Short Term Rental

Princeton, IL Short Term Rental Properties for Sale

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Wyanet, IL Tiskilwa, IL Putnam, IL Sheffield, IL Walnut, IL Spring Valley, IL Ladd, IL Granville, IL
Two-Story Mixed-Use Building
Updated: Sep 30, 2025
Two-Story Mixed-Use Building

902 N Main Street, Princeton, IL 61356

$299,000
0.11 AC lot
Nearly 9,400 square feet in a two‑story building
Two second‑floor rental units; one operates as a short‑term rental
Roof installed in 2020; rooftop HVAC added in 2022
COMMR zoning in Princeton’s Art District
Partitions on both floors and a cleared basement
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Two-Story Mixed-Use Building
Updated: Aug 20
Two-Story Mixed-Use Building

902 N Main St, Princeton, IL 61356

$299,000
9,200 sqft
Nearly 9,400 square feet in a two‑story mixed‑use commercial building
Two second‑floor rental units; one currently operates as an Airbnb
New roof installed in 2020
Whole‑building rooftop HVAC unit added in 2022
Electrical improvements completed on the first floor and upstairs apartment foyer
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Princeton, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Mixed-Use Property with Airbnb
Mixed-Use Property with Airbnb

126 S Main Street, Stockton, IL 61085

$119,000
2,228 sqft 0.08 AC lot

Two-level commercial property combines furnished short-term lodging with flexible office or retail space.

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Mixed-Use Building with Rooftop Bar
Mixed-Use Building with Rooftop Bar

140 Washington Sq, Washington, IL 61571

$4,900,000
10,510 sqft

Renovated hospitality and residential spaces combine restaurant, brew pub, rooftop, and short-term rental uses.

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Front and Rear Access Office Rental
Front and Rear Access Office Rental

126 S Main St, Stockton, IL 61085

Contact for pricing
2,228 sqft

Main-level office layout with four rooms and half bath, plus furnished upstairs two-bedroom Airbnb with kitchen and porch.

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Mixed-Use Building with Rooftop Bar
Mixed-Use Building with Rooftop Bar

140 Washington Square, Washington, IL 61571

$4,900,000
0.11 AC lot

Brick downtown property combines restaurant, brew pub, rooftop bar, and four short-term rental units.

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Princeton, IL Short Term Rental Properties Market Trends and Statistics

Explore 2 short term rental properties for sale in Princeton, IL on our real estate platform. These investment opportunities span a total of 9,200 square feet of properties for sale, with an estimated market value of $598,000.

Sale prices for short term rental properties in Princeton, IL average $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

Duplexes 2
Short term rental properties 2

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 $299K

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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