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    260 N Broad St Galesburg, IL 61401

    For Sale
    $119,900

    Residential Income - Galesburg, IL

    Property size:
    2,936 SF
    Days on Market:
    19
    Last Refresh:
    Dec 13 at 12:06 am

    Property Features for 260 N Broad St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    99-10-455-011
    Size
    2,936 SF

    Utilities

    Heating system
    Baseboard

    Building Details

    Year built
    1920
    Number of units
    6
    Architectural style
    Other

    beycome brokerage realty LLC (804) 656-5007 [email protected]

    Listing agent Misael Chacon (804) 656-5007 License #471.021523

    Listing date Nov 25, 2025

    MLS# QC4269656 Listing URL

    Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Galesburg Residential Income Opportunity

    This residential income property in Galesburg, Illinois, features six units. Four of the six units are currently occupied by tenants. The remaining two units require completion. The property is located in a desirable area and is designed for low maintenance. The building has a total area of 2936 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Larry England Apartment Building

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Galesburg
    County
    Knox
    State
    Illinois
    Longitude
    -90.371446
    Latitude
    40.950568

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    FAQs

    What type of property is this?
    Apartment building - Six-unit residential income property with value-add potential in Galesburg.
    Where is this apartment building located?
    The property is located at 260 N Broad St Galesburg, IL.
    What is the asking price?
    The asking price for this property is $119,900.
    What are key features of this property?
    This property features: - Six-unit building with value-add potential.; - Four of six units are currently occupied with tenants.; - Potential for a high net return on investment.
    (804) 656-5007
    Request Owner's contact information
    260 N Broad St Galesburg, IL 61401
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    Galesburg, IL 61401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    260 N Broad St Galesburg, IL 61401
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