Restaurants

Princeton, IL Restaurants for Sale

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Tiskilwa, IL Putnam, IL Sheffield, IL Ladd, IL Spring Valley, IL Walnut, IL Ohio, IL Granville, IL
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
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Princeton, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

Turnkey Bar and Restaurant Opportunity
Turnkey Bar and Restaurant Opportunity

253 9th St, La Salle, IL 61301

$199,000
4,451 sqft

Established bar and restaurant with equipment, inventory, and loyal clientele.

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Versatile Commercial Building in LaSalle
Versatile Commercial Building in LaSalle

La Salle, IL 61301

$1,400,000
1.23 AC lot

Expansive commercial building with flexible zoning and high visibility.

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Former Restaurant with Drive-Thru
Former Restaurant with Drive-Thru

1 Marquette Avenue, Oglesby, IL 61348

$370,000
3,150 sqft 0.98 AC lot

Former restaurant with drive-thru, large parking, great corner location.

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Former Restaurant with Drive-Thru
Former Restaurant with Drive-Thru

1 Marquette Avenue, Oglesby, IL 61348

$370,000
3,150 sqft

Former restaurant with drive-thru, large parking, multiple uses possible.

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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.

Retail Lot on Corner
Retail Lot on Corner

145 3rd St, La Salle, IL 61301

$250,000
0.59 AC lot

0.59 acre retail lot on a signalized intersection.

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Land in North Utica, IL
Land in North Utica, IL

793 US Rt 6, North Utica, IL 61373

$725,000
1.09 AC lot

Commercial land available in North Utica, Illinois.

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Utica, IL Commercial Land
Utica, IL Commercial Land

2965 N IL-178, Utica, IL 61373

$595,000
0.80 AC lot

Commercial land available in Utica, Illinois.

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Utica, IL Commercial Land
Utica, IL Commercial Land

2959 N Illinois 178 E 8th Road, Utica, IL 61373

$975,000
1.49 AC lot

Commercial land available in Utica, Illinois.

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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.

15 Century Dr
Restaurants

15 Century Dr, Princeton, IL 61356

Value Estimation by Request
600 sqft 0.65 AC lot
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Princeton, IL Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Princeton, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $299,000.

Sale prices for restaurant properties in Princeton, IL start at $299,000, averaging $299,000, and reaching up to $299,000 — 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

Coffee shops 1

Demographics Overview

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

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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