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420 S Main Street

Princeton, IL 61356
  • $195,000
  • STATUS: Closed
  • ON SITE: 445 Days
  • MLS #: 11751239
Sold - 05/16/2024
$195,000
SOLD - 05/16/2024
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1881
County:
Area:

School Ratings & Info

Description

Investors take note! Prime location in the heart of the south end shopping district! Building currently houses two businesses and two upstairs apartments. Built in 1881, with an addition in 1974, this property totals over 6000 square feet. The listing includes 420 & 418 S. Main. Retail space at 420 is almost 2500 square feet and 418 totals approximately 1500 square feet. There are two upstairs apartments with over 1100 square feet each. Apartments are 2 BR, 1 bath with front and rear access and rooftop patios. Laundromat conveniently located just behind building across the alley. Building has been owned by the seller for almost 40 years and has been well maintained. Sprayed membrane roof was new 2021 and has a 15 year warranty. Main Street and rear city lots provide ample parking. Don't miss this opportunity to acquire a great investment!

Sold by Success Realty Property Management, LLC.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2024-06-22T21:01:55.657 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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420 S Main Street Princeton, IL 61356

  • Price: $229,000
  • Status: Closed
  • On Site: 445 Days
  • Updated: 49 min ago
  • MLS #: 11751239
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1881
Built
Neighborhood:
Bureau
County:
Bureau
Area:
Bureau
Property Description
Investors take note! Prime location in the heart of the south end shopping district! Building currently houses two businesses and two upstairs apartments. Built in 1881, with an addition in 1974, this property totals over 6000 square feet. The listing includes 420 & 418 S. Main. Retail space at 420 is almost 2500 square feet and 418 totals approximately 1500 square feet. There are two upstairs apartments with over 1100 square feet each. Apartments are 2 BR, 1 bath with front and rear access and rooftop patios. Laundromat conveniently located just behind building across the alley. Building has been owned by the seller for almost 40 years and has been well maintained. Sprayed membrane roof was new 2021 and has a 15 year warranty. Main Street and rear city lots provide ample parking. Don't miss this opportunity to acquire a great investment!
Exterior Features

Exterior Building Type BrickBlock Foundation Details Brick/Mortar Roof Membrane

Interior Features

Cooling Central Air Heat Ventilation Forced AirGas Miscellaneous Inside Basement Number Of TLDocks 0

Property Features

Additional Parcels YN No Building Area Total 6384 Electric Circuit Breakers Financing Conventional Fire Protection Fire Extinguisher/sSmoke or Fire Protectors Gross Income 33600 Gross Scheduled Income 33600 Leasable Area 6384 Mls Actual Status Closed Net Operating Income 20000 Number Of Tenants 4 Property Offered For Sale Only Property Sub Type Neighborhood Storefront Short Sale Not Applicable Tax Annual Amount 5938.16 Tax Year 2021 Tenant Pays Varies by Tenant Total Monthly Income 2800 Type Retail/Stores Zoning COMMR

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Landmark Realty Of Illinois LLC: 815-875-1221.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2024-06-22T21:01:55.657 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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