1051 Ace Rd, Princeton, IL 61356
This exceptional Princeton, IL property offers a unique blend of commercial and industrial space. The complex comprises two buildings totaling over 9,000 square feet, strategically located along I-80 for optimal accessibility. One building is a three-story professional office building, featuring seven individual office spaces, a convenient lunch room, a break room, and four bathrooms. The second building is a warehouse equipped with two 18-foot overhead doors and overhead crane capabilities, providing ample space for storage and operations. A noteworthy feature is the expansive observation deck, offering panoramic views. The third floor of the office building is currently unfinished, presenting a blank canvas for customization to meet specific business needs. The property sits on a substantial 3.65-acre lot, providing ample room for expansion or future development. This versatile property is ideal for a variety of businesses seeking a combination of office and warehouse space in a highly accessible location. The asking price is $990,000. Don't miss this opportunity to acquire a well-appointed and strategically located commercial property.
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.