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    513 N Henderson St Galesburg, IL 61401

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    For Sale
    $100,000

    Vacant commercial lot with high visibility in Galesburg, Illinois.

    Lot size:
    0.58 Acres

    Property Features for 513 N Henderson St

    General Information

    Lot size
    0.58 Acres
    Source: Svn

    Listing Agent: Carrie Tinucci-Troll

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Vacant Lot on Henderson Street

    This vacant lot is located along Henderson Street in Galesburg, Illinois, situated between Interstate 74 and US-34, minutes from the downtown Galesburg business district. The property is a few blocks north of Main Street, between West Grove and West Losey Streets. The lot benefits from high visibility along Henderson Street and exposure to college student traffic. The site is being sold with some restrictions in place.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Galesburg Insurance Insurance Agency Rebecca Clark Agency Insurance Agency

    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
    -90.3829807
    Latitude
    40.9535532

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    FAQs

    What type of property is this?
    Land - Vacant commercial lot with high visibility in Galesburg, Illinois.
    Where is this land located?
    The property is located at 513 N Henderson St Galesburg, IL.
    What is the asking price?
    The asking price for this property is $100,000.
    What are key features of this property?
    This property features: - Vacant lot offering development opportunity.; - Great visibility along Henderson Street.; - Located between Interstate 74 and US-34.
    (331) 452-6860
    Request Owner's contact information
    513 N Henderson 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
    513 N Henderson St Galesburg, IL 61401
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