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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    105 Ace Rd, Princeton, IL 61356-9294

    1.29 ac lot
    Entity Owned ~ Est. High Equity
    Property ID
    US28-4062652
    Property summary
    AI-generated overview

    This exceptional 3,500-square-foot retail or restaurant space is ideally situated at 105 Ace Rd, Princeton, IL 61356, in Bureau County. Built in 2000, this single-tenant building sits on a substantial 56,600-acre lot and boasts a convenient one-story layout. The property is zoned for commercial use and offers ample parking, making it highly accessible for customers. The interior features two restrooms and a large atrium area, providing versatile space for various business needs. Previously a fast-food restaurant, this location benefits from high visibility and traffic counts due to its proximity to major roadways, including I-80. Nearby establishments include Casey's General Store, Walmart, Culver's, and a large grocery store, ensuring a strong customer base. The lease rate is $15.00 per square foot, plus taxes, insurance, and maintenance. The entire 3,500 square feet is currently vacant and ready for immediate occupancy. This presents a unique opportunity for businesses seeking a prominent location with excellent visibility and convenient access.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 1.29 ac (56,192 SF)
    APN 16-04-300-056
    UPID US28-4062652
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    R&m Restaurant Group LLC
    R&m Restaurant Group LLC
    since 2025
    Last sale
    $390,000
    3 recorded transactions
    2025
    $390,000
    2023
    2006
    $1.2M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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