Building Details

Building Size 3,480 SF

Year Built 1919

Buildings 1

Stories 2

Listing Agency: Mel Foster Co. Kewanee d***@melfosterco.com Show Phone

Listed By: Debra Wright · License #475129991 Show Phone

Source: Cavanaghrealty

Added: Aug 6 Changed: Aug 18 Last Checked: Aug 20 at 1:57PM

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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 Mel Foster Co. Kewanee

Investment Insights

Based on property information with market context.

Built in 1919, this downtown Galva property combines a ground-floor commercial area with unfinished residential space above. The main level includes an open retail floor, rear storage, an office, and loft storage. An updated handicap-accessible bathroom serves the commercial portion of the building.

The second floor contains two apartment layouts that are ready for completion: a studio and a one-bedroom unit. The property is located at 120 Exchange Street in downtown Galva, with a storefront oriented toward the surrounding commercial activity. Its existing configuration brings together retail, office, storage, and residential components within one building.

Key Highlights

• Mixed‑use building at 120 Exchange Street in downtown Galva
• Main level has open retail area, rear storage, office, and loft space
• Updated handicap‑accessible bathroom

Property Analytics

Property Profile

Current Use

Scott J. Caravello, ... Pharmacy Galva Pharmacy Pharmacy

Suggested Use

Top Pick Real Estate Agency Building Supply Hair Salon Restaurant Spa & Massage Center Big Box & Wholesale 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.

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

231

Businesses Nearby

Explore this area Business Placement

Demographics for 61434, IL

3,058

Population

1,439

Households

2.1

Avg Household Size

44

Median Age

25%

College-Educated

94%

High-School Grad

78.7 sq mi

ZIP Area

39

Density / Sq Mi

$61,085

Median Household Income

$38,242

Median Earnings

$777

Median Rent

$87,400

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Includes open retail space, office, storage, and two unfinished apartment layouts.

Where is this mixed-use property located?

The property is located at 120 Exchange Street Galva, IL.

What is the asking price?

The asking price for this property is $49,900.

What are key features of this property?

This property features: Mixed‑use building at 120 Exchange Street in downtown Galva; Main level has open retail area, rear storage, office, and loft space; Updated handicap‑accessible bathroom