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    187 Losey St Galesburg, IL 61401

    Sponsored
    For Lease
    Contact for pricing

    5,021 SF Retail Space - High Visibility

    Lot size:
    5,021 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 5,021 square foot retail storefront at 187 West Losey Street in Galesburg, Illinois, presents a remarkable leasing opportunity. Located on a 0.644-acre lot, this single-tenant property boasts a highly visible street presence, ensuring significant foot traffic for your business. Ample parking is available for customer convenience, enhancing the overall shopping experience. The modern architectural design and well-maintained exterior create an inviting and professional atmosphere, attracting potential customers. The interior space is versatile and adaptable, allowing for customization to suit a wide range of retail businesses. Abundant natural light streams through expansive windows, creating a bright and welcoming environment. This property is ideal for businesses seeking a prominent location in a thriving Galesburg community. The entire 5,021 square feet is currently vacant, providing immediate occupancy for your retail venture. Its prime location and flexible layout make it an exceptional opportunity to establish or expand your retail presence in the heart of Galesburg, Illinois, zip code 61401. The property's high visibility and ample parking will contribute to the success of your business.

    Property Features for 187 Losey St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,021 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    5,021 SF

    HighLights

    • High‑visibility street frontage.
    • Ample customer parking.
    • Versatile retail space suitable for diverse businesses.
    • Flexible modular layout for efficient customization.
    • Excellent opportunity for retail establishment or expansion.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Galesburg
    County
    Knox
    State
    Illinois
    Longitude
    -90.3737688
    Latitude
    40.9551265

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Retail property - 5,021 SF Retail Space - High Visibility
    Where is this retail property located?
    The property is located at 187 Losey St Galesburg, IL.
    What are key features of this property?
    This property features: High-visibility street frontage.; Ample customer parking.; Versatile retail space suitable for diverse businesses.
    Request Owner's contact information
    187 Losey 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
    187 Losey St Galesburg, IL 61401
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