# 400 N Main Street, Princeton, IL 61356

> **TL;DR:** commercial, $420,000, built 1947.
> A/C. Est. $2,247/mo. Listed 216 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $420,000 |
| Year Built | 1947 |
| Lot Size | 15,682 sqft (0.36 acres) |
| Stories | 3 |
| Property Type | Commercial (Office) |
| Status | Active |
| Days on Market | 216 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,124 |
| Estimated Insurance | $123 |
| **Total** | **$2,247** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1947
- 0.36 acre lot
- 3 stories

## Description

### Agent Description
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.

## Location

- **Address:** 400 N Main Street, Princeton, IL 61356
- **County:** Bureau

## Listing Agent

- **Name:** Janelle McCarter
- **Brokerage:** Landmark Realty of Illinos LLC
- **Broker Phone:** (815) 252-7283

## Photos

![400 N Main Street - Photo 1](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f2463515271r.jpg)

![400 N Main Street - Photo 2](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f2508786917r.jpg)

![400 N Main Street - Photo 3](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f170084957r.jpg)

![400 N Main Street - Photo 4](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f3709135916r.jpg)

![400 N Main Street - Photo 5](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f1416225637r.jpg)

![400 N Main Street - Photo 6](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f2851803707r.jpg)

![400 N Main Street - Photo 7](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f968435410r.jpg)

![400 N Main Street - Photo 8](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f3731771449r.jpg)

![400 N Main Street - Photo 9](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f3930371315r.jpg)

![400 N Main Street - Photo 10](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f1021662310r.jpg)

![400 N Main Street - Photo 11](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f4284603330r.jpg)

![400 N Main Street - Photo 12](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f795320200r.jpg)

![400 N Main Street - Photo 13](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f4236370454r.jpg)

![400 N Main Street - Photo 14](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f3858764570r.jpg)

![400 N Main Street - Photo 15](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f647264418r.jpg)

![400 N Main Street - Photo 16](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f46310346r.jpg)

![400 N Main Street - Photo 17](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f2905945748r.jpg)

![400 N Main Street - Photo 18](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f1392779755r.jpg)

![400 N Main Street - Photo 19](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f1237352248r.jpg)

![400 N Main Street - Photo 20](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f293122916r.jpg)

![400 N Main Street - Photo 21](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f2389590646r.jpg)

![400 N Main Street - Photo 22](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f1720902696r.jpg)

![400 N Main Street - Photo 23](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f3430093763r.jpg)

![400 N Main Street - Photo 24](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f304660694r.jpg)

![400 N Main Street - Photo 25](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f4237933263r.jpg)

![400 N Main Street - Photo 26](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f2808926569r.jpg)

![400 N Main Street - Photo 27](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f693165332r.jpg)

![400 N Main Street - Photo 28](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f4163467636r.jpg)

![400 N Main Street - Photo 29](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f2806452263r.jpg)

![400 N Main Street - Photo 30](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f1617854497r.jpg)

![400 N Main Street - Photo 31](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f3342110107r.jpg)

![400 N Main Street - Photo 32](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f2287349074r.jpg)

![400 N Main Street - Photo 33](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f3608432467r.jpg)

![400 N Main Street - Photo 34](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f658647929r.jpg)

![400 N Main Street - Photo 35](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f2124252049r.jpg)

![400 N Main Street - Photo 36](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f448018813r.jpg)

![400 N Main Street - Photo 37](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f2764655606r.jpg)

![400 N Main Street - Photo 38](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f2223713083r.jpg)

![400 N Main Street - Photo 39](http://lh.rdcpix.com/e8c1f0b753b2c8603c1e9dee5ba8209bl-f2345772068r.jpg)

---

**MLS#:** 12470751 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/400-n-main-street-princeton-il-61356-514cb2b77bef4f46b6f263b12c9538b4)

---

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