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Two-Unit Mixed-Use Commercial Building
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1980 National Boulevard, Galesburg, IL 61401

Configured with a credit-union unit, general office space, and a concrete parking lot.

Property Size4,500 SF
Lot Size0.73 Acres
Price / SF$154.44
Days on Market8

Property Features for 1980 National Boulevard

General Information

Standard status Active
Size 4,500 SF
Lot size 0.73 Acres
Property subtype Retail, Office

Additional Details

Road Access Yes
Office Units 2

Building Details

Buildings 1
Building Size 4,500 SF
Construction concrete block
Tenancy Multi
Listing Agency: Dahl Real Estate Co
Listed By: Jerry Dahl · License #Il 471002060
Source: Crexi
Added: Sep 15 Changed: Sep 18 Last Checked: Sep 21 at 4:26AM

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 Dahl Real Estate Co

Investment Insights

Based on property information with market context.

This two-unit mixed-use property combines a purpose-designed credit union space with a separate general office unit. Improvements include a 4,500 square foot concrete block building and a substantial concrete parking lot on a 31,799-square-foot site.

The property sits on the east side of heavily trafficked N. Henderson Street within a high-density commercial area containing similar establishments. Edward Jones occupies 1,200 square feet under a lease scheduled to expire in September 2027, with an additional five-year extension available.

Key Highlights

  • Two‑unit configuration with credit‑union and general office spaces
  • 4,500 square foot concrete block building
  • 31,799‑square‑foot site area

Property Analytics

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Current Use

Edward Jones - Financial ... Financial Advisor Connexus Credit Union Credit Union

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Repair Shop Building Supply HVAC Service Big Box & Wholesale 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.

Lease Details

2
Office units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

393
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 Office in Midwest region

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

What type of property is this?
Mixed-use property - Configured with a credit-union unit, general office space, and a concrete parking lot.
Where is this mixed-use property located?
The property is located at 1980 National Boulevard Galesburg, IL.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Two‑unit configuration with credit‑union and general office spaces; 4,500 square foot concrete block building; 31,799‑square‑foot site area
More about this property
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