About This Home

This 0-bedroom, 0-bathroom commercial at 2 Park Avenue W in Princeton, IL is listed for $259,000. Built in 1886, on a 0.17 acres lot.

Key Features

  • Built in 1886
  • 0.17 acre lot
  • 2 stories

Property Details

2 stories
1886

Amenities

A/C
Listing 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!

Monthly Cost Estimate

$1,385/mo

20% down · 6.5% · 30 years

Principal$187
Interest$1,122
Insurance$76

Estimates only. Actual payments may vary.

Location

2 Park Avenue W

Princeton, IL 61356

Property Details

Construction

Brick

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 2 Park Avenue W is listed at $259,000. The estimated monthly payment is $1,386 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1886, 0.17 acre lot, 2 stories.

This property is listed by Janelle McCarter.

JM

Janelle McCarter

Agent at Landmark Realty of Illinos LLC

Listed by Landmark Realty of Illinos LLC · Broker phone: (815) 252-7283 · Broker website

MLS# 12589720· Source: Midwest Real Estate Data, LLC· 231 days on PropertySimple

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.

2 Park Avenue W, Princeton, IL 61356

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