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Old Armory Mixed-Use Property
For Sale
$350,000

149 N Broad Street, Galesburg, IL 61401

Partially leased building includes a fully operational kitchen and expansive open areas.

Property Size23,498 SF
Price / SF$14.89
Days on Market114

Property Features for 149 N Broad Street

General Information

Standard status Active
Size 23,498 SF
Property subtype Commercial
Zoning Commercial

Taxes and HOA fees

Annual Taxes $7,393

Amenities

fully operational kitchen

Building Details

Building Size 23,498 SF
Buildings 1
Listing Agency: CENTURY 21 Tucker Swanson
Listed By: Kori Jensen · License #471020928
Source: Craggsrealtors
Added: Apr 21 Changed: Aug 11 Last Checked: Aug 11 at 5:32AM

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 CENTURY 21 Tucker Swanson

Investment Insights

Based on property information with market context.

The Old Armory is a 23,498-square-foot mixed-use property at 149 N Broad Street in Galesburg, Illinois. Its interior includes expansive open areas that support a flexible commercial layout, along with a fully operational kitchen. The property is currently partially leased, and the kitchen is occupied under lease.

The building’s established identity as the Old Armory and its long-standing presence in Galesburg distinguish it from a conventional commercial property. Existing space can accommodate a range of commercial formats, including event, recreation, retail, office, or redevelopment uses, subject to applicable approvals and lease considerations.

Key Highlights

  • 23,498‑square‑foot mixed‑use property at 149 N Broad Street
  • Currently partially leased
  • Fully operational kitchen is leased

Property Analytics

Current Use

Illinois National Guard ... Tour Operator Firmitas Timber Construction Company Veterans Affairs Department Veterans Affairs Department Community Hygiene Pantry Association Or Organization

Suggested Use

Top Pick Real Estate Agency Dental Office Auto Parts Store Auto Repair Shop Big Box & Wholesale Store Building Supply

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

325
Businesses Nearby

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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Partially leased building includes a fully operational kitchen and expansive open areas.
Where is this mixed-use property located?
The property is located at 149 N Broad Street Galesburg, IL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 23,498‑square‑foot mixed‑use property at 149 N Broad Street; Currently partially leased; Fully operational kitchen is leased
More about this property
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