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Occupied Duplex with Mixed Unit Layout
For Sale
Contact for pricing

853 N Cedar Street, Galesburg, IL 61401

Both residences have month-to-month leases and established tenants in place.

Property SizeContact for details
Days on Market43

Property Features for 853 N Cedar Street

General Information

Standard status Active
Property subtype Residential Income
Occupancy 100%

Taxes and HOA fees

Annual Taxes $1,231

Building Details

Year Built 1888
Tenancy Multi
Listing Agency: EJC REAL ESTATE SERVICES
Listed By: Krystal Hudson
Source: Birdrealtysells
Added: Jun 30 Changed: Aug 3 Last Checked: Aug 11 at 2:22PM

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 EJC REAL ESTATE SERVICES

Investment Insights

Based on property information with market context.

This two-unit residential property includes a two-bedroom, one-bath residence and a studio with one bathroom. The building dates to 1888 and is offered in its current as-is condition.

Both units are occupied under month-to-month lease arrangements, with long-term tenants already residing at the property. The duplex is located at 853 N Cedar Street in Galesburg, Illinois.

Key Highlights

  • Two‑unit property with a two‑bedroom/1‑bath residence and a studio/1‑bath unit
  • Both units are occupied by long‑term tenants
  • Month‑to‑month lease arrangements for both residences

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Garden Center Real Estate Agency Pharmacy (Bike/Boat/Book/etc) Store Carpet & Flooring 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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

759
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences have month-to-month leases and established tenants in place.
Where is this duplex located?
The property is located at 853 N Cedar Street Galesburg, IL.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Two‑unit property with a two‑bedroom/1‑bath residence and a studio/1‑bath unit; Both units are occupied by long‑term tenants; Month‑to‑month lease arrangements for both residences
More about this property
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