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400 N Main Street
Princeton IL 61356 US

$420,000

Active Listing ID 12470751
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Lot: 0.36 Acres
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Office

$420,000

Active Listing ID 12470751
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400 N Main Street This well-maintained 12-unit mixed-use property presents a compelling opportunity for investors seeking immediate cash flow with additional upside potential. The asset is comprised of three residential units (two spacious two-bedroom apartments and one efficiently designed studio), alongside nine commercial spaces fronts that provide diversified income streams. Over the past several years, the building has undergone significant renovations, resulting in a turnkey investment requiring no immediate capital improvements. All units are in strong condition, allowing a new owner to step in and begin generating revenue from day one. In addition to its current income, the property features a partially finished lower level, offering clear value-add potential. Investors may explore opportunities to further develop this space into additional residential or commercial units, subject to local zoning and approvals, thereby increasing overall returns. With a balanced unit mix, recent upgrades, and future expansion potential, this property is ideally positioned for both stable cash flow and long-term appreciation.

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Property Features

  • Facts
  • Lot Size: 0.36 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Office
  • Features
  • Cooling System: Window Unit(s)

Property

  • propertytype: Commercial Sale
  • propertysubtype: Office
  • listprice: 420000
  • unparsedaddress: 400 N Main Street
  • postalcity: Princeton
  • stateorprovince: IL
  • country: US
  • postalcode: 61356
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.36
  • lotsizeunits: Acres
  • lotsizearea: 0.36
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Janelle McCarter
  • listagentemail: jalilley24@yahoo.com
  • listagentkey: 3yd-MREDIL-265040
  • listagentmlsid: 265040
  • listagentpreferredphone: (815) 252-7283
  • listagentofficephone: 8158751221
  • listofficekey: 3yd-MREDIL-28674
  • listofficemlsid: 28674
  • disclaimer: Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1947
  • listingcontractdate: 2026-03-30
  • listagenturl: https://www.landmarkil.com
  • countyorparish: Bureau
  • parcelnumber: 1609364010
  • cooling: Window Unit(s)
  • constructionmaterials: Vinyl Siding
  • numberofunitstotal: 12
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • utilities: Natural Gas Available
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Landmark Realty of Illinos LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jalilley24@yahoo.com", "ListBrokerageCity":"Princeton", "ListBrokerageCountry":"US", "ListBrokerageEmail":"JALILLEY24@YAHOO.COM", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Landmark Realty of Illinos LLC", "ListBrokeragePhone":"(815) 252-7283", "ListBrokeragePostalCode":"61356", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1221 N Main St", "ListBrokerageWebsiteUrl":"https://www.landmarkil.com", "ListOfficeAddress1":"1221 N. Main St. ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"28674", "ListOfficeCity":"Princeton", "ListOfficeCountry":"US", "ListOfficeEmail":"JALILLEY24@YAHOO.COM", "ListOfficePostalCode":"61356", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Princeton, IL", "ListingURL":null, "MLSModificationTimestamp":"2026-07-12 05:06:03", "Neighborhoods":[{"Description":null, "Name":"Hollowayville / Princeton"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3232, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/12/2026 5:06:51 AM GMT
Source Updated Date: 7/16/2026 12:44:24 PM GMT

Courtesy of: Janelle McCarter, Landmark Realty of Illinois LLC, jalilley24@yahoo.com

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.