Your home for Real Estate in the Illinois Valley area
Janelle McCarter
815-315-1249815-315-1249

956 N Main Street, Princeton, IL 61356 (MLS # 10803094)

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PRICE $329,000
SIZE n/a
LOT SIZE n/a

Amazing investment opportunity to own prime space in a prime location in Princeton's up-and-coming north end Business District. It has been said that the first building greeting visitors to Princeton has always been the Knox Hotel. In January of 2018, Princeton's south and north Main Street commercial districts were added to the National Historic Register of Historic Places. This Knox Hotel building enjoys that distinction and was honored as the recipient of Princeton's first Historic Preservation Commission Award which is displayed on the front of the building. This building can be one business or the space can accommodate up to 3 individual businesses under one roof. First floor has been totally renovated, and the second and third upstairs floors have had walls removed and are now huge open spaces that you can design into whatever you want them to be--condos? apartments? hotel rooms? an Event Center? Or perhaps a combination of those possibilities? So if you have a dream, this might be the space for you. The lower level is currently leased until the end of January 2021 and brings in $1900/month. This can give you time and money to renovate the upper two floors! The City Parking Lot right across the street provides ample parking. Call today for a private showing to see if this is the space for you!

DAYS ON MARKET 48 LAST UPDATED 8/7/2020
YEAR BUILT 1856 COMMUNITY Hollowayville / Princeton
COUNTY Bureau STATUS Active
PROPERTY TYPE(S) Retail/Stores


ADDITIONAL DETAILS
AIR CONDITIONING Central Air
AMOUNT FOR INDIVIDUAL SPACES (RENTAL ONLY) (Y/N) Yes
ARE ANY PROPERTY PHOTOS VIRTUALLY STAGED? No
ELECTRICAL SERVICE Circuit Breakers
EXTERIOR BUILDING TYPE Brick
EXTRA STORAGE SPACES AVAILABLE (Y/N) Yes
FIRE PROTECTION Alarm On Site, Fire Extinguisher/s
FLOOR FINISH Wood
FRONTAGE/ACCESS City Street, Public Road
HEAT/VENTILATION Forced Air, Gas
INFORMATION After Hours Only, List Broker Must Accompany, No Sign on Property, Show-Call Listing Office
LEASABLE AREA UNITS Square Feet
LISTING TYPE Exclusive Right To Sell
LOCATION Central Business District, Corner, Park Adjacent
LOT DIMENSIONS 49X130
MANAGING BROKER (Y/N) No
MISC INSIDE Basement, Public Restroom/s, Storage Inside
OUTDOOR PARKING 13-18 Spaces
PARCEL IDENTIFICATION NUMBER 1609307005
PROPERTY OFFERED For Sale Only
PROPERTY TYPE Retail/Stores
STATUS Active
TAXES 1541.18
TAXES YEAR 2019, 2019
TENANT PAYS Electric, Heat, Water/Sewer
TOTAL ANNUAL EXPENSE SOURCE Broker Projection
UTILITIES TO SITE Electric to Site, Gas to Site, Sanitary Sewer to Site, Water to Site, Water-Municipal




 
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Listed with Landmark Realty Of Illinois LLC
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About Janelle McCarter

Picture of Janelle McCarter

Janelle McCarter

Broker/Co-Owner of Landmark Realty

jalilley24@yahoo.com

815-315-1249815-315-1249 main

815-252-7283815-252-7283 mobile

Landmark Realty of Illinois LLC

1221 N Main St Princeton, IL 61356