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1316 E Knox Street Galesburg, IL 61401 Commercial - Business Active

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Description

Don't miss out on this 10-unit building featuring a mix of one and two bedroom units. With plenty of value-add opportunities, this property offers significant upside potential. PLEASE: Do not disturb tenants. Interior inspections are available after an accepted offer.

Property Highlights

Property Type: Commercial - Business
Building Description: 3.0 stories
Available Sqft: 9000

General Information

County: Knox
Listed By:
Keller Williams Revolution. Cell: 309-216-0357
RMLSA
$349,999
Est. $2,223/mo
Active
SQUARE FEET9,000 MLS#PA1256760
STATUSActive PROPERTY TYPECommercial - Business

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1316 E Knox Street, Galesburg, IL 61401.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $349,999$349,999$349,999
Down Payment $70,000$12,250$87,500
Monthly Mortgage Amount $1,634$2,006$2,127
Taxes $487$487$487
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$154$0
Monthly Estimated Total $2,223$2,749$2,716

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About this area

Illinois/Galesburg
Galesburg

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About Galesburg

Galesburg, IL—home of the Railroad Days Festival and known for its rich American history—is a leisurely town with a population of about 29,000 (2024). The town integrates the celebration of its history into its future with its family-friendly festivals and historical gatherings. Events like the annual Railroad Days show reverence for the community’s past and a dedication to its continued vibrance. Many of the buildings in Galesburg are both on the historic registry and are currently in use. Galesburg has a thriving downtown area with unique restaurants and plenty of historic places to visit. The town also has cultivated a vibrant arts scene resulting in a bustling downtown.

If you are ready to start your home buying or selling journey, browse the latest real estate listings in Galesburg, IL. You can also contact us—we are here to help!

Nearest Ruhl & Ruhl Office: Burlington, IA
403 South Gear Avenue
Suite 105
West Burlington, IA 52655
(563) 441-1776

About this community

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