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Retail Space in Galesburg, IL
For Lease
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187 W Losey St., Galesburg, IL 61401

Retail space available in a vibrant downtown Galesburg location.

Space Size1,500 SF - 5,021 SF
Days on Market213

Property Features for 187 W Losey St.

General Information

Standard status Active
Size 1,500 SF - 5,021 SF
Property subtype Retail - Strip

Building Details

Building Size 5,021 SF
Units 1

Spaces For Lease

at 187 W Losey St.
187 W. Losey St. Immediate
Size 1,500-5,021 SF
Type Retail
Rate Contact for pricing
Lease Type NNN
Sublease No
Renewal Option Yes
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Listing Agency: Legacy Commercial Property
Listed By: Mike Kohne
Source: Commercialcafe
Added: Mar 26 Changed: Oct 9 Last Checked: Oct 24 at 1:40PM

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 Legacy Commercial Property

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Investment Insights

Based on property information with market context.

Located near 187 W. Losey St. in Galesburg, IL, this retail space is suitable for Retail/Strip Center tenants. The property benefits from its proximity to downtown Galesburg, which features shops, eateries, and cultural attractions. Nearby landmarks such as the Galesburg Railroad Museum and the Galesburg Historic Society attract visitors and contribute to the area's character. The location, situated among residential neighborhoods and commercial hotspots, provides a steady flow of potential customers, making it suitable for retail businesses.

Key Highlights

  • Prime location near 187 W. Losey St. ideal for Retail/Strip Center tenants.
  • Vibrant downtown area with shops, eateries, and cultural attractions.
  • Close proximity to Galesburg Railroad Museum and Galesburg Historic Society.

Property Analytics

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Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Locksmith Garden Center Florist Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,158
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

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

Frequently Asked Questions

What type of property is this?
Retail space - Retail space available in a vibrant downtown Galesburg location.
Where is this retail space located?
The property is located at 187 W Losey St. Galesburg, IL.
What are key features of this property?
This property features: Prime location near 187 W. Losey St. ideal for Retail/Strip Center tenants.; Vibrant downtown area with shops, eateries, and cultural attractions.; Close proximity to Galesburg Railroad Museum and Galesburg Historic Society.
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