Posted 5 days ago Active

$259,000

Est. Mortgage  $1,791/mo

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2 Park Avenue Princeton, IL 61356

Local Information

Commercial Sale

Built in 1886

Lot size not available

$-- HOA

$--/sqft

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!

Home Highlights

  • Cooling: Central Air
  • Exterior: Brick

No interior room details available.

  • Construction Material: Brick
  • Lot Size: 85 X 85

Property Type
  • Commercial Sale
Year Built
  • 1886
Lot Size
  • 85 X 85
Tax Year
  • 2024
Tax Amount
  • $5,144.14
HOA Fee
  • $0.00
Listing Status
  • Active
Listing Contract Date
  • March 10, 2026
Cooling Features
  • Central Air

Association Fee
  • $0.00
County
  • Bureau
Community Type
  • Commercial Sale
Lot Size
  • 85 X 85

Original Listing Price
  • $259,000.00
Current Listing Price
  • $259,000.00
Listing Status
  • Active
Listing Contract Date
  • March 10, 2026
Tax Year
  • 2024
Tax Amount
  • $5,144.14
Property PIN
  • 1616353003
MLS ID
  • 12589720
Listing Office MLS ID
  • 265040

Price History for 2 Park Avenue Princeton, IL 61356

Date Price Event Source
No price history available for this property.

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