113 W Locust

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113 W Locust

Fairbury, IL 61739
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential multifamily apartment building located in Fairbury, Illinois.
  • Property address is situated at 113 W Locust, 61739.
  • Located within a stable and established Livingston County community.
  • Asset type suitable for long-term rental income strategies.
  • Property position offers access to central Illinois regional employers.

What's Special

This multifamily apartment building sits at 113 W Locust in Fairbury, Illinois. The asset serves the local residential market, providing housing options within this established community in Livingston County. Fairbury maintains a stable economic base supported by regional agriculture and local commerce, serving as a hub for residents who prefer a small-town atmosphere within reach of larger central Illinois employment centers. Apartment buildings in this submarket typically appeal to long-term renters seeking proximity to local amenities and schools. Investors often view these assets as reliable additions to a portfolio given the consistent demand for rental housing in suburban and rural Illinois communities. The property functions as a straightforward residential investment, suitable for those focused on income generation or long-term capital preservation in a quiet, midwestern town setting.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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