2 Park Avenue W, Princeton, IL 61356 | MLS #12589720 | Mel Foster Brokerage, LLC  
 
Listing provided courtesy of Landmark Realty of Illinois LLCMREDMLS# 12589720MLS Provider
  • 110 days on site
  • 13 views

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!

Source: MRED, MLS#: 12589720

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  • Property Type
    Commercial Sale

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  • Median Age
    48
  • Population Density
    59
  • College Educated
    40%
  • Estimated Median Income
    $54,959
  • Estimated Total Home Owners
    3,361
  • Estimated Total Renters
    1,260
  • Owner / Renter Divide
    73% / 27%
  • Estimated Average Household Size
    2
  • Total Population
    10,513
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2 Park Avenue W


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
3/16/2026Source: MRED Status Change
Active
3/11/2026Source: MRED Added to Database
March 11, 2026
6/30/2025Source: MRED Status Change
Closed
4/15/2025Source: MRED Status Change
Contingent
4/14/2025Source: MRED Status Change
Active
4/9/2025Source: MRED Added to Database
April 09, 2025