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Galesburg Restaurant Opportunity
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1160 W MAIN Street, Galesburg, IL 61401

Turnkey restaurant ready for new owner in Galesburg, IL.

Property SizeContact for details
Days on Market167

Property Features for 1160 W MAIN Street

General Information

Standard status Active
Property subtype Retail
Zoning Commercial
Listing Agency: Century 21 Tucker Swanson
Listed By: Dena Turner · License #IL
Source: Crexi
Added: Mar 6 Changed: Aug 8 Last Checked: Aug 18 at 1:29PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Tucker Swanson

Investment Insights

Based on property information with market context.

Gray’s Sandwich Shop is a local restaurant opportunity in Galesburg, Illinois. This turnkey restaurant comes fully equipped, allowing for immediate operation. The interior features updated clean white paint, creating a bright and inviting space. The property is located at 1160 W MAIN Street, Galesburg, IL 61401.

Key Highlights

  • Turnkey sandwich shop opportunity with all equipment included.
  • Freshly updated interior with clean white paint.
  • Long‑standing, locally known business.

Property Analytics

Current Use

Gray's Sandwich Shop Take-out & Catering

Suggested Use

Top Pick Real Estate Agency Dental Office Auto Parts Store Furniture & Home Goods HVAC Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

379
Businesses Nearby
57k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 55% Shops & Services 45%
McDonald's Dining
18,016 visits/mo 0.1 miles
Circle K Shops & Services
10,078 visits/mo 0.3 miles
Phillips 66 Shops & Services
9,651 visits/mo 0.4 miles
Hardee's Dining
6,062 visits/mo 0.2 miles
Dollar General Shops & Services
5,814 visits/mo 0.1 miles

Demographics for 61401, IL

31,169
Population
15,449
Households
2
Avg Household Size
43
Median Age
21%
College-Educated
89%
High-School Grad
122.9 sq mi
ZIP Area
254
Density / Sq Mi
$47,728
Median Household Income
$30,501
Median Earnings
$724
Median Rent
$94,900
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey restaurant ready for new owner in Galesburg, IL.
Where is this conventional restaurant located?
The property is located at 1160 W MAIN Street Galesburg, IL.
What is the asking price?
The asking price for this property is $65,000.
What are key features of this property?
This property features: Turnkey sandwich shop opportunity with all equipment included.; Freshly updated interior with clean white paint.; Long‑standing, locally known business.
(309) 335-4454 Call to check price and availability
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