Property summary
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 profile
VerifiedCap rate & NOI
Current use
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Bank Loan Service
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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