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Description
Great opportunity for commercial or residential development in an unbeatable location, right next to a brand new 14,000sq ft medical clinic! This prime property is situated on a high traffic road, in close proximity to numerous chain retailers, financial institutions, and restaurants making it an ideal investment for developers. This versatile property offers endless possibilities for those seeking to create a thriving business area or a new residential space. With its convenient location it guarantees maximum exposure and easy accessibility, attracting a steady stream of potential customers or residents. Adjoining parcel is also available for sale.
Property Highlights
Property Type: Land - Farm
Total Acres: 9.12 Acres
Utilities: Electric to Site, Phone Connected, Sewer Connected, Water Connected
Zoning: R1-C
General Information
County: Knox
Listed By:
Rhoades Real Estate & Land Auc
Office: 309-647-8811
RMLSA
MLS ID: PA1243929
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0 E Carl Sandburg Drive, Galesburg, IL 61401.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $550,000 | $550,000 | $550,000 |
| Down Payment | $110,000 | $19,250 | $137,500 |
| Monthly Mortgage Amount | $2,603 | $3,152 | $3,343 |
| Taxes | $765 | $765 | $765 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $242 | $0 |
| Monthly Estimated Total | $3,528 | $4,319 | $4,268 |
About this area
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