Property profile

612 Locust St Fairbury, IL 61739

OFF-MARKET
Commercial real estate
Property ID
US28-4982792
0.34 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional commercial property at 612 W Locust Street, Fairbury, IL, presents a unique opportunity for a variety of businesses or individual needs. Boasting over 4,000 square feet of space, this steel building sits on two corner lots, providing ample room for expansion or outdoor storage. The interior features a wide-open floor plan, ideal for workshops, storage, or large-scale operations. A substantial 14x18 overhead garage door allows for easy access for vehicles and equipment. The building is equipped with both natural gas heat and central air conditioning for year-round comfort, and also includes an oil burner for supplemental heating. The concrete floor is durable and easy to maintain. Five additional rooms offer versatile space for offices, parts storage, or other specialized uses. The property's location on the west end of Locust Street in Fairbury offers excellent visibility and accessibility. An additional empty lot is included, providing further potential for development or expansion. The owner is open to leasing options, making this a flexible and attractive investment. This property is commercially zoned.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.34 ac (14,810 SF)
APN 25-25-03-352-016
UPID US28-4982792

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Roofing Company General Contractor

Location

612 Locust St Fairbury, IL 61739-1053
Fairbury metro Census 960800 PONTIAC, IL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$195k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$200k

Owner & transaction history

since 2025
Last sale
$210,000
2 recorded transactions
2025
$210,000
2024
$247,500

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 612 Locust St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
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