Historic Downtown Redevelopment
For Sale
$675,000
40 E Simmons Street, Galesburg, IL 61401
Former Galesburg Public Library offers an open upstairs level and partial basement, with rooftop HVAC units installed in 2020.
Property SizeContact for details
Days on Market48
Property Features for 40 E Simmons Street
General Information
Standard status
Active
Total Parking Spaces
10
Property subtype
Commercial
Zoning
B-3
Building Details
Year Built
1961
Construction
brick and slate
Listing Agency:
CENTURY 21 Tucker Swanson
Listed By:
Kori Jensen (kori@kjbroker.com)
Source:
Curveyrealestate
Added: Jul 20
Changed: Aug 15
Last Checked: Sep 5 at 8:27AM
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.
Formerly the Galesburg Public Library, this historic downtown building at 40 E. Simmons St. features a brick and slate exterior and has been fully emptied, making it ready for redevelopment. The layout includes a large, open upstairs level suited for a variety of commercial concepts, along with a partial basement for storage and back-of-house needs.
The property is located in the Central Business District and is supported by B-3 zoning, which allows a wide range of commercial uses. The building sits amid restaurants, shops, services, public parking, and civic anchors, and is described as being one block from Main Street.
Recent rooftop HVAC units were installed in 2020, providing a systems update to support a redevelopment plan.
The property is located in the Central Business District and is supported by B-3 zoning, which allows a wide range of commercial uses. The building sits amid restaurants, shops, services, public parking, and civic anchors, and is described as being one block from Main Street.
Recent rooftop HVAC units were installed in 2020, providing a systems update to support a redevelopment plan.
Key Highlights
- Former Galesburg Public Library (1961) at 40 E. Simmons St in the Central Business District.
- Brick and slate exterior with a large open upstairs level suitable for commercial redevelopment concepts.
- Partial basement for storage and back‑of‑house needs.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,033
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 Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Former Galesburg Public Library offers an open upstairs level and partial basement, with rooftop HVAC units installed in 2020.
Where is this office building located?
The property is located at 40 E Simmons Street Galesburg, IL.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Former Galesburg Public Library (1961) at 40 E. Simmons St in the Central Business District.; Brick and slate exterior with a large open upstairs level suitable for commercial redevelopment concepts.; Partial basement for storage and back‑of‑house needs.
