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Commercial Blank Slate Building
For Sale
$55,000

1483 S 1st St, Fairfield, IL 62837

COMMERCIAL - Fairfield, IL

Property Size1,440 SF
Lot Size0.37 Acres
Price / SF$38.19
Days on Market27

Property Features for 1483 S 1st St

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 1
Half bathrooms 1
Rooms Bathroom 1
Parking features Driveway
Standard status Active
APN 09-07-020-009
Size 1,440 SF
Lot size 0.37 Acres

Taxes and HOA fees

Tax Annual Amount 447

Utilities

Water source Public

Building Details

Roof type Tar/Gravel
Listing Agency: Keys Real Estate
Listed By: Ethan Keyser · License #471022183
Added: Jul 17 Changed: Aug 4 Last Checked: Aug 11 at 11:06PM
MLS# 11894818

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial building presents a blank-slate layout with 1,440 square feet of space and a circle drive for convenient access and parking. Recent improvements include new windows, fresh paint, new columns, and new fascia and soffit, along with a new 200-amp electrical service and breaker panel.

The property is situated on approximately 0.37 acres at the edge of town in Fairfield, Illinois. It is described as currently set up as a commercial building with potential to be converted into a unique residential home.

Overall, the updates focus on the exterior presentation and electrical service, supporting a refreshed base for a new owner’s intended use.

Key Highlights

  • Approximately 0.37‑acre property on the edge of town with 1,440 sq. ft. of space
  • Currently set up as a commercial building with potential to be converted into a residential home
  • Circle drive offers convenient access and parking

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Dental Office Real Estate Agency (Bike/Boat/Book/etc) Store Building Supply Furniture & Home Goods Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

25
Businesses Nearby

Demographics for 62837, IL

8,467
Population
4,157
Households
2
Avg Household Size
45
Median Age
15%
College-Educated
91%
High-School Grad
163.9 sq mi
ZIP Area
52
Density / Sq Mi
$46,646
Median Household Income
$39,299
Median Earnings
$584
Median Rent
$105,400
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - A 1,440 SF commercial property on a 0.37-acre lot with recent exterior updates and a circle drive.
Where is this office units located?
The property is located at 1483 S 1st St Fairfield, IL.
What is the asking price?
The asking price for this property is $55,000.
What are key features of this property?
This property features: Approximately 0.37‑acre property on the edge of town with 1,440 sq. ft. of space; Currently set up as a commercial building with potential to be converted into a residential home; Circle drive offers convenient access and parking
More about this property
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