824 W Marquette Street Princeton, IL $ 189,000
824 W Marquette Street
$ 189,000
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824 W Marquette Street

Princeton, IL, 61356
$ 189,000
Bedrooms4 Baths2.0 Sq 1,856

Monthly Estimate*

$ 1,164

824 W Marquette Street, Princeton, IL 61356 - Image 1
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Multi-Family Home for sale in Princeton, IL

for $189,000 with 4 bedrooms and 2 full baths. This 1,856 square foot home was built in 1980 on a lot size of 0.36.

Investment Opportunity - Purpose-Built Side-by-Side Duplex on Corner Lot This well-maintained side-by-side duplex offers a great opportunity for both investors and owner-occupants. Each unit features 2 bedrooms, 1 bathroom, and an attached 1-car garage, providing a functional layout that is highly desirable for tenants. One unit has been recently updated with brand new flooring and fresh interior paint, making it move-in ready and ideal for a new tenant or an owner-occupant looking to offset their mortgage. The second unit is currently rented at $800 per month on a month-to-month lease, offering immediate income with the flexibility to adjust rents. The vacant unit has a pro forma rent of $1,200 per month, presenting strong upside potential. Tenants pay all utilities, helping keep operating expenses low and maximizing cash flow. Situated on a corner lot, the property benefits from added privacy, extra yard space, and convenient access. Attached 1-car garage for each unit. A solid addition to any rental portfolio with immediate income and value-add potential! Listing agent related to seller.

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Multi-Family Active

Price

$ 189,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,877

Style

Lot Size

0.36

Year Built

1980

Town/City

Princeton

County/Region

Bureau

MLS | Web ID

12591574

Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Roof Asphalt
Garage Spaces 2
Construction Materials Vinyl Siding Brick
Year Built 1980
Township Princeton
Tax Year 2024
Ownership Fee Simple
Gross Income 24000
County Bureau
Net Operating Income 19723
Insurance Expense 1400
New Construction N
Property Type Residential Income Two to Four Units
MaintenanceExpense 0
Total Rooms 8
Status New
Directions From Main St turn west on Marquette. 8 blocks down on the left.
High School Princeton High School
City Princeton
High School District 500
MLS Area Hollowayville / Princeton
Tax Annual Amount 2877
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 115
Elementary School District 115
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Interior
Basement Crawl Space
Total Bedrooms 4
Total Baths 2
Bedrooms Possible 4
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Yes Attached Garage
Lot Features Corner Lot
Water Source Public
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 120x130
Lot Size Acres 0.36
Waterfront Y/N N
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* Excluded Features
List By
Landmark Realty Of Illinois Llc

Broker

jalilley24@yahoo.com

Email

Affordability Calculator

$1,403
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,164
Monthly Property Taxes
$240
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566913 Elementary School
567837 Middle School
Princeton High School High School
Pricing History
DatePricePrice ChangeDescription
3/16/2026$189,000 Listed Price

Map


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824 W Marquette Street, Princeton, IL, 61356 is a Multi-Family Home for sale at $189,000 with 1,856 sqft and a lot size of 0.36. 824 W Marquette Street has 4 bedrooms, 2.0 baths, and was built in 1980. The property's zip code is 61356 which is in Princeton, IL