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    1 home
      1 home available
      400 N Main Street, Princeton, IL 61356
      NEW 3 hrs ago
      400 N Main Street, Princeton, IL 61356
      $440,000
      5beds
      sqft
      acres
      Multi Family for Sale

      400 N Main Street, Princeton, IL 61356

      Listing by: Landmark Realty of Illinois LLC
      1 - 1 of 1 results
      © 2026 Mainstreet REALTORS® All Rights Reserved.
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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      Chicagoland Homes
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      400 N Main Street, Princeton, IL 61356
      NEW 3 hrs ago
      $440,000
      5beds
      full,half bath
      sqft
      acres

      400 N Main Street, Princeton, IL 61356

      Multi Family for Sale by Janelle McCarterLandmark Realty of Illinois LLC.

      Data checked -. Listing last updated 2 hours ago.
      1. Overview
      2. Details
      3. More 

      This well-maintained 12-unit mixed-use property presents a compelling opportunity for investors seeking immediate cash flow with additional upside potential. The asset is comprised of three residential units (two spacious two-bedroom apartments and one efficiently designed studio), alongside nine commercial spaces fronts that provide diversified income streams. Over the past several years, the building has undergone significant renovations, resulting in a turnkey investment requiring no immediate capital improvements. All units are in strong condition, allowing a new owner to step in and begin generating revenue from day one. In addition to its current income, the property features a partially finished lower level, offering clear value-add potential. Investors may explore opportunities to further develop this space into additional residential or commercial units, subject to local zoning and approvals, thereby increasing overall returns. With a balanced unit mix, recent upgrades, and future expansion potential, this property is ideally positioned for both stable cash flow and long-term appreciation.

      Internet Serviceability
      Details
        Property type
      Residential Income
        Year built
      1947
        Heating
      Natural Gas, Forced Air
        Cooling
        Total rooms
      19
        Garage
      No
        Parking spots
      12
      MRD12646206
      MLS ID
      Active
      Status
      05-12-2026
      On market date
        Laundry features
        Fireplace
      No
        Pets allowed
        Architectural Style
        Basement
      Unfinished, Full
      Interior features
      Exterior features
      Lot features
      Appliances included
      Construction materials
      Vinyl Siding
      Monthly taxes
      $183
      Yearly taxes
      $2,201.16
      School district
      Princeton Elementary School Dist 115, Princeton High School Dist 500
      Schools
      -
      Senior community
      No
      Common Charges
      -
      Maintenance
      -
      Additional Fees
      -
      Open Houses
      In-Person
      No upcoming in-person open houses
      Virtual
      No upcoming virtual open houses
      Contact Agent
      Listing By:
      Janelle McCarter
      Janelle McCarter
      MT
      Makayla Thompson
      Janelle McCarter
      Janelle McCarter
      Designated Managing Broker, Landmark Realty of Illinois LLC
      Direct 
       
      MT
      Makayla Thompson
      Direct 
       
      Location
      North Main St. in Princeton.
      For Sale Nearby
      No nearby homes are For Sale Nearby.
      Recently Sold
      No nearby homes have been Recently Sold.
      400 N Main Street, Princeton, IL 61356, is a 5 bedroom Multi Family built in 1947. This property is currently available for sale and was listed on Mainstreet REALTORS® on 5-12-2026. The MLS# for this Multi Family is MLS# MRD12646206.
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
      Copyright ©2026 Mainstreet REALTORS®