Building Details

Building Size 17,250 SF

Year Built 2000

Listing Agency: Maloof Commercial

Listed By: Madison Maloof · License #IL #475.180439 Show Phone

Source: Maloofcom

Added: Jun 25 Changed: Oct 4 Last Checked: Oct 14 at 10:00PM

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Investment Insights

Based on property information with market context.

This 17,250-square-foot flex building was constructed in 2000 and has been cleared of its prior fixtures. The property is configured for commercial operations and carries M1 zoning, supporting light industrial, retail, and storage uses as stated in the property information.

Located near downtown Galesburg, the facility offers access to the surrounding commercial area. Its prior use as a hardware store and warehouse provides context for the building’s adaptable flex-space character.

Key Highlights

• 17,250‑square‑foot flex and industrial building
• M1 zoning supports light industrial, retail, and storage uses
• Built in 2000

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Auto Parts Store Daycare Center Electrical Service (Bike/Boat/Book/etc) 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

932

Businesses Nearby

Under-served

Demand for This Use

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?

Flex space - Cleared commercial facility near downtown Galesburg with light industrial, retail, and storage use potential.

Where is this flex space located?

The property is located at 472 E Berrien St Galesburg, IL.

What is the asking price?

The asking price for this property is $450,000.

What are key features of this property?

This property features: 17,250‑square‑foot flex and industrial building; M1 zoning supports light industrial, retail, and storage uses; Built in 2000