400 N Main ST, Princeton, IL 61356
400 N Main ST, Princeton, IL 61356
400 N Main ST, Princeton, IL 61356
400 N Main ST, Princeton, IL 61356
400 N Main ST, Princeton, IL 61356
400 N Main ST, Princeton, IL 61356
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Legacy Properties

Legacy Properties

+1(224) 999-9100
$ 420,000
Est. payment | /mo

7,786 SqFt

Save
$ 420,000
Est. payment | /mo
Save

7,786 SqFt

Key Details

Property Type Commercial

Sub Type Office/Tech

Listing Status Active

Purchase Type For Sale

Square Footage 7,786 sqft

Price per Sqft $53

MLS Listing ID 12470751

Year Built 1947

Annual Tax Amount $2,898

Tax Year 2025

Lot Size 0.360 Acres

Lot Dimensions 120 X 130

Property Sub-Type Office/Tech

Property Description

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.

Location

State IL

County Bureau

Area Hollowayville / Princeton

Zoning COMMR

Interior

Cooling Window Unit(s)

Fireplace N

Exterior

Utilities Available Electric to Site, Natural Gas Available, Sewer Connected

Building

Dwelling Type Office/Tech

Water Municipal Water

Structure Type Vinyl Siding

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Janelle McCarter of  Landmark Realty of Illinois LLC 

Nearby Locations

Legacy Properties

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(224) 999-9100

managingbroker@legacypropertiesil.com

2325 Dean St, Suite 900, St Charles, Illinois 60175, USA

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400 N Main ST