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Multi-Use Industrial Flex Building
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1438 Knox Hwy 9, Galesburg, IL 61401

Flexible commercial/industrial building with retail, office, and open space plus partial second-floor office/loft area.

Property Size4,882 SF
Price / SF$40.76
Days on Market177

Property Features for 1438 Knox Hwy 9

General Information

Standard status Active
Size 4,882 SF
Property subtype Industrial
Zoning M
Investment Type Value Add

Building Details

Year Built 2015
Stories 2
Listing Agency: NAI Ruhl Commercial Company
Listed By: Carrie Lamb · License #475207758
Source: Crexi
Added: May 6 Changed: Oct 26 Last Checked: Oct 28 at 8:36AM

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 NAI Ruhl Commercial Company

Rey
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Investment Insights

Based on property information with market context.

Approx. 4,800–4,900 SF multi-use commercial/industrial building with a flexible interior layout combining retail, office, and open space configurations. A partial second-floor office/loft area is included, supporting a mix of work and customer-facing use within the same structure. The property is being sold in as-is condition.

The building is zoned M – Restricted Industrial, allowing for a variety of uses, and it will be sold with designated land area, though the parcel details are to be determined.

At this size and configuration, the property is well-suited to tenants or owners looking for a single site that can accommodate multiple functional areas under one roof.

Key Highlights

  • Multi‑use commercial/industrial building built in 2015
  • Approx. 4,800–4,900 SF flexible space with retail, office, and open space configurations
  • Includes partial second‑floor office/loft area

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Exit 51 Storage Storage Facility

Suggested Use

Top Pick Grocery & Convenience Store Auto Repair Shop Big Box & Wholesale Store Garden Center Parking Lot & Garage Acupuncture

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

36
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Flexible commercial/industrial building with retail, office, and open space plus partial second-floor office/loft area.
Where is this flex space located?
The property is located at 1438 Knox Hwy 9 Galesburg, IL.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Multi‑use commercial/industrial building built in 2015; Approx. 4,800–4,900 SF flexible space with retail, office, and open space configurations; Includes partial second‑floor office/loft area
(815) 716-0264 Call to check price and availability
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