Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Carl Sandburg Dr Galesburg, IL 61401

    Sponsored
    For Sale
    $550,000

    Prime Location, High Traffic, 9.12 Acres

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 9.12-acre commercial parcel presents a remarkable investment opportunity in Galesburg, Illinois. Strategically located on E Carl Sandburg Drive, this property enjoys unparalleled visibility and accessibility due to its position on a high-traffic road. The site's proximity to a newly constructed 14,000 square foot medical clinic significantly enhances its value and potential. Furthermore, its location near numerous chain retailers, financial institutions, and restaurants ensures high foot traffic and strong consumer presence. This versatile land offers developers a unique chance to create a thriving commercial development or explore residential possibilities, capitalizing on the area's robust infrastructure and established commercial activity. The high visibility and convenient location guarantee maximum exposure and easy accessibility, attracting a steady stream of potential customers or residents. The property's size and prime location make it an ideal candidate for a variety of commercial ventures or a substantial residential project. An adjoining parcel is also available for purchase, presenting an opportunity to acquire an even larger footprint for development. This is a rare chance to secure a significant piece of land in a rapidly growing area.

    Property Features for Carl Sandburg Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    397,267 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Galesburg
    County
    Knox
    State
    Illinois
    Longitude
    -90.37085
    Latitude
    40.97651

    Nearby Similar for Sale

    • $119,900

      Galesburg Multifamily Investment Opportunity

      Six-unit multifamily property in Galesburg, Illinois, with value-add potential.
      260 N Broad St, Galesburg, IL 61401
      View Details
    • $10,850,000
      75,651 SF

      Galesburg Retail Center For Sale

      Retail center in primary corridor, renovated in 2018.
      1995 National Blvd, Galesburg, IL 61401
      View Details
    • $1,450,000
      14.03 Acres

      Galesburg Commercial Development Land

      High-traffic location, endless potential.
      2028 Seminary St, Galesburg, IL 61401
      View Details
    • $199,900
      40,374 SF

      Galesburg Commercial Building - Huge Potential

      Massive industrial space, endless possibilities.
      796 Pearl St, Galesburg, IL 61401
      View Details
    • $499,000
      12,000 SF

      Galesburg Commercial Building - Turnkey Ready

      12,000 sq ft Banquet Facility, 2.54 Acres
      571 North St, Galesburg, IL 61401
      View Details
    • $40,000
      2,832 SF

      Galesburg Commercial Building - Great Potential

      Versatile Commercial Space, 2832 sq ft, $40,000
      600 Holton St, Galesburg, IL 61401
      View Details
    • $2,400,000
      86,000 SF

      Galesburg Warehouse: 86,000 SF

      Spacious warehouse, prime location, recent upgrades.
      888 Lake Storey Rd, Galesburg, IL 61401
      View Details
    • $160,000
      8,000 SF

      Historic Galesburg Commercial Building

      8,000 sq ft, prime downtown location
      415-419 Main St, Galesburg, IL 61401
      View Details
    • $225,000
      1.55 Acres

      Galesburg Commercial Land Opportunity

      High-traffic, 1.5-acre lot, prime location.
      343 Home Blvd, Galesburg, IL 61401
      View Details
    • $195,000
      4,000 SF

      Galesburg Commercial Building - High Traffic

      4,000 sq ft, prime location, high visibility.
      1055 Henderson St, Galesburg, IL 61401
      View Details
    • $79,900
      986 SF

      Downtown Galesburg Commercial Building

      High-visibility corner lot, income-producing!
      127 Cherry St, Galesburg, IL 61401
      View Details
    • $150,000
      14,280 SF

      Downtown Galesburg Commercial Trio

      Three buildings, high-traffic location, strong tenants.
      102-108 Main St, Galesburg, IL 61401
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime Location, High Traffic, 9.12 Acres
    Where is this commercial real estate located?
    The property is located at Carl Sandburg Dr Galesburg, IL.
    What is the asking price?
    The asking price for this property is $550,000.
    Request Owner's contact information
    Carl Sandburg Dr Galesburg, IL 61401
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Carl Sandburg Dr
    Galesburg, IL 61401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Carl Sandburg Dr Galesburg, IL 61401
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.