$144,000
SOLD MAY 5, 2025

505 E Locust St Fairbury, IL 61739

2 Beds
1 Bath
1,200 Sq Ft
5,532 Sq Ft Lot

Recently Sold

$120 Per Sq Ft

3% Above List Price

21 Days on Market

Highlights

  • Traditional Architecture
  • Living Room
  • Bathroom on Main Level
  • Walk-In Closet
  • Laundry Room
  • Forced Air Heating and Cooling System

About This Home

As of May 2025

Fairbury, here is your new all move in ready home! This spacious 2 story home offers great flow from the new front porch into the living room with new lighting, gorgeous floors, and fresh paint. Wonderful natural light and tall ceilings give the living room & dining room open & airy feels. The kitchen has all new appliances & great character with an old butcher block counter & a fabulous walk in pantry! Out the back door you can enjoy the back deck & yard as well. Upstairs there are 2 large bedrooms each with their own spacious walk in closets & brand new carpet. The basement has been completely painted and offers great storage space. Forced air heat & central air throughout. Call to make this move in property yours today!

Last Agent to Sell the Property

Jarrin Rabe

Coldwell Banker Real Estate Group License #475185843 Listed on: 03/08/2025

Coldwell Banker Real Estate Group

Last Buyer's Agent

Justin Feese

Keller Williams Revolution License #475187707

Keller Williams Revolution

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,585

Year Built

  • Built in 1910 | Remodeled in 2025

Lot Details

  • Lot Dimensions are 50 x 138

Parking

  • 3 Parking Spaces

Home Design

  • Traditional Architecture
  • Asphalt Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Replacement Windows
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 1 Full Bathroom

Schools

  • Chenoa Elementary School
  • Prairie Central Jr High Middle School
  • Prairie Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,585

Year Built

Built in 1910 | Remodeled in 2025

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2025
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2025

Interior Features

  • Basement: Unfinished, Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Laminate
  • Interior Amenities: 1st Floor Full Bath, Walk-In Closet(s), Pantry, Replacement Windows
  • LivingArea: 1200
  • Room Type: Pantry, Walk In Closet
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Vinyl Siding
  • Lot Features: None
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: Gravel, On Site, Owned
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Chenoa Elementary
  • High School: Prairie Central High School
  • Middle/Junior School: Prairie Central Jr High

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50 X 138
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 23

Tax Info

  • Tax Annual Amount: 1585
  • Tax Year: 2023
  • Tax Exemptions: None
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2025 05/05/25 Sold $144,000 +2.9% $120 / Sq Ft
04/04/2025 04/04/25 Pending -- -- --
03/13/2025 03/13/25 For Sale $140,000 -- $117 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,705 $18,530 $3,186 $15,344
2023 $1,581 $16,754 $2,881 $13,873
2022 $1,492 $15,776 $2,910 $12,866
2021 $1,421 $14,799 $2,730 $12,069
2020 $1,380 $14,230 $2,625 $11,605
2019 $1,343 $13,652 $2,518 $11,134
2018 $1,468 $14,856 $2,577 $12,279
2017 $1,480 $15,174 $2,632 $12,542
2016 $1,470 $15,174 $2,632 $12,542
2015 $1,425 $14,732 $2,555 $12,177
2013 $1,643 $16,674 $2,640 $14,034
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12307286

Midwest Real Estate Data (MRED)

APN: 25-25-02-353-005