Commercial Building
    Updated: Sep 30, 2025
    Two-Story Mixed-Use Commercial Building

    902 N Main Street, Princeton, IL 61356

    $299,000
    0.11 AC lot
    Two‑story commercial building built in 1896 with brick and stucco construction
    Nearly 9,400 SF with design for multiple uses under one roof, including boutiques, galleries, co‑working, studios, and cafes
    Second floor includes two rental units; one unit is operating as an Airbnb
    New roof installed in 2020 and whole‑building rooftop HVAC unit added in 2022
    Central air, plus improved electrical systems on the first floor and in the upstairs apartment foyer
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    Twelve-Unit Mixed-Use Apartment Building
    Updated: May 12
    Twelve-Unit Mixed-Use Apartment Building

    400 N Main Street, Princeton, IL 61356

    $420,000
    Twelve‑unit mixed‑use property with three residential units and nine commercial spaces
    Residential mix includes two two‑bedroom apartments and one studio
    Partially finished lower level offers expansion options subject to zoning and approvals
    Built in 1947 with vinyl siding and natural gas forced‑air heat
    Parking lot on site with public water and public sewer
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    Charming Duplex with Modern Updates
    Charming Duplex with Modern Updates

    311 W Franklin Street, Princeton, IL 61356

    $178,500

    Updated 2-bedroom, 2-bath duplex with stainless steel appliances.

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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 12 Potential Opportunities for your consideration. Besides 3 Active listings in Princeton, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 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.

    Updated Three-Unit Brick Triplex
    Updated Three-Unit Brick Triplex

    La Salle, IL 61301

    $245,000
    0.11 AC lot

    Brick multifamily property with three apartments, public utilities, off-street parking, and recent improvements to two units.

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    Mixed-Use Retail and Apartment Building
    Mixed-Use Retail and Apartment Building

    134 Marquette Street, La Salle, IL 61301

    $650,000

    Remodeled retail/office space on the main level with nine upper-floor apartments in downtown LaSalle.

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    RV-Ready Sewer Hookup Lot
    RV-Ready Sewer Hookup Lot

    4/19 Woodhaven, Sublette, IL 61367

    Contact for pricing

    Flat, sewered RV-ready lot with a covered deck, shed, and winter water at a gated facility.

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    Move-In Ready Park Model Home
    Move-In Ready Park Model Home

    21-211 Woodhaven Lakes, Sublette, IL 61367

    $68,000

    Furnished park model near beach, pool, and Woodhaven Lake.

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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.

    Fairgrounds Rd
    MOBILE HOME PARK, TRAILER PARK

    Fairgrounds Rd, Princeton, IL 61356

    $1,000,000
    Estimated value
    9.25 AC lot
    View details
    Princeton, IL 61356
    MOBILE HOME PARK, TRAILER PARK

    Princeton, IL 61356

    $1,000,000
    Estimated value
    6.50 AC lot
    View details
    16127 2500 St
    Multifamily properties

    16127 2500 St, Princeton, IL 61356

    Value Estimation by Request
    3,480 sqft 60.00 AC lot
    View details
    1915 Maple Acres Dr
    MOBILE HOME PARK, TRAILER PARK

    1915 Maple Acres Dr, Princeton, IL 61356-9014

    $270,000
    Estimated value
    10.00 AC lot
    View details
    Princeton, IL 61356
    MOBILE HOME PARK, TRAILER PARK

    Princeton, IL 61356

    $275,000
    Estimated value
    2.08 AC lot
    View details

    Princeton, IL Multifamily Properties Market Trends and Statistics

    Explore 8 multifamily properties for sale in Princeton, IL, showcased through 3 active listings on our real estate platform.

    Sale prices for multifamily properties in Princeton, IL start at $178,500, averaging $299,166, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1
    Duplexes 1
    Short term rental properties 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 $344.3K

    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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