400 N Main Street — Princeton, IL 61356
Active
Princeton, IL 61356

400 N Main Street

$440,000
0 beds · 0 baths
Listed at $440,000 45 days on market $3,232/yr taxes
01About this home

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.

02Inside the home
03By the numbers
$440,000
List price
Square feet
Bedrooms
Bathrooms
1947
Year built
0.36 ac
Lot size
Garage spaces
$3,232
Annual taxes
Office/Tech
Style
45
Days on market
04Features
Cooling
Window Unit(s)
Construction
Vinyl Siding
05Neighborhood
  • Pizza Hut 500 ft
  • Dairy Queen 750 ft
  • Subway 0.4 mi
  • Monical's Pizza 0.4 mi
  • Jimmy John's 0.5 mi
  • Spoons and Forks 0.7 mi
  • Austin Parker Naturals 0.6 mi
  • Sullivan's 1.1 mi
  • Walmart Supercenter 1.2 mi
  • Shell 1.3 mi
  • City Hall Park 0.3 mi
  • Darius Miller Park 0.4 mi
  • Darius Miller Park 0.4 mi
  • West Side Ball Park 0.6 mi
  • Soldiers and Sailors Park 0.8 mi
  • Alexander Park 0.9 mi
  • The Coffee Cup 0.5 mi
  • Kramer's Kitchen 0.5 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

May 19, 2026
Listed for sale
Landmark Realty of Illinois LLC · 8 days on market
$440,000
May 13, 2026
Listed for sale
Landmark Realty of Illinois LLC
$440,000
Mar 31, 2026
Listed for saleThis listing
Landmark Realty of Illinois LLC
$440,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

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08See it for yourself

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09Similar homes
Listed by Landmark Realty of Illinois LLC · Janelle McCarter · 815-252-7283
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12470751
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