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Renovated Restaurant with Loft Seating
For Sale
Contact for pricing
Pending

51 N Prairie St., Galesburg, IL 61401

Downtown restaurant with open dining, bar service, loft seating, and a fully equipped kitchen.

Property Size5,000 SF
Days on Market143

Property Features for 51 N Prairie St.

General Information

Standard status Pending
Size 5,000 SF
Property subtype Land, Retail

Additional Details

Equipment Included Yes

Building Details

Year Renovated 2018
Buildings 1
Listing Agency: Century 21 Tucker Swanson
Listed By: Kori Jensen · License #471020928
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 1:57AM

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.

Located at 51 N. Prairie St. in downtown Galesburg, this 5,000-square-foot restaurant includes an expansive dining room, a 17-foot bar, elevated loft seating, and a fully equipped kitchen. The property was renovated in 2018 and is configured for restaurant operations with multiple customer-facing areas.

A lower-level dining area and secondary bar top provide additional space that could be leased separately as another establishment. The building also includes a large attic that may be finished for additional space. Equipment identified for conveyance at closing is included in the transaction materials.

Key Highlights

  • 5,000‑square‑foot restaurant in downtown Galesburg
  • Renovated in 2018
  • Large open dining area with loft seating overlooking the main room

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Dental Office Garden Center Daycare Center (Bike/Boat/Book/etc) Store 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

1,180
Businesses Nearby
10k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Circle K Shops & Services
10,078 visits/mo 0.5 miles

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 Retail in Midwest region

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

What type of property is this?
Conventional restaurant - Downtown restaurant with open dining, bar service, loft seating, and a fully equipped kitchen.
Where is this conventional restaurant located?
The property is located at 51 N Prairie St. Galesburg, IL.
What are key features of this property?
This property features: 5,000‑square‑foot restaurant in downtown Galesburg; Renovated in 2018; Large open dining area with loft seating overlooking the main room
(309) 620-6428 Call to check price and availability
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