27268 Us Highway 6 Princeton, IL 61356
This expansive industrial property, located at 27268 US Highway 6 in Princeton, Illinois, presents a significant investment opportunity. The 364,356-square-foot facility sits on a substantial 242-acre lot (approximately 10,541,520 square feet), offering ample space for a variety of industrial or agricultural uses. Built in 1976, the single-story structure is currently vacant and zoned A, providing flexibility for future development. The property's history includes use as a mushroom growing facility, and its features include a distribution facility equipped with four recessed trailer docks, a dedicated mushroom growing building, and additional maintenance and storage buildings. The asking price is $2,962,000, translating to $8.10 per square foot. The property's parcel number (APN) is 1722100009. Its strategic location in Bureau County, Illinois, and proximity to Princeton (zip code 61356) offers excellent access to transportation networks. This substantial property is ideal for businesses seeking a large-scale operation with significant expansion potential. The property's size and versatile layout make it suitable for a wide range of industrial and agricultural applications. Serious inquiries are encouraged to explore the possibilities of this unique offering.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.