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    612 Locust St Fairbury, IL 61739

    For Sale
    $250,000

    Spacious shop, office, & storage space.

    Property size:
    4,032 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional commercial property at 612 W Locust Street, Fairbury, IL, presents a unique opportunity for a variety of businesses or individual needs. Boasting over 4,000 square feet of space, this steel building sits on two corner lots, providing ample room for expansion or outdoor storage. The interior features a wide-open floor plan, ideal for workshops, storage, or large-scale operations. A substantial 14x18 overhead garage door allows for easy access for vehicles and equipment. The building is equipped with both natural gas heat and central air conditioning for year-round comfort, and also includes an oil burner for supplemental heating. The concrete floor is durable and easy to maintain. Five additional rooms offer versatile space for offices, parts storage, or other specialized uses. The property's location on the west end of Locust Street in Fairbury offers excellent visibility and accessibility. An additional empty lot is included, providing further potential for development or expansion. The owner is open to leasing options, making this a flexible and attractive investment. This property is commercially zoned.

    Property Features for 612 Locust St

    General Information

    Property type
    Investment properties
    Square Feet
    4,032 SF

    Building Details

    Year Built
    1994
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fairbury
    County
    Livingston
    State
    Illinois
    Longitude
    -88.52224
    Latitude
    40.74716

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    FAQs

    What type of property is this?
    Investment property - Spacious shop, office, & storage space.
    Where is this investment property located?
    The property is located at 612 Locust St Fairbury, IL.
    What is the asking price?
    The asking price for this property is $250,000.
    (815) 692-4388
    Request Owner's contact information
    612 Locust St Fairbury, IL 61739
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    Fairbury, IL 61739
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    612 Locust St Fairbury, IL 61739
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