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    1117 Delaware St Fairfield, IL 62837

    Sponsored
    For Sale
    $625,000

    Prime Fairfield location, 3,313 sq ft, 0.2 acres.

    Property size:
    3,313 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property, located at 1117 W Delaware Street in Fairfield, Illinois, presents a compelling investment opportunity. The building boasts a substantial 3,313 square feet of space, offering ample room for a variety of commercial uses. Situated on a conveniently sized 0.2-acre lot, the property provides sufficient outdoor space for parking, loading, or potential expansion. The asking price is $625,000, representing a strong value proposition in the Fairfield commercial real estate market. The property's address is highly visible and accessible, ensuring excellent exposure for any business operating from this location. The building's interior layout is adaptable and can be configured to suit the specific needs of a diverse range of commercial enterprises. Given its size, location, and price point, this property is well-suited for businesses seeking a prominent presence in the heart of Fairfield. Serious inquiries are encouraged to explore the potential of this significant commercial asset. The property is offered as-is. Further details regarding the building's specifications and potential uses are available upon request. Don't miss this chance to acquire a valuable piece of Fairfield commercial real estate.

    Property Features for 1117 Delaware St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,313 SF
    Lot Size
    8,712 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    J J's Package ... Liquor Store

    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
    Fairfield
    County
    Wayne
    State
    Illinois
    Longitude
    -88.37595
    Latitude
    38.37899

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Fairfield location, 3,313 sq ft, 0.2 acres.
    Where is this commercial real estate located?
    The property is located at 1117 Delaware St Fairfield, IL.
    What is the asking price?
    The asking price for this property is $625,000.
    Request Owner's contact information
    1117 Delaware St Fairfield, IL 62837
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    Fairfield, IL 62837
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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
    1117 Delaware St Fairfield, IL 62837
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