IL
Bureau
Princeton
61356
400 N Main Street
400 N Main Street, Princeton, IL 61356
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Listing Type
Commercial/Industrial
Listing Status
Active
41
$440,000

Home Details for 400 N Main Street

Price
$440,000
Type
Commercial Sale
Year built
1947
Lot size acres
0.36
County
Bureau
Days on site
5
MLS Listing#
12470751
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.

Property Features
  • Utilities
    • Natural Gas Available
    • Sewer Connected
  • Cooling Information
    • Window Unit(s)
Listing Courtesy: Landmark Realty of Illinois LLC - 815-875-1221
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-04-05 23:50:49. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-04-05 23:50:49
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