27268 Us Highway 6, Princeton, IL 61356
This expansive industrial property, located at 27268 US Highway 6 in Princeton, Illinois, presents a unique opportunity for a variety of businesses. The site encompasses a substantial 242+ acres (approximately 10,628,640 square feet) and features a total of 364,356 square feet of building space. The property's history includes use as a mushroom growing facility, with existing structures reflecting this past use. However, the significant size and versatile layout offer considerable potential for redevelopment and repurposing. Key features include a substantial distribution facility equipped with four recessed trailer docks, perfectly suited for efficient loading and unloading operations. Additional buildings on the site provide ample space for maintenance, storage, and potential expansion. The sheer scale of this property makes it ideal for large-scale industrial or agricultural applications, offering significant room for growth and adaptation to a wide range of business needs. The property's location near Princeton provides convenient access to transportation routes and infrastructure, further enhancing its appeal to prospective buyers. This is a rare opportunity to acquire a substantial property with significant potential for future development. The property is offered at $2,462,000.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.