Commercial Real Estate Market in Fairbury, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
5 active listings and 250 off-market properties in Fairbury, IL.
Market Trends
Fairbury, IL spans 106.1 square miles in Livingston County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Fairbury, IL runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Fairbury, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Fairbury, IL runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Fairbury, IL runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 58.5%
- Commercial 30.8%
- Industrial 9.1%
- Agricultural 0.9%
Largest Zones share of zoned land by district
Single Family Residential District
Commercial District
Industrial
Single Family Residential District
Country Estate District Regulations
Fairbury, IL zones 1,127 acres across 6 districts. Commercial zoning covers 30.8% of zoned land, residential 58.5% and industrial 9.1%. The largest single district is Single Family Residential District at 50.3%. For commercial buyers the practical constraint is that only 39.9% of land carries a commercial or industrial designation.
Single Family Residential District (R-2)
A. Any use permitted in the R-2 Single-Family Residential District, but without requiring any specific approval by the City Council of the location of such use. B. A Manufactured Home (Double wide Mobile Home) having a minimum of 750 (seven hundred fifty square foot) and must have a masonry skirt. 9.3 HEIGHT REGULATIONS. The height requirements set forth for…
Market overview
Demographics & Economy
Fairbury, IL has 4,784 residents in 1,949 households. Density runs 45 people per square mile. Median household income here is $68,635 and median gross rent $753 a month.
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
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Champlin | — | — |
| Avoca | — | — |
| Forrest | — | — |
| Weston | — | — |
Commercial property in Fairbury, IL asks $25/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Fairbury?
Commercial property in Fairbury, IL asks an average of $25 per square foot.
What zoning applies to commercial property in Fairbury?
Fairbury, IL zones 1,127 acres across 6 districts, of which 30.8% is commercial and 9.1% industrial. The largest single district is Single Family Residential District at 50.3% of zoned land. A. Any use permitted in the R-2 Single-Family Residential District, but without requiring any specific approval by the City Council of the location of such use. B. A Manufactured Home (Double wide Mobile Home) having a minimum of 750 (seven hundred fifty square foot) and must have a masonry skirt. 9.3 HEIGHT REGULATIONS. The height requirements set forth for… Residential zoning covers 58.5% and open space 0%.
Where does Realmo's Fairbury market data come from?
Realmo compiles Fairbury, IL figures from 7 recent recorded sales, 5 active sale listings, 250 tracked off-market properties, the current Fairbury zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 0 active for-lease listings in Fairbury, IL. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 1,127 zoned acres across 6 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
