403 S Main Street
Princeton, IL 61356

Status: Active
Retail/Stores
0 beds
0 baths
8,305 sq.ft
Listing Price: $215,500

About this home

Money maker with this multi use property. Building has 3 commercial storefronts, 3 apartments and full basement. High traffic count from busiest roads, Route 6 and Route 34. Annual expenses change each year depending on repairs and maintenance needed. Current tenants would all like to stay. When all units are rented monthly income is $3250.00. In a great location in central downtown. Call today to set up a private showing.

Property details

School / Neighborhood, Utilities, Financing, Location Details
Air Conditioning Central Air
Area Major Hollowayville / Princeton
Zoning Type COMMR
Directions Route 6 W., South on Main
Electricity Circuit Breakers
Location Central Business District
Township Princeton
Unincorporated No
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Approx Year Built 1900
Foundation Brick/Mortar
MRD Virtual Tour None
Property / Lot Details
BuildingAreaTotal 8305
Property Type Retail/Stores
CurrentUse Commercial
Lot Dimensions 55X94
Fire Protection Alarm On Site
FrontageType City Street
LotSizeSquareFeet 8305
PropertySubType Other
NumberOfUnitsTotal 6
Interior Features
Heat/Ventilation Electric, Forced Air
Stories 2

Financials

Investment Profile Commercial Sale
Known Encumbrances None Known
Expense Year 2020
Total Annual Expense Source Owner Projection
Gross Rental Income $3,250
LeasableArea 8305
Net Oper Income $25,275
Total Monthly Income 2750
OperatingExpense 7725

Tax/Assessments/Liens

Multiple Pin Numbers Yes
PIN 1616326003
Taxes $5,416
Tax Year 2021
$215,500 Listing Price:
MLS # 11225337
Investment Profile Commercial Sale
Listing Market Time 500 days
Basement
List Date 09/20/2021
Year Built 1900
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