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400 N Main St
Princeton, IL 61356

$440,000 USD

Office For Sale • 7,968 SF

Property Details

Property Type Office
Total Building Size 7,968 SF
Lot Size 0.36 AC
Building Class C
Year Built 1947
Cap Rate 9.27 %
Tenancy Multiple
Zoning B-3 Commercial

40 Walk Score

                
                    Highlights
                
                                Large concrete parking lot accommodating approximately 14 vehicles plus two accessible spaces.
                            
                                Positioned along Main Street with convenient access to US Route 6 and Interstate 80.
                            
                                Flexible layout suitable for investors seeking value-add repositioning opportunities.
                            
                                Potential for additional rental income through lease-up of vacant commercial suites and future lower-level buildout.

Property Flyers

offering memorandum

Cap Rate:

9.27 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Absolute Solutions
Ascano Medical Clinic
Home Bound Healthcare Inc
Huffstodt Insurance
Piper Insurance Services

Public Transportation

Commuter Rail	Drive	Walk	Distance
	1 min	9 min	0.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	14
Type:	Surface
Included in Rent:	Yes

Janelle McCarter 815-875-1221 Landmark Realty

400 N Main St Princeton, IL 61356