$259,000
( $42.24Per Sq Foot )
 $1,390 est/mo Sourced by Back At You

2 Park Avenue,Princeton, IL 61356

Princeton, IL 61356

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Description

This sturdy brick building offers an incredible opportunity for investors, business owners, or anyone seeking a flexible mixed-use property in a highly visible location on the courthouse circle. With 3,066 square feet on each level, the layout provides exceptional versatility for a wide variety of commercial or residential uses. The main floor is currently configured as a doctor's office, featuring multiple exam rooms, a lab, offices, and additional workspace. It would also make a fabulous attorney's office, accounting firm, counseling center, or many other uses. The entire space was completely remodeled in 2002 by Key Builders, creating a professional and efficient layout. The floor plan could also be easily divided into two separate units, each with its own entrance, making it ideal for multiple tenants or businesses. Two handicap-accessible bathrooms add convenience and accessibility. Upstairs, you'll find a large open space previously used by a fraternal organization, offering a blank slate for a variety of possibilities. With the property's current flexible zoning, both levels may be used for commercial or residential purposes. The generous square footage could allow for a renovation into several well-sized apartments, a mix of residential and office space, or continued use as a commercial property with minimal changes. While plumbing on the second floor was shut off years ago, it could be restored if future plans call for residential units or additional facilities. Additional highlights include: * Multiple entrances on both levels * Highly desirable courthouse circle location * New membrane and shingled roofs installed in 2023 * Excellent visibility and accessibility for businesses. Whether you're looking to launch or expand your business, invest in rental income, or develop a mixed-use property, this versatile building offers endless potential in a prime location. Bring your vision and make this standout property your next opportunity-schedule a showing with your agent today!

Details

MLS #12589720
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1886
Days On Site178
Listing Provided ByLandmark Realty of Illinois LLC | Janelle McCarter

Features

SQ Feet6,132
Story(s)2
Units1
ZoningCOMMR

Interior

CoolingCentral Air

Exterior

Construction MaterialsBrick

Utilities

ElectricCircuit Breakers

Taxes

Tax Year2025
Tax Annual Amount5487.96

Area Information

StateIL
CountyBureau
CityPrinceton
Zip Code61356
AreaHollowayville | Princeton
Listing VS Median (in 61356)
Price:
$259,000
low | high
Med:
$249,500
53.667953667954% of Average
sqft:
6,132
low | high
Med:
4,559
75.652315720809% of Average
$ / sqft:
$42
low | high
Med:
$61
4.853279267211% of Average
On site:
178
low | high
Med:
132
100% of Average
Sourced by Back At You

Market Activity 61356

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Learn More About This Property

StateIL
CountyBureau
CityPrinceton
Zip Code61356
AreaHollowayville | Princeton
Listing VS Median (in 61356)
Price:
$259,000
low | high
Med:
$249,500
53.667953667954% of Average
sqft:
6,132
low | high
Med:
4,559
75.652315720809% of Average
$ / sqft:
$42
low | high
Med:
$61
4.853279267211% of Average
On site:
178
low | high
Med:
132
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $194K - $323K
sqft: 4,500 - 7,500
Nearby Listings Property ImageNearby Listings Details
777 S Main Street ALL Property Photo 1
$349,000
777 S Main Street All
Princeton, IL 61356
Listing Updated: September 3, 2026 at 11:08:15 AM PDT
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