512 E Oak Street Fairbury, IL ^$ 499,000

512 E Oak Street

^$ 499,000

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512 E Oak Street

Fairbury, IL, 61739

^$ 499,000

Studio Baths0.0 Sq 3,032

Monthly Estimate*

^$ 3,486

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Studio

Commercial Property for sale in Fairbury, IL

for $499,000. This 3,032 square foot building was built in 1965 on a lot size of 0.419995.

Freestanding restaurant for sale. All FF&E included in sale. Restaurant is still operating, please do not disturb. All showing must occur on Monday's when the restaurant is closed.

Commercial Active

Price

^$ 499,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 6,701

Style

Lot Size

0.419995

Year Built

1965

Town/City

Fairbury

County/Region

Livingston

MLS | Web ID

11895771

Features

General

Cooling Central Air

Zoning COMMR

Year Built 1965

Electric Circuit Breakers

Stories 1

Township Indian Grove

Property SubType Restaurant

Tax Year 2022

County Livingston

Net Operating Income 0

Property Type Commercial Sale Retail/Stores

Status Active

Directions I-55 to Hwy 24 Exit 187 head east on 24 to Fairbury. Restaurant is east side of town.

City Fairbury

MLS Area Fairbury

Lot Size Square Feet 18295

Street Name Oak

Tax Annual Amount 6701.64

Additional Parcels Y/N N

Leasable Area 6064

Days on Market 109

Standard Status Active

Exterior

Building Area Total 3032

Lot Dimensions .42 ACRE

Interior

Street Suffix Street

* Excluded Features

List By

Axis 360 Llc*

Broker

bswords@axis360.co

Affordability Calculator

$4,044

Per Month

Monthly Principal & Interest: $3,486
Monthly Property Taxes: $558
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Fairbury, IL

Average List Price ^$396,267

Percent of Sale Price 21%

About Fairbury, IL

3,721 Population

-4% Since 2002

^$40,173 Median Income

39.97 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/8/2024	$499,000	-4.76%	Price Down
11/3/2023	$523,952	-7.09%	Price Down
9/29/2023	$563,952		Listed Price

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512 E Oak Street, Fairbury, IL, 61739 is a Commercial Property for sale at $499,000 with 3,032 sqft and a lot size of 0.419995. 512 E Oak Street is a studio with 0.0 baths and was built in 1965. The property's zip code is 61739 which is in Fairbury, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 4/28/2024.

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512 E Oak Street

Commercial Property for sale in Fairbury, IL

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