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Property profile & analytics

2028 Seminary St Galesburg, IL 61401

  • Commercial land
  • 36.50 lot acres
Value Estimation
Last Sale
Jan 04, 2023
$5,175,000
Location Intelligence
Property ID
US28-4465038
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Graham Medical Group Center for Ambulatory Care / Medical Office

Property Details for 2028 Seminary St

Lot size
36.50 lot acres
Property type
Commercial land
APN
99-03-226-008
APU
9903226008

Description

This exceptional 14.03-acre commercial property at 2028 N Seminary Street in Galesburg, Illinois, presents a remarkable investment opportunity. Located on a high-traffic road, this land boasts unparalleled visibility and accessibility, ensuring maximum exposure for any development. Its strategic position directly adjacent to a newly constructed 14,000 square foot medical clinic guarantees a steady flow of potential customers and residents. The property's proximity to numerous chain retailers, financial institutions, and restaurants further enhances its desirability and potential for success. This versatile parcel offers endless possibilities for developers seeking to create a thriving commercial center or a new residential community. The high volume of traffic and convenient location guarantee a steady stream of potential customers or residents, making this an ideal site for a variety of commercial ventures or residential projects. The property's size and location make it an attractive investment for those seeking to capitalize on the growing demand for commercial and residential space in Galesburg. An adjoining parcel is also available for purchase, offering the potential for even larger-scale development. This is a rare opportunity to acquire a prime piece of real estate in a rapidly developing area. The asking price is $1,450,000.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Galesburg
County
Knox
State
Illinois
Longitude
-90.3665
Latitude
40.9742
CBSA code
23660
CBSA name
GALESBURG, IL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,015
$21,230
$0.00
$21,230
-
$63,690
$0.00
$63,690
More about this property
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