Listing provided courtesy of Landmark Realty of Illinois LLCMREDas Distributed by MLSGrid- MLS# 12589720MLS Provider

2 Park Avenue WPrinceton, IL 61356

Commercial · 6,132 Sq. ft.
$259,000 Active

2 Park Avenue W Overview

Time on Site:
111 days
Visits:
13

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!

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2 Park Avenue W Facts & Features

  • Type Commercial
  • Sq. ft. 6,132
  • Price/Sq.ft. $42

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Existing Lease Type: N/A
  • Fuel Expense: 0
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1886

Location/Region

  • County Or Parish: Bureau
  • MLS Area Major: Hollowayville / Princeton
  • Township: Princeton

Tax Information

  • Tax Annual Amount: $5,144.14
  • Tax Year: 2024

General Information

  • Parcel Number: 1616353003
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 6132

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 85 X 85
  • Lot Size Square Feet: 7225

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 1

2 Park Avenue W Neighborhood

Community

61356 (Princeton) Demographics

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

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2 Park Avenue W Monthly Cost

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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.

2 Park Avenue W Market Data

Based on the last 30 days in this zip code

$256,067
Average List Price
$141
Average Price per Square Foot
12
Properties Sold
73
Average Days on Market
37
Properties for Sale
Calculations provided by Reliance Network

2 Park Avenue W 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