503 Knox Square Drive,Galesburg, IL 61401
Galesburg, IL 61401
Description
Fully occupied retail investment opportunity located at 503 Knox Square Dr in Galesburg, IL, Seminary Square Commercial development. This stabilized strip center offers strong in-place income with a projected 2026 NOI of $354,020.32. Tenant mix includes World Finance, VIP Nails, Armed Forces Career Center, OneMain Financial, Verizon, Great Clips, State Farm, ImpactLife, and Sun Loan, providing diversified income across financial services, personal services, national/regional users, and service-based retail. The property is strategically positioned in a dominant retail corridor near Walmart Supercenter, Aldi, Menards, and immediate access to I-74 / US-34 / Kansas City-Chicago Expressway. 2025 tax rate is not available as of the listing date. Estimated 2026 taxes: $91,416.27.
Details
| MLS # | 12633175 |
|---|---|
| Listing Type | For Sale |
| Style | Retail/stores |
| Sub-Type | Resale |
| Status | Active |
| Year | 2017 |
| Days On Site | 143 |
| Listing Provided By | NAI Ruhl Commercial Company | Shawn Langan |
Features
| SQ Feet | 18,120 |
|---|
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 0 |
Area Information
| State | IL |
|---|---|
| County | Knox |
| City | Galesburg |
| Zip Code | 61401 |
| Area | Galesburg |
| Listing VS Median (in 61401) | |
Price: $5,900,000 low | high Med: $144,200 sqft: 18,120 low | high Med: 1,390 $ / sqft: $326 low | high Med: $115 On site: 143 low | high Med: 39.5 | |
Market Activity 61401
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Learn More About This Property
| State | IL |
|---|---|
| County | Knox |
| City | Galesburg |
| Zip Code | 61401 |
| Area | Galesburg |
| Listing VS Median (in 61401) | |
Price: $5,900,000 low | high Med: $144,200 sqft: 18,120 low | high Med: 1,390 $ / sqft: $326 low | high Med: $115 On site: 143 low | high Med: 39.5 | |