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$195,000
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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!
Full Property Details
Full Property Details for 420 S Main St
General
- Sold For: $195,000
- Taxes: $5,938 (2021)
- Status: Closed
- Type: Store
- Source: MRED
- MLS ID: 11751239
- Added to Site: 1, 053 day(s) ago
Interior
- Interior Features: Basement
Additional Information
- Security/Safety: Fire Extinguisher(s), Smoke or Fire Protectors
Location
- Area: Hollowayville / Princeton
- County: Bureau
- Driving Directions: From I-80, turn south onto Main Street. Drive south approximately 2 miles. Building is on west side of street.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Exterior Const.: Brick, Block
- Foundation: Brick/Mortar
- Roof: Membrane
- Stories/Levels: 2
- Square Feet: 6,384
- Year Built: 1881
Unit Information
- # Tenants: 4
Lot Features
- Lot Size (Sq. Ft.): 6,392
- Lot Dimensions: 47 x 136
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Fire Extinguisher/s, Smoke or Fire Protectors
- Assessment Year: 1881
- Tax Amount: $5,938.16
- Tax Year: 2021
- Tenant Pays: Varies by Tenant
Disclosures and Reports
- Property ID: 1616304014
Listed by Landmark Realty Of Illinois LLC
Sold by Success Realty Property Management, LLC
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Schools
Schools serving 420 S Main St
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 | 0.3 mi |
Logan Jr High School 302 West Central Avenue, Princeton, IL 61356 | 5-8 | 0.3 mi |
Jefferson Elementary School, Princeton, IL 725 West Putnam Street, Princeton, IL 61356 | 1-2 | 0.6 mi |
Princeton High School 103 South Euclid Avenue, Princeton, IL 61356 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 420 S Main St
Date
Details
Price
Change
Source
5/16/2024
Sold
$195,000
-14.85%
MLS
2/29/2024
Price Reduced
$229,000
-8.03%
MLS
6/19/2023
Price Reduced
$249,000
-7.43%
MLS
4/03/2023
Listed
$269,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
420 S Main Street, Princeton, IL 61356 (MLS# 11751239) is a Store property that was sold at $195,000 on May 16, 2024. Want to learn more about 420 S Main Street? Do you have questions about finding other Store real estate for sale in Princeton? You can browse all Princeton real estate or contact a Coldwell Banker agent to request more information.

