Listing Agency: Marcus & Millichap - Chicago Downtown c***@marcusmillichap.com Show Phone

Listed By: Tyler Sharp · License #IL 177869

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 7:33PM

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Investment Insights

Based on property information with market context.

This industrial portfolio is offered for sale and includes 38,380 square feet of property. The offering is identified with a 10.39% CAP and is located at 1861 S. Henderson St. in Galesburg, Illinois. The property carries the Armour Eckrich Meats portfolio designation.

Key Highlights

• 38,380 SF of industrial property
• 10.39% CAP
• Located at 1861 S. Henderson St., Galesburg, IL 61401

Property Analytics

Property Profile

Current Use

Sitka Seafood Market Corporate Office Smithfield Packaged Meats Discount Store

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Garden Center Kitchen & Bath Showroom Building Supply Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

43

Businesses Nearby

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 Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Industrial property - Industrial portfolio sale featuring substantial building area in Galesburg.

Where is this industrial property located?

The property is located at 1861 S Henderson St Galesburg, IL.

What are key features of this property?

This property features: 38,380 SF of industrial property; 10.39% CAP; Located at 1861 S. Henderson St., Galesburg, IL 61401