Residential Income

Princeton, IL Residential Income Properties for Sale

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Putnam, IL Walnut, IL Spring Valley, IL
Versatile Mixed-Use Building For Sale
Updated: Mar 10
Versatile Mixed-Use Building For Sale

2 Park Avenue W, Princeton, IL 61356

$259,000
3,066 sqft
Prime location on the highly desirable courthouse circle with excellent visibility and accessibility.
Flexible zoning allows for commercial or residential use on both levels.
Substantial square footage (3,066 sq ft per level) provides exceptional versatility for various uses.
Main floor is already configured as a professional office space with multiple exam rooms, offices, and handicap‑accessible bathrooms.
New membrane and shingled roofs installed in 2023.
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Spacious Mixed-Use Investment Opportunity
Updated: Feb 13, 2025
Spacious Mixed-Use Investment Opportunity

777 S Main Street ALL, Princeton, IL 61356

$349,000
Four spacious units offer investment potential.
Upper‑level units are rehabbed as 3 bedroom/2 bath condos.
Lower‑level units suitable for office/tech use.
Opportunity to update lower‑level units to meet specific needs.
Upper level units rehabbed in 2019.
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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 2 Active listings in Princeton, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Building with Apartment Potential
Mixed-Use Building with Apartment Potential

La Salle, IL 61301

$349,900
0.20 AC lot

Mixed-use building with six apartments and retail space potential.

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Gated RV Park Trailer with Deck
Gated RV Park Trailer with Deck

17/163 Woodhaven, Sublette, IL 61367

$35,900

Well-maintained 2006 Cherokee trailer with a room addition and covered deck in a gated, amenity-rich lakeside setting.

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LaSalle Bar with Residential Income
LaSalle Bar with Residential Income

945 1st St, La Salle, IL 61301

$174,999
2,800 sqft

Bar with rental apartment and outdoor development potential.

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Move-In Ready Park Model Home
Move-In Ready Park Model Home

21-211 Woodhaven Lakes, Sublette, IL 61367

$68,000

Furnished park model near beach, pool, and Woodhaven Lake.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Wooded Lot Near Lake Thunderbird
Wooded Lot Near Lake Thunderbird

12 Cedar Lane S lot: 71, Putnam, IL 61560

Contact for pricing
0.48 AC lot

Wooded building lot near Lake Thunderbird with recreational opportunities.

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Wooded Lot Near Lake Thunderbird
Wooded Lot Near Lake Thunderbird

28 Barbados Drive lot: 472, Putnam, IL 61560

Contact for pricing
0.37 AC lot

Wooded building lot near Lake Thunderbird with recreational opportunities.

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Wooded Lot Near Lake Thunderbird
Wooded Lot Near Lake Thunderbird

30 Barbados Drive lot: 471, Putnam, IL 61560

Contact for pricing
0.34 AC lot

Vacant land near Lake Thunderbird with recreational opportunities.

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Vacant Lot in Established Community
Vacant Lot in Established Community

616 12th Street, Peru, IL 61354

Contact for pricing

Vacant land in Peru, Illinois, ready for new construction.

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Off-Market Properties in Princeton, IL

Consider similar Off-Market properties in Princeton, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Fairgrounds Rd
MOBILE HOME PARK, TRAILER PARK

Fairgrounds Rd, Princeton, IL 61356

$1,000,000
Estimated value
9.25 AC lot
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Princeton, IL 61356
MOBILE HOME PARK, TRAILER PARK

Princeton, IL 61356

$1,000,000
Estimated value
6.50 AC lot
View details
16127 2500 St
Multifamily properties

16127 2500 St, Princeton, IL 61356

Value Estimation by Request
3,480 sqft · 60.00 AC lot
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1915 Maple Acres Dr
MOBILE HOME PARK, TRAILER PARK

1915 Maple Acres Dr, Princeton, IL 61356-9014

Value Estimation by Request
10.00 AC lot
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Princeton, IL 61356
MOBILE HOME PARK, TRAILER PARK

Princeton, IL 61356

Value Estimation by Request
2.08 AC lot
View details

Princeton, IL Residential Income Properties Market Trends and Statistics

Explore 7 residential income properties for sale in Princeton, IL on our real estate platform. These investment opportunities span a total of 3,066 square feet of properties for sale, with an estimated market value of $259,000.

Sale prices for residential income properties in Princeton, IL start at $259,000, averaging $259,000, and reaching up to $259,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 2
Apartment buildings 1
Duplexes 1

Demographics Overview

Population 11K
Population Growth (5Y) +0.6%
Median Household Income $63,952
College Educated 37.0%

High-Yield Neighborhoods for Investment

Identify Princeton submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
61356 $265.7K

Taxes & Financing

Tax Rate (average for all types) 7.61%
Tax Rate vs County Average 0.95 pp below county avg
Average Loan-to-Value 65.0%

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