Listing provided courtesy of Green Street RealtyMREDas Distributed by MLSGrid- MLS# 12560457MLS Provider

319-321 W. Locust StreetFairbury, IL 61739

Commercial · 5,880 Sq. ft. | 0.13 Acres
$85,000 Active

319-321 W. Locust Street Overview

Time on Site:
141 days
Visits:
2

Here's your opportunity to own a piece of Fairbury history in this commercial business building that has served the Fairbury community for more than a century! This spacious 2 story office building features over 15 distinct rooms/spaces, including offices, original drafting rooms, conference rooms, and two bathrooms. Endless storage and unique features are found throughout, including skylights along the north-facing roof that provide abundant natural light. The large attached garage offers additional space, complete with a storage loft, a staircase leading to the second level, and the original wooden elevator. The property is equipped with two furnaces-one serving each floor-as well as two central air conditioning units. The vacant land located west of the building is also included. This property offers many possibilities!

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319-321 W. Locust Street Facts & Features

  • Type Commercial
  • Sq. ft. 5,880
  • Price/Sq.ft. $14
  • Lot 0.13 Acres

Details

General

Income/Expenses

  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1890

Location/Region

  • County Or Parish: Livingston
  • MLS Area Major: Fairbury

Tax Information

  • Tax Annual Amount: $2,332.58
  • Tax Year: 2024

General Information

  • Parcel Number: 252503383008
  • Property Sub Type: Office
  • Property Type: Commercial Sale
  • Zoning: OFFIC

Interior

Building Interior

  • Building Area Total: 5880

General Information

  • Cooling: Central Air
  • Electric: 220 Volts
  • Leasable Area: 5880
  • Stories: 2

Unit Information

  • Unit SqFt.: 5880

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Acres: 0.13
  • Lot Size Dimensions: 160X35.9
  • Lot Size Square Feet: 5600
  • Water Source: Municipal Water

Building Exterior/Construction

  • Construction Materials: Vinyl Siding, Other

General Information

  • Utilities: Electric to Site,Natural Gas Available

319-321 W. Locust Street Neighborhood

Community

61739 (Fairbury) Demographics

40
Median Age
47
Population Density (per sq. mile)
30%
College Educated
$61,375
Estimated Median Income
1,272
Estimated Total Home Owners
611
Estimated Total Renters
68% / 32%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

319-321 W. Locust Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

319-321 W. Locust Street Market Data

Based on the last 30 days in this zip code

$300,083
Average List Price
$166
Average Price per Square Foot
4
Properties Sold
35
Average Days on Market
24
Properties for Sale
Calculations provided by Reliance Network

319-321 W. Locust Street History

Date Event Value Agent
4/12/2026Source: MRED Status Change
Active
4/7/2026Source: MRED Price Reduction
$85,000 -14.1%
4/7/2026Source: MRED Status Change
Price Change
2/14/2026Source: MRED Status Change
Active
2/9/2026Source: MRED Added to Database
February 09, 2026