Property profile

1051 Ace Rd Princeton, IL 61356

OFF-MARKET
Warehouses
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses

Cap rate & NOI

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

Location

1051 Ace Rd Princeton, IL 61356
Princeton metro
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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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