1310 Illinois 26 Princeton, IL 61356
Estimated payment $2,407/month
About This Home
Prime Multi-Use Property with Endless Potential! Discover an incredible opportunity with this versatile multi-use commercial and residential property, situated on a 1.82-acre parcel in a desirable location. Offering a unique combination of office space and residential living. This property is ideal for business owners, investors, or those seeking a live-work setup. Main Level - Office space features welcoming reception area with four private offices for a variety of business needs. A kitchen area for convenience. Two bathrooms, flexible layout for professional services, retail, or office use. Lower Level - Spacious Residential Living! Three bedrooms and two full bathrooms. Open-concept living room & kitchen, perfect for entertaining. Laundry area for added convenience. Separate entrance, providing privacy and rental potential. Upper Level - Studio Apartment, ideal for guests, rental income, or an on-site manager's quarters. Comfortable living space with essential amenities. Additional features include two large sheds for storage or workspace. Detached 2-car garage. Ample parking and outdoor space. This property presents a rare blend of business and residential flexibility, making it an excellent investment. Whether you're looking to establish your business, generate rental income, or create a multi-generational living arrangement, this property is a must-see! Schedule your private tour today!
Property Details
Property Type
- Other
Est. Annual Taxes
- $2,901
Lot Details
- 1.82 Acre Lot
Home Design
- Mixed Use
- Fire Rated Drywall
- Metal Roof
- Vinyl Siding
- Steel Beams
Interior Spaces
- 5,900 Sq Ft Home
- Wood Flooring
- Basement Fills Entire Space Under The House
Utilities
- Central Air
- Heating System Uses Gas
- Natural Gas Water Heater
- Septic System
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,902 | $47,725 | $4,788 | $42,937 |
| 2023 | $2,902 | $43,954 | $4,410 | $39,544 |
| 2022 | $2,729 | $41,210 | $4,135 | $37,075 |
| 2021 | $2,664 | $39,010 | $3,914 | $35,096 |
| 2020 | $2,594 | $37,582 | $3,771 | $33,811 |
| 2019 | $2,609 | $37,133 | $3,726 | $33,407 |
| 2018 | $2,567 | $36,498 | $3,662 | $32,836 |
| 2017 | $2,631 | $36,630 | $3,675 | $32,955 |
| 2016 | $2,573 | $35,674 | $3,579 | $32,095 |
| 2015 | -- | $31,534 | $0 | $31,534 |
| 2014 | -- | $35,050 | $3,516 | $31,534 |
| 2013 | -- | $35,240 | $3,535 | $31,705 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/14/2025 02/14/25 | For Sale | $390,000 | -- | $66 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Attorney |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $200,500 | Future Advance Clause Open End Mortgage |
Source: NorthWest Illinois Alliance of REALTORS®
MLS Number: 202503642
APN: 16-22-100-019
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