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Property profile & analytics

115 3Rd St Fairbury, IL 61739

  • Commercial real estate
  • 0.77 lot acres
Value Estimation
Location Intelligence
Property ID
US28-2588800
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 115 3Rd St

Lot size
0.77 lot acres
Property type
Commercial real estate
APN
25-25-03-453-031
APU
252503453031

Description

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.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $310,000
  • CAP approach

    CAP return
    Estimation
    6%
    $410,000
    6.5%
    $370,000
    7%
    $355,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $395,000
    Geo Method
    $380,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $410,000
    Retail
    $420,000
    Mixed-Use
    $450,000
    Hospitality
    $390,000
    Educational
    $345,000
    Residential Income
    $360,000
    Energy
    $350,000
    Income-Based Land
    $350,000
    Food Service
    $340,000

Location Insight

  • Map
  • Local Demand
City
Fairbury
County
Livingston
State
Illinois
Longitude
-88.5127
Latitude
40.7477
CBSA code
38700
CBSA name
PONTIAC, IL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$17,635
$14,518
$172,397
$186,915
-
$43,554
$517,191
$560,745
More about this property
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