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Princeton, IL

Residential Income

Princeton, IL Residential Income Properties for Sale

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Tiskilwa, IL Putnam, IL Sheffield, IL Spring Valley, IL Ladd, IL Walnut, IL Ohio, IL Mark, IL

12-Unit Mixed-Use Building

Updated: Mar 30

12-Unit Mixed-Use Building

400 N Main Street, Princeton, IL 61356

$420,000

0.36 AC lot

12‑unit mixed‑use property with 3 residential units (two 2‑bedroom apartments and 1 studio) plus 9 commercial spaces
Recent renovations reported, with units described as in strong condition for revenue from day one
Partially finished lower level offering potential value‑add through additional residential or commercial units (subject to zoning/approvals)
Window unit cooling and vinyl siding construction
Natural gas available

Two-Story Mixed-Use Commercial Building

Updated: Sep 30, 2025

Two-Story Mixed-Use Commercial Building

902 N Main Street, Princeton, IL 61356

$299,000

0.11 AC lot

Two‑story commercial building built in 1896 with brick and stucco construction
Nearly 9,400 SF with design for multiple uses under one roof, including boutiques, galleries, co‑working, studios, and cafes
Second floor includes two rental units; one unit is operating as an Airbnb
New roof installed in 2020 and whole‑building rooftop HVAC unit added in 2022
Central air, plus improved electrical systems on the first floor and in the upstairs apartment foyer

Twelve-Unit Mixed-Use Apartment Building

Twelve-Unit Mixed-Use Apartment Building

400 N Main Street, Princeton, IL 61356

$420,000

12-unit property with three residential units and nine commercial spaces, plus a partially finished lower level and parking lot.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Renovated 12-Unit Mixed-Use Building

Renovated 12-Unit Mixed-Use Building

400 N Main Street, Princeton, IL 61356

$420,000

Renovated mixed-use property with three residential units and nine commercial spaces, plus a partially finished lower level.

Charming Duplex with Modern Updates

Charming Duplex with Modern Updates

311 W Franklin Street, Princeton, IL 61356

$178,500

Updated 2-bedroom, 2-bath duplex with stainless steel appliances.

Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 5 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.

Updated Three-Unit Brick Triplex

Updated Three-Unit Brick Triplex

La Salle, IL 61301

$245,000

0.11 AC lot

Brick multifamily property with three apartments, public utilities, off-street parking, and recent improvements to two units.

Residential Income Property

Residential Income Property

La Salle, IL 61301

$245,000

Finished interior space offers exterior entry and walk-up access.

RV-Ready Sewer Hookup Lot

RV-Ready Sewer Hookup Lot

4/19 Woodhaven, Sublette, IL 61367

Contact for pricing

Flat, sewered RV-ready lot with a covered deck, shed, and winter water at a gated facility.

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.

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.

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.

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.

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.

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

Princeton, IL 61356

MOBILE HOME PARK, TRAILER PARK

Princeton, IL 61356

$1,000,000

Estimated value

6.50 AC lot

16127 2500 St

Multifamily properties

16127 2500 St, Princeton, IL 61356

Value Estimation by Request

3,480 sqft 60.00 AC lot

1915 Maple Acres Dr

MOBILE HOME PARK, TRAILER PARK

1915 Maple Acres Dr, Princeton, IL 61356-9014

$270,000

Estimated value

10.00 AC lot

Princeton, IL 61356

MOBILE HOME PARK, TRAILER PARK

Princeton, IL 61356

$275,000

Estimated value

2.08 AC lot

Princeton, IL Residential Income Properties Market Trends and Statistics

Explore 10 residential income properties for sale in Princeton, IL, showcased through 5 active listings on our real estate platform.

Sale prices for residential income properties in Princeton, IL start at $178,500, averaging $347,500, and reaching up to $420,000 — 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

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	$369.5K

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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