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Bar with Covered Entry
For Sale
$130,000

206 W Locust Street, Fairbury, IL 61739

An open interior includes a service counter, commercial refrigeration, beverage displays, and a mounted television.

Property Size2,102 SF
Price / SF$61.85
Days on Market191

Property Features for 206 W Locust Street

General Information

Standard status Active
Size 2,102 SF
Property subtype COMMERCIAL

Additional Details

Business Included Yes
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $2,815

Building Details

Building Size 2,102 SF
Year Built 1969
Tenancy Single
Listing Agency: Keller Williams Revolution
Listed By: Greg Teats · License #475181697
Source: Eppelrealty
Added: Apr 22 Changed: Oct 26 Last Checked: Oct 26 at 3:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Revolution

Rey
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Investment Insights

Based on property information with market context.

This 2,102-square-foot bar in Fairbury was built in 1969. Its open interior is arranged around a long wood bar, with seating, commercial refrigeration, beverage display cases, and a service station. Wood-paneled walls, tile floors, overhead lighting, ceiling fans, and a mounted television complete the space. The exterior has a brick facade and a sheltered entrance.

The property is on W Locust Street in Fairbury’s downtown business corridor, among local businesses.

Key Highlights

  • 2,102 square feet; built in 1969
  • Open interior centered on a long wood bar with seating
  • Commercial refrigeration, beverage displays, and a service station

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply HVAC Service Big Box & Wholesale 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

Single-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

313
Businesses Nearby
Balanced
Demand for This Use

Demographics for 61739, IL

4,784
Population
1,949
Households
2.5
Avg Household Size
41
Median Age
21%
College-Educated
92%
High-School Grad
106.1 sq mi
ZIP Area
45
Density / Sq Mi
$68,635
Median Household Income
$42,930
Median Earnings
$753
Median Rent
$160,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • Divot’s Bar and Grill — 7429 N 2200 E Rd, Fairbury, IL 61739
  • Take 5 Rendezvous at Hoffman House — 310 S 3rd St, Fairbury, IL 61739
  • Crazy Crains Bar — 206 W Locust St, Fairbury, IL 61739
  • Gigs Place — 220 E Locust St, Fairbury, IL 61739

Frequently Asked Questions

What type of property is this?
Bar & Pub - An open interior includes a service counter, commercial refrigeration, beverage displays, and a mounted television.
Where is this bar & pub located?
The property is located at 206 W Locust Street Fairbury, IL.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: 2,102 square feet; built in 1969; Open interior centered on a long wood bar with seating; Commercial refrigeration, beverage displays, and a service station
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