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102-108 Main St Galesburg, IL 61401

Sponsored
For Sale
$150,000

Three buildings, high-traffic location, strong tenants.

Property size:
14,280 SF

Description

Added:
Feb 3, 2025
Days on Market:
340
This exceptional investment opportunity presents three adjacent commercial buildings totaling 14,280 square feet, ideally situated at 102-108 E Main Street in Galesburg, Illinois' vibrant downtown business district. The property boasts a prime location on the corner of E. Main Street and S. Cherry Street, ensuring high visibility and foot traffic. The buildings offer 4,760 square feet of street-level retail and office space, currently occupied by long-term tenants with established businesses, providing immediate and consistent cash flow. Each building is individually attractive: 102 E. Main Street comprises 1,680 square feet, while 106 and 108 E. Main Street each offer 1,540 square feet. All three buildings received new roofs in 2018/2019. The property sits on a 0.11-acre lot and is zoned B-3 Commercial Central Business. This presents a unique opportunity to acquire a well-maintained, income-producing portfolio in a historic downtown setting. Individual building purchases are also possible, with 102 E. Main Street priced at $75,000, and 106 and 108 E. Main Street each priced at $50,000. This is a rare chance to own a piece of Galesburg's rich history and secure a strong return on investment.

Property Features for 102-108 Main St

General Information

Property type
Other commercial real estate
Square Feet
14,280 SF
Lot Size
4,792 SF

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

Location Insight

  • Map
  • Local Demand
City
Galesburg
County
Knox
State
Illinois
Longitude
-90.3694
Latitude
40.94721

FAQs

What type of property is this?
Commercial real estate - Three buildings, high-traffic location, strong tenants.
Where is this commercial real estate located?
The property is located at 102-108 Main St Galesburg, IL.
What is the asking price?
The asking price for this property is $150,000.
More about this property
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