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$259,000 Just Listed
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Property Description
This sturdy brick building offers an incredible opportunity for investors, business owners, or anyone seeking a flexible mixed-use property in a highly visible location on the courthouse circle. With 3,066 square feet on each level, the layout provides exceptional versatility for a wide variety of commercial or residential uses. The main floor is currently configured as a doctor's office, featuring multiple exam rooms, a lab, offices, and additional workspace. It would also make a fabulous attorney's office, accounting firm, counseling center, or many other uses. The entire space was completely remodeled in 2002 by Key Builders, creating a professional and efficient layout. The floor plan could also be easily divided into two separate units, each with its own entrance, making it ideal for multiple tenants or businesses. Two handicap-accessible bathrooms add convenience and accessibility. Upstairs, you'll find a large open space previously used by a fraternal organization, offering a blank slate for a variety of possibilities. With the property's current flexible zoning, both levels may be used for commercial or residential purposes. The generous square footage could allow for a renovation into several well-sized apartments, a mix of residential and office space, or continued use as a commercial property with minimal changes. While plumbing on the second floor was shut off years ago, it could be restored if future plans call for residential units or additional facilities. Additional highlights include: * Multiple entrances on both levels * Highly desirable courthouse circle location * New membrane and shingled roofs installed in 2023 * Excellent visibility and accessibility for businesses. Whether you're looking to launch or expand your business, invest in rental income, or develop a mixed-use property, this versatile building offers endless potential in a prime location. Bring your vision and make this standout property your next opportunity-schedule a showing with your agent today!
Full Property Details
Full Property Details for 2 Park Ave W
General
- Price: $259,000
- Taxes: $5,144 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12589720
- Updated: 3/11/2026
- Added to Site: 2 day(s) ago
Additional Information
- Security/Safety: Carbon Monoxide Detector(s)
Location
- Area: Hollowayville / Princeton
- County: Bureau
- Township: Princeton
- Driving Directions: South on Main St. Left on Park Ave (one way) go around backside of the Court House. Building is on the right hand side, corner of Main and Park Ave.
- Location Details: Central Illinois
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 2
- Square Feet: 6,132
- Year Built: 1886
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 7,225
- Lot Dimensions: 85 x 85
- Zoning: COMMR
Financial Considerations
- Security Deposit: Carbon Monoxide Detector(s)
- Assessment Year: 1886
- Tax Amount: $5,144.14
- Tax Year: 2024
Disclosures and Reports
- Property ID: 1616353003
Listed by Landmark Realty of Illinois LLC
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Schools
Schools serving 2 Park Ave W
School Districts:Princeton High School District 500, Princeton Elementary School District 115
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, Princeton, IL 501 South Euclid Avenue, Princeton, IL 61356 | 3-4 | 0.4 mi |
Logan Jr High School 302 West Central Avenue, Princeton, IL 61356 | 5-8 | 0.6 mi |
Jefferson Elementary School, Princeton, IL 725 West Putnam Street, Princeton, IL 61356 | 1-2 | 0.8 mi |
Princeton High School 103 South Euclid Avenue, Princeton, IL 61356 | 9-12 | 0.7 mi |
Douglas Elementary School, Princeton, IL 220 East Lasalle Street, Princeton, IL 61356 | PK-K | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2 Park Ave W
Date
Details
Price
Change
Source
3/10/2026
Listed
$259,000
62.89%
MLS
6/27/2025
Sold
$159,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2 Park Ave W
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,821
6%
$61,244
9%
2022
$4,556
2%
$56,405
7%
2022
$4,456
3%
$52,883
6%
2020
$4,317
—
$50,060
4%
2019
$4,333
1%
$48,227
1%
2018
$4,294
—
$47,651
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2 Park Ave W
2 Park Avenue W, Princeton, IL 61356 (MLS# 12589720) is a Commercial property. 2 Park Avenue W is currently listed for $259,000 and was received on March 10, 2026. Want to learn more about 2 Park Avenue W? Do you have questions about finding other Commercial real estate for sale in Princeton? You can browse all Princeton real estate or contact a Coldwell Banker agent to request more information.

