400 N Main Street, Princeton, IL 61356

bedrooms 5
bathrooms 5
|Other
NZD $748,130
USD $420,000
Published on: 11 Jul 2026
Last updated on: 18 Sep 2026
400 N Main Street, Princeton, IL 61356
400 N Main Street, Princeton, IL 61356
400 N Main Street, Princeton, IL 61356
+39
400 N Main Street, Princeton, IL 61356
  • 39
Property ID: 110119324144
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Residential Income, Princeton, IL

400 N Main Street, Princeton, IL 61356
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 Details

Basic Info

Property Type
Other
Listing Status
Active
Year Built
1947
Rooms
5 bedroom(s), 5 bathroom(s)
County
Bureau
Parcel ID
1609364010
Provider
Midwest Real Estate Data, LLC
Brokerage Office Name
Landmark Realty of Illinos LLC
Brokerage Office Phone
(815) 252-7283
Neighbourhoods
Hollowayville / Princeton
Address
400 N Main Street, Princeton, IL 61356

Tax History

YearTax amount
2025USD $2898NZD $5,162*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.

Contact Agent
Janelle McCarter
Landmark Realty of Illinois LLC
1221 N. Main St. , Princeton, IL 61356
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1221 N. Main St. , Princeton, IL 61356
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      Property ID: 110119324144

      Original Property ID: 3yd-MREDIL-12646206
      Data provided by Midwest Real Estate Data, LLC, MLS #: 12646206
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      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.