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Description
Unlock the potential of this prime commercial property ready for your next business venture! Set on 1.7 acres, spanning over 73,000 square feet, this property has been cleared and improved with 10,000 tons of new gravel offering a durable, versatile surface ready for its next chapter. The property boasts a solid freshly painted concrete block building with approximately 6,000 square feet of functional interior space, equipped with two 14-foot roll up doors, accessible with a new 10-inch concrete approach, and a new skylight offering lots of natural light. Whether you're envisioning auto/boat/RV storage, a contractor's office with secure yard, a trailer repair & service center, or a general storage facility, this property offers exceptional flexibility. Zoned M-1 (light industrial), the property supports all these possibilities and much more. See attached document for full list. With ample fenced outdoor space and a versatile building, this property provides room to grow and adapt for a variety of commercial operations. City water, sewer and natural gas all ran to the building and ready to be hooked up if you so choose. Call today!
Property Highlights
Property Type: Commercial - Industrial
Building Description: 1.0 stories
Available Sqft: 6000
Year Built: 1966
Lot Size: 1.70 acres
General Information
County: Knox
Listed By:
Platinum Key Real Estate, LLC
Office: 309-343-1186
RMLSA
MLS ID: CA1040949
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151 W Ferris Street, 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
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West Burlington, IA 52655
(563) 441-1776