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    1727 Henderson St Galesburg, IL 61401

    Sponsored
    For Lease
    $16 SF/Yr ($6,196 /Mo)

    Prime Galesburg location, high traffic, ample parking.

    Lot size:
    4,647 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional restaurant property, formerly Happy Joe's Pizza, presents a unique opportunity for lease in the thriving Galesburg, Illinois market. Located at 1727 N Henderson St, this single-tenant building boasts 4,647 square feet of space situated on a 1.053-acre lot (46,869 square feet). The property benefits from a highly visible location on a busy retail corridor, ensuring excellent exposure to potential customers. The B-2 zoning allows for a variety of commercial uses. Ample parking is available with over 75 spaces, catering to both staff and patrons. The property also features ADA accessibility, enhancing its appeal and inclusivity. Further enhancing visibility is the inclusion of pylon signage. The property's APN is 99-03-301-002. Annual property taxes are $35,000. This well-situated restaurant space offers a turnkey solution for a variety of food service businesses seeking a prime location in Galesburg. The high traffic counts and convenient amenities make this an exceptional opportunity for a successful venture. Serious inquiries are encouraged.

    Property Features for 1727 Henderson St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,647 SF
    Total Rate
    6196

    Unit(s) available at that property

    Space
    Size
    4,647 SF
    Rate per SF
    $16

    HighLights

    • 4,647 SF single‑tenant restaurant building on a 1.053‑acre lot in Galesburg, IL.
    • Located on a high‑traffic retail corridor with excellent visibility.
    • B‑2 zoning allows for diverse commercial uses.
    • Over 75 parking spaces and ADA accessibility.
    • Pylon signage included.
    • APN: 99‑03‑301‑002; Annual property taxes: $35,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Happy Joe's Pizza ... Caterer

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Galesburg
    County
    Knox
    State
    Illinois
    Longitude
    -90.3825236
    Latitude
    40.9689796

    Nearby Comparable

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    Nearby Similar for Lease

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    • $15 SF/Yr
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      Retail Space Available For Lease

      Former Shoe Sensation endcap space available for lease.
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      Office Space Available For Rent

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    FAQs

    What type of property is this?
    Restaurant - Prime Galesburg location, high traffic, ample parking.
    Where is this restaurant located?
    The property is located at 1727 Henderson St Galesburg, IL.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 4,647 SF single-tenant restaurant building on a 1.053-acre lot in Galesburg, IL.; Located on a high-traffic retail corridor with excellent visibility.; B-2 zoning allows for diverse commercial uses.
    Request Owner's contact information
    1727 Henderson St Galesburg, IL 61401
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    Galesburg, IL 61401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1727 Henderson St Galesburg, IL 61401
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