956 N Main Street

Princeton, Illinois 61356

Amazing investment opportunity to own prime space in a prime location in Princeton's up-and-coming north end Business District. It has been said that the first building greeting visitors to Princeton has always been the Knox Hotel. In January of 2018, Princeton's south and north Main Street commercial districts were added to the National Historic Register of Historic Places. This Knox Hotel building enjoys that distinction and was honored as the recipient of Princeton's first Historic Preservation Commission Award which is displayed on the front of the building. This building can be one business or the space can accommodate up to 3 individual businesses under one roof. First floor has been totally renovated, and the second and third upstairs floors have had walls removed and are now huge open spaces that you can design into whatever you want them to be--condos? apartments? hotel rooms? an Event Center? Or perhaps a combination of those possibilities? So if you have a dream, this might be the space for you. The lower level is currently leased until the end of January 2021 and brings in $1900/month. This can give you time and money to renovate the upper two floors! The City Parking Lot right across the street provides ample parking. Call today for a private showing to see if this is the space for you!