Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Office buildings

    22 Park Ave, Princeton, IL 61356

    7,484 SF Built 1974
    Property ID
    US28-4482460
    Property summary
    AI-generated overview

    With nearly 7,000 square feet of heated main floor space as well as a full partially finished basement and attached sally port, the possibilities are great! Previously used as a county jail, the building currently holds 12 cells, numerous office spaces, multiple bathrooms, a gun range, and storage g ... alore. This property consists of 6 different parcels totaling 1.52 acres consisting of the main building, a detached garage, rear grass lots, a large paved parking lot in front and additional paved parking across the side street. An extended closing date will be needed to allow the owner time to build a new radio tower at another location. Some personal property may stay at the time of closing. Located directly across the street from the county courthouse and surrounded by professional offices as well as homes, this property has numerous potential and only awaits your creativity!

    Property profile
    Verified
    Property type Office buildings
    Year built 1974
    Total area 7,484 SF
    UPID US28-4482460
    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
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 22 Park Ave?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message