22 Park Ave, Princeton, IL 61356
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!
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.
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Risks
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