902 N Main St

Princeton, IL 61356

$319,000
Price
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a view of a building with a window
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a bathroom with a sink and a shower
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a kitchen with stainless steel appliances granite countertop a stove top oven a sink dishwasher a refrigerator and cabinets with wooden floor
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a living room with furniture a ceiling fan and a flat screen tv
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a bathroom with a sink toilet and mirror
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Description

Right in the heart of Princeton's lively Art District, this two-story commercial building is brimming with character and potential. The Prairie and Sullivanesque influences are a perfect juxtaposition to the near floor to ceiling front windows, allowing for a bit of today and yesterday to be intertwined. With nearly 9,400 square feet of space, it's the perfect canvas for a visionary looking to bring new energy to this thriving community. The property is designed for multiple uses under one roof-think...Right in the heart of Princeton's lively Art District, this two-story commercial building is brimming with character and potential. The Prairie and Sullivanesque influences are a perfect juxtaposition to the near floor to ceiling front windows, allowing for a bit of today and yesterday to be intertwined. With nearly 9,400 square feet of space, it's the perfect canvas for a visionary looking to bring new energy to this thriving community. The property is designed for multiple uses under one roof-think boutiques, galleries, co-working spaces, studios, cafes, and more. On the second floor, there are two short-term or long term rental units, one already operating successfully as an Airbnb, providing instant income while other parts of the building take shape. Many of the major projects have already been completed. A new roof was installed in 2020, and in 2022 a whole-building rooftop HVAC unit was added to ensure modern comfort. Electrical systems have been improved on both the first floor and in the upstairs apartment foyer. The second floor has been outfitted with new windows, except for the finished apartment, which already had updated windows in place. The back of the building now features new glass doors, and the storefront windows and doors have had broken glass replaced. Inside, partitions have been added on both floors, setting the stage for future offices, apartments, or creative flex spaces. Even the basement has been gutted of its old walls, offering a clean slate for new possibilities. While some projects remain, the most significant updates have already been tackled, leaving behind a strong foundation ready for the next chapter. Whether you envision art studios paired with gallery space, a cafe that spills into a creative workshop, or a destination that blends multiple uses, this historic property is ready to become a cornerstone of Princeton's thriving Art District.
  1. Listed by Janelle McCarter • Landmark Realty of Illinois LLC
    P: (815)-252-7283 C: (815)-252-7283 jalilley24@yahoo.com

Property Details for 902 North Main Street

Area
Hollowayville / Princeton
Air Conditioning Type
Central Air
Zoning
COMMR
LISTING UPDATED: 11/08/2025 12:07 AM

Property Details for 902 North Main Street

StatusActive
MLS #12484468
Days on Market75
Taxes$1,422 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1896
Lot Size0.11 AC / 5,005 SF
CountyBureau County

Location

Listing Courtesy of Landmark Realty of Illinois LLC
Add your commute

Building Information for 902 North Main Street

Stories2Residences5Year Built1896Lot Size0.11 AC / 5,005 SF

Payment Calculator

$1,695 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,576

Property Taxes

$119

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 902 North Main Street

General Information
Location and General Information
  • Geographic Locale: Central Illinois
  • Information: None
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • Heat/Ventilation: Forced Air
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 2
Property/Lot Information
  • Owners Association: No
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 38.5 X 130
  • Lot Size Square Feet: 5005.0
  • Stories: 2
  • Construction: Brick, Stucco
  • Fire Protection: Carbon Monoxide Detector(s)
  • Foundation Details: Brick/Mortar
  • Building Area Total: 9200
  • # Of Offices: 5
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
Property and Assessments
  • Public Document Count: 2
  • Document Date: 2025-10-15T19:53:25
  • Photos Count: 33
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Total Monthly Income: 0
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 902 North Main Street

DateEvent & SourcePriceAppreciation
Nov 2, 2025

Price Change

MRED #12484468

$319,000—
Sep 30, 2025

Listed (Active)

MRED #12484468

$369,000—
Oct 1, 2020

Sold (Public Record)

Public Record #1416109979

$40,000

-8.2% / yr

Mar 14, 2006

Sold (Public Record)

Public Record #1083285604

$140,000—
DateEvent & SourcePrice
11/02/2025

Price Change

MRED #12484468

$319,000
09/30/2025

Listed (Active)

MRED #12484468

$369,000
10/01/2020

Sold (Public Record)

Public Record #1416109979

$40,000

-8.2% / yr

03/14/2006

Sold (Public Record)

Public Record #1083285604

$140,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 902 North Main Street

Taxable ValueLand$9,202Additions$7,728Total$16,930
Tax Record2024$1,333 ($111 / month)
Home Facts
Lot Size4,792 SqFtStyleMiscellaneous CommercialCountyBUREAUAPN16-09-311-010

Schools near 902 North Main Street

This home is within Princeton Hsd 500 School District.
Rating
School
Type
Grades
Distance
Jefferson Elementary School
Public - K to 3
Lincoln Elementary School
Public - 3 to 4
Logan Jr High School
Public - 5 to 8
Princeton High School
Public - 9 to 12
Rating
School
Distance
Jefferson Elementary School
PublicK to 3

Lincoln Elementary School
Public3 to 4

Logan Jr High School
Public5 to 8

Princeton High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 902 North Main Street, Princeton, IL 61356

902 North Main Street is a mixed use property for sale in Princeton, IL 61356. This property was listed for sale on September 30, 2025 by Landmark Realty of Illinois LLC, it's currently listed at $319,000. It has been on the market for a total of 75 days and was last sold on October 1, 2020. This listing's school districts are Princeton Esd 115 School District, Princeton Hsd 500 School District. Nearby schools include Jefferson Elementary School, Lincoln Elementary School and Logan Jr High School. 902 North Main Street is a 0-bed, 0-bath, mixed use property built in 1896.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Landmark Realty of Illinois LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/08/2025 12:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.