Listing provided courtesy of Landmark Realty of Illinois LLCMREDas Distributed by MLSGrid- MLS# 12484468MLS Provider

902 N Main StreetPrinceton, IL 61356

Commercial · 9,200 Sq. ft.
$299,000 Active

902 N Main Street Overview

Time on Site:
271 days
Visits:
20

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.

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902 N Main Street Facts & Features

  • Type Commercial
  • Sq. ft. 9,200
  • Price/Sq.ft. $32

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1896

Location/Region

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

Tax Information

  • Tax Annual Amount: $1,422.02
  • Tax Year: 2024

General Information

  • Parcel Number: 1609311010
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 9200

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Foundation Details: Brick/Mortar
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 38.5 X 130
  • Lot Size Square Feet: 5005

Building Exterior/Construction

  • Construction Materials: Brick, Stucco

General Information

  • Number Of Units Total: 5

902 N Main Street 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.

902 N Main Street 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.

902 N Main Street 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

902 N Main Street History

Date Event Value Agent
6/1/2026Source: MRED Status Change
Active
5/27/2026Source: MRED Price Reduction
$299,000 -1.3%
5/27/2026Source: MRED Status Change
Price Change
3/8/2026Source: MRED Status Change
Active
3/3/2026Source: MRED Price Reduction
$303,000 -1.9%
3/3/2026Source: MRED Status Change
Price Change
2/22/2026Source: MRED Status Change
Active
2/17/2026Source: MRED Price Reduction
$309,000 -3.1%
2/17/2026Source: MRED Status Change
Price Change
11/7/2025Source: MRED Status Change
Active
11/2/2025Source: MRED Price Reduction
$319,000 -13.6%
11/2/2025Source: MRED Status Change
Price Change
10/6/2025Source: MRED Status Change
Active
10/1/2025Source: MRED Added to Database
October 01, 2025
6/20/2022Source: MRED Added to Database
January 27, 2022