Property profile

200 Ace Rd Princeton, IL 61356

OFF-MARKET
Mixed-use properties
1,672 SF Built 2005
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Property summary

AI-generated overview

This exceptional 1,672 square foot mixed-use property, located at 200 Ace Road Unit 3 in Princeton, Illinois, presents a compelling opportunity for both business owners and investors. Situated as the anchor unit in a well-maintained, newer five-unit professional building, this single-story suite boasts a highly desirable and convenient floor plan. A significant advantage is the rear drive-through access, expanding the potential uses for this versatile space. The property's location is unparalleled, offering exceptional visibility and proximity to major shopping areas, ensuring high foot traffic and convenient access for customers. This prime location also benefits from some of the highest traffic counts in Princeton. The low monthly association dues of $125 encompass all exterior maintenance, including lawn care and snow removal, minimizing ongoing expenses for the owner. This turnkey property is ready for immediate occupancy and offers an exceptional return on investment. Whether you envision establishing your own business or seeking a strong addition to your investment portfolio, this property is an ideal choice. The combination of its prime location, versatile layout, and low maintenance costs makes this a truly unique opportunity in the thriving Princeton market.

Property profile

Verified
Property type Mixed-use properties
Year built 2005
Total area 1,672 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Mobile Phone Store Electronics & Wireless Store
  • Financial Advisor
  • Physician
  • Credit Union

Location

200 Ace Rd Princeton, IL 61356
Princeton metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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