# 269 Illinois Street, Fairbanks, AK 99701

> **TL;DR:** 0bd/2ba commercial, $625,000 ($122/sqft), built 1950, 5,120 sqft. Est. $2,708/mo. Listed 265 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $625,000 |
| Price/sqft | $122 |
| Bathrooms | 2 full |
| Square Feet | 5,120 |
| Year Built | 1950 |
| Lot Size | 27,007 sqft (0.62 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 265 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,708 |
| **Total** | **$2,708** |

## Property Highlights

- Built in 1950
- 0.62 acre lot

## Description

### Agent Description
Exceptional opportunity in central Fairbanks! Located at the high-visibility intersection of Illinois Street and Phillips Field Road—one of the busiest thoroughfares in town with over 14,000 vehicles passing daily—this versatile commercial property offers a wide range of potential uses. Zoned Light Industrial and located within the Historic Overlay District, this 5,120 sq. ft. concrete block building sits on over half an acre (.62 acres) with two access points and ample paved parking (10+ spaces) plus additional parking space within the secured parking lot. Originally built in 1950 and once a well-known gas station, the building has a rich history in Fairbanks commerce. The gas pumps and canopy were removed in 1977, and the space was transitioned into a tire and wheel shop. Most recently, it served as a successful auto repair shop. The building layout includes a spacious shop area, dedicated office space, retail/showroom frontage, customer service areas, and dual restrooms. Large display windows are jeweler-grade plate glass, offering natural light and prominent exposure for retail or display needs. A delivery/truck door and inside storage area support flexible logistics for a variety of commercial uses. Heating is provided by a hot water baseboard system fueled by oil, with a supplemental pellet stove for added efficiency. Utilities include public water/sewer through Golden Heart Utilities and electric by GVEA. This is a rare chance to own a central Fairbanks commercial property with industrial utility, retail potential, and unbeatable traffic exposure that is priced below appraised value. Schedule your showing today—properties with this kind of history and flexibility don’t come around often! OWNER FINANCING & LEASE OPTIONS AVALABLE

## Location

- **Address:** 269 Illinois Street, Fairbanks, AK 99701
- **Coordinates:** 64.8480754, -147.7202629
- **Google Maps:** https://www.google.com/maps?q=64.8480754,-147.7202629

## Listing Agent

- **Name:** Melissa Richardson
- **Brokerage:** NextHome Arctic Sun
- **Phone:** 9073882175
- **Email:** MSRpropertiesAK@gmail.com

## Primary Photo

![269 Illinois Street - Primary Photo](http://lh.rdcpix.com/5b47b258858b583e5170795ebbb215d3l-f1655933416r.jpg)

*27 total photos available on [listing page](https://www.propertysimple.com/listing/269-illinois-street-fairbanks-ak-99701-e273285)*

---

**MLS#:** 158204 | **Updated:** 2026-04-23
**Source:** listhub

*Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/269-illinois-street-fairbanks-ak-99701-e273285)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "269 Illinois Street, Fairbanks, AK 99701",
  "description": "Exceptional opportunity in central Fairbanks! Located at the high-visibility intersection of Illinois Street and Phillips Field Road—one of the busiest thoroughfares in town with over 14,000 vehicles passing daily—this versatile commercial property offers a wide range of potential uses. Zoned Light Industrial and located within the Historic Overlay District, this 5,120 sq. ft. concrete block building sits on over half an acre (.62 acres) with two access points and ample paved parking (10+ spaces",
  "url": "https://www.propertysimple.com/listing/269-illinois-street-fairbanks-ak-99701-e273285",
  "image": "http://lh.rdcpix.com/5b47b258858b583e5170795ebbb215d3l-f1655933416r.jpg",
  "datePosted": "2026-04-23",
  "price": 625000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "269 Illinois Street",
    "addressLocality": "Fairbanks",
    "addressRegion": "AK",
    "postalCode": "99701",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 64.8480754,
    "longitude": -147.7202629
  },
  "numberOfBathroomsTotal": 2,
  "floorSize": {
    "@type": "QuantitativeValue",
    "value": 5120,
    "unitCode": "FTK"
  },
  "yearBuilt": 1950
}
```