Retail Building with Multiple
For Sale
Contact for pricing
Pending
227 E Main St, Galesburg, IL 61401
For sale retail building with active storefront units and a leased basement space.
Property Size10,600 SF
Days on Market121
Property Features for 227 E Main St
General Information
Standard status
Pending
Size
10,600 SF
Property subtype
Retail
Building Details
Tenancy
Multi
Listing Agency:
Cross Country Commercial Realty Inc.
Listed By:
George Gavalas · License #NY10311208861
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 7 at 1:09AM
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 Cross Country Commercial Realty Inc.
Investment Insights
Based on property information with market context.
This for-sale retail property includes multiple units across the street level and basement level. Unit 227 is leased to Wordsmith Books and contains 2,600 square feet with rent of $2,125; the lease ends 07/31/22. Unit 229 is vacant and offers 1,400 square feet. Unit 235 is leased to Jimmy Johns and contains 2,600 square feet with rent of $2,190; the lease ends 11/30/24.
In addition, the basement level is leased to RAES (Regional Alternative Educational Services) with 4,000 square feet and rent of $1,200.
The property is located at 227 E Main St, Galesburg, IL 61401.
In addition, the basement level is leased to RAES (Regional Alternative Educational Services) with 4,000 square feet and rent of $1,200.
The property is located at 227 E Main St, Galesburg, IL 61401.
Key Highlights
- Retail building with active storefront units plus a leased basement space
- Unit 227 (Wordsmith Books): 2,600 SF, rent $2,125 (lease ends 07/31/22)
- Unit 235 (Jimmy Johns): 2,600 SF, rent $2,190 (lease ends 11/30/24)
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,077
Businesses Nearby
42k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 62%
Shops & Services 38%
McDonald's
Dining
18,016 visits/mo
0.4 miles
Circle K
Shops & Services
10,078 visits/mo
0.1 miles
Hardee's
Dining
6,062 visits/mo
0.2 miles
Dollar General
Shops & Services
5,814 visits/mo
0.4 miles
SUBWAY
Dining
2,215 visits/mo
0.3 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
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Frequently Asked Questions
What type of property is this?
Retail space - For sale retail building with active storefront units and a leased basement space.
Where is this retail space located?
The property is located at 227 E Main St Galesburg, IL.
What are key features of this property?
This property features: Retail building with active storefront units plus a leased basement space; Unit 227 (Wordsmith Books): 2,600 SF, rent $2,125 (lease ends 07/31/22); Unit 235 (Jimmy Johns): 2,600 SF, rent $2,190 (lease ends 11/30/24)
