Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    115 3Rd St Fairbury, IL 61739

    Sponsored
    For Sale
    $579,000

    Prime Executive Office, 9,248 SF

    Property size:
    33,541 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional two-story office building, totaling 33,541 square feet, is situated on a 0.77-acre lot in Fairbury, Illinois. Built in 1981, this Class B property offers 9,248 square feet of net rentable space, priced at $17.26 per square foot. The building features a spacious layout, including multiple private offices, open work areas, a lobby/atrium, teller area, vault, kitchenettes, and restrooms on both floors. The first floor boasts five private offices (approximately 100 square feet each), while the second floor, accessible by elevator, includes a boardroom and additional office space. The property includes 24 parking spaces and a canopy. The building is equipped with 600 Amp 200V 3-Phase power. Located just north of downtown Fairbury, a town of approximately 3,700 residents, this property benefits from its proximity to US Route 24, between Interstates 55 and 57 in Livingston County. The sale includes a five-year deed restriction against financial institutions and financial services. The property's permitted zoning is C. The APN is 25-25-03-453-031. This well-maintained building presents a unique opportunity for owner-users seeking a substantial and versatile office space.

    Property Features for 115 3Rd St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    33,541 SF
    Class
    B
    Lot Size
    33,541 SF

    Building Details

    Year Built
    1981
    Stories
    2

    HighLights

    • Well‑maintained, 33,541 SF Class B office building on a 0.77‑acre lot in Fairbury, IL.
    • Features 9,248 SF of net rentable space, priced at $17.26/SF.
    • Includes 24 parking spaces and a canopy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -88.5178518
    Latitude
    40.7469192

    Nearby Comparable

    • $135,000
      5,880 SF

      Historic Fairbury Office Building

      Prime Downtown Location, 5880 sq ft
      319-321 Locust St, Fairbury, IL 61739
      View Details
    • $250,000
      4,032 SF

      Fairbury Commercial Steel Building

      Spacious shop, office, & storage space.
      612 Locust St, Fairbury, IL 61739
      View Details
    • $579,000
      9 SF

      Fairbury Freestanding Office Building For Sale

      Well-maintained two-story office building in Fairbury, Illinois.
      115 N 3Rd St, Fairbury, IL 61739
      View Details
    • $379,500
      0.14 Acres

      New Fairbury Duplex with Clubhouse

      New 2-bedroom, 2-bath duplex with community clubhouse in Fairbury, IL.
      520 S 6Th St, Fairbury, IL 61739
      View Details
    • $399,500
      0.14 Acres

      New Fairbury Duplex with Clubhouse

      Zero-entry duplex with clubhouse in new Fairbury community.
      514 S 6Th St, Fairbury, IL 61739
      View Details
    • $250,000

      Historic Forrest Church - Museum

      Unique Hat Museum, 4900+ sq ft
      201 Beech St, Forrest, IL 61741
      View Details
    • New
      Contact for pricing

      Two-Story Multifamily Property in Pontiac

      Two-story multifamily property featuring two apartments and a full basement.
      208 E Timber St, Pontiac, IL 61764
      View Details
    • $69,900
      2,178 SF

      Downtown Chenoa Mixed-Use Property

      Prime Commercial Real Estate, High Growth Potential
      131 Veto St, Chenoa, IL 61726
      View Details
    • $150,000
      0.05 Acres

      Turn-Key Pizza Restaurant For Sale

      Pizza restaurant in historic downtown Pontiac, Illinois. Turn-key opportunity.
      317 W Madison St, Pontiac, IL 61764
      View Details
    • $39,900
      325 SF

      Downtown Pontiac Commercial Building

      Historic building, prime location, high visibility.
      118 Howard St, Pontiac, IL 61764
      View Details
    • $79,999
      2,400 SF

      Chenoa, IL Commercial Property

      Two Buildings, Ample Space, Great Potential
      410 Pickett St, Chenoa, IL 61726
      View Details

    Nearby Similar for Sale

    • $379,500
      0.14 Acres

      New Fairbury Duplex with Clubhouse

      New 2-bedroom, 2-bath duplex with community clubhouse in Fairbury, IL.
      520 S 6Th St, Fairbury, IL 61739
      View Details
    • $399,500
      0.14 Acres

      New Fairbury Duplex with Clubhouse

      Zero-entry duplex with clubhouse in new Fairbury community.
      514 S 6Th St, Fairbury, IL 61739
      View Details
    • $579,000
      9 SF

      Fairbury Freestanding Office Building For Sale

      Well-maintained two-story office building in Fairbury, Illinois.
      115 N 3Rd St, Fairbury, IL 61739
      View Details
    • $135,000
      5,880 SF

      Historic Fairbury Office Building

      Prime Downtown Location, 5880 sq ft
      319-321 Locust St, Fairbury, IL 61739
      View Details
    • $250,000
      4,032 SF

      Fairbury Commercial Steel Building

      Spacious shop, office, & storage space.
      612 Locust St, Fairbury, IL 61739
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Prime Executive Office, 9,248 SF
    Where is this office property / space located?
    The property is located at 115 3Rd St Fairbury, IL.
    What is the asking price?
    The asking price for this property is $579,000.
    What are key features of this property?
    This property features: Well-maintained, 33,541 SF Class B office building on a 0.77-acre lot in Fairbury, IL.; Features 9,248 SF of net rentable space, priced at $17.26/SF.; Includes 24 parking spaces and a canopy.
    Request Owner's contact information
    115 3Rd St Fairbury, IL 61739
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    115 3Rd St
    Fairbury, IL 61739
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    115 3Rd St Fairbury, IL 61739
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.