Mall Redevelopment Land
For Sale
Contact for pricing
Pending
1150 W Carl Sandburg Dr, Galesburg, IL 61401
Redevelopment opportunity featuring mall building reuse options and additional land around the property in Galesburg, Illinois.
Days on Market111
Property Features for 1150 W Carl Sandburg Dr
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Highway Access
Yes
Listing Agency:
Colonial Commercial Real Estate LLC
(817) 632-6200
Listed By:
Michael Berkowitz · License #9001810
Source:
Crexi
Added: Apr 12
Changed: Jul 20
Last Checked: Jul 30 at 8:35AM
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 Colonial Commercial Real Estate LLC
Investment Insights
Based on property information with market context.
This redevelopment project includes opportunities to reuse large building area and additional land available around the mall for redevelopment uses. The offering is positioned as a flexible land-and-improvements package intended for future site reuse.
The property is located in Galesburg, Illinois, in Knox County, approximately four miles west of Interstate 74. Galesburg is described as a nationally registered historic district, and the city is noted for multiple historic sites and designated local historic landmarks.
According to the provided remarks, Galesburg is supported by major employers including BNSF Railway, OSF St. Mary’s Medical Center, and HyVee Food Stores, among others. The remarks also note that the community is served by Amtrak and has extensive rail activity.
The property is located in Galesburg, Illinois, in Knox County, approximately four miles west of Interstate 74. Galesburg is described as a nationally registered historic district, and the city is noted for multiple historic sites and designated local historic landmarks.
According to the provided remarks, Galesburg is supported by major employers including BNSF Railway, OSF St. Mary’s Medical Center, and HyVee Food Stores, among others. The remarks also note that the community is served by Amtrak and has extensive rail activity.
Key Highlights
- Redevelopment project with mall building reuse options and additional land around the property
- Located in Galesburg, Illinois (Knox County), approximately 4 miles west of Interstate 74
- Estimated 2016 population within a 5‑mile radius: 33,885
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
333
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Shopping center - Redevelopment opportunity featuring mall building reuse options and additional land around the property in Galesburg, Illinois.
Where is this shopping center located?
The property is located at 1150 W Carl Sandburg Dr Galesburg, IL.
What are key features of this property?
This property features: Redevelopment project with mall building reuse options and additional land around the property; Located in Galesburg, Illinois (Knox County), approximately 4 miles west of Interstate 74; Estimated 2016 population within a 5‑mile radius: 33,885
