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    Galesburg, IL
    Multifamily

    Galesburg, IL Multifamily Properties for Sale

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    Carbondale, IL Knoxville, IL Wataga, IL Gilson, IL Abingdon, IL Dahinda, IL Alexis, IL Monmouth, IL
    Duplex with Private In-Unit Laundry
    Updated: Jul 26
    Duplex with Private In-Unit Laundry

    752 N Cherry St, Galesburg, IL 61401

    $95,000
    3,401 sqft
    Main floor unit: 1,713 SF with 3 bedrooms; laundry in one bedroom
    Upstairs unit: 1,688 SF with 2 bedrooms (potential for 3rd); laundry in bathroom
    Private laundry for each level plus separate utilities
    Roof and two furnaces replaced within last 5 years; new leaf guard gutters
    Asphalt roof, wood siding, forced‑air natural gas heat, public water
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    Three-Unit Triplex with Porches
    Updated: Oct 30, 2025
    Three-Unit Triplex with Porches

    529 N Kellogg Street, Galesburg, IL 61401

    $163,900
    Three‑unit triplex with two bedrooms in each residence
    Built in 1886
    Two front porches provide outdoor space
    Units 1 and 2 include formal dining rooms, some hardwood flooring, and built‑ins
    Two‑stall carport plus additional parking
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    24-Unit Townhome Investment Opportunity
    24-Unit Townhome Investment Opportunity

    65 Locust St, Galesburg, IL 61401

    Contact for pricing
    26,400 sqft

    24-unit townhome community with income growth potential in Galesburg, IL.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Two-Unit Duplex with Detached Garage
    Two-Unit Duplex with Detached Garage

    772 Monmouth Boulevard, Galesburg, IL 61401

    $57,500

    Up-and-down duplex with separate living spaces, paved parking, and a detached garage for storage.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Galesburg, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    41-Unit HUD Apartment Portfolio
    41-Unit HUD Apartment Portfolio

    603 N Prospect Street, Cambridge, IL 61238

    $1,999,999
    1.06 AC lot

    Two well-maintained buildings offer community space and coin-operated laundry facilities for qualifying residents.

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    Turnkey HUD Senior Apartment Portfolio
    Turnkey HUD Senior Apartment Portfolio

    603 N Prospect Street, Cambridge, IL 61238

    $1,999,999

    Two HUD-regulated apartment properties total 41 units with community rooms and coin-operated laundry facilities.

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    Four-Unit Residential Income Building
    Four-Unit Residential Income Building

    201 N Rose St, Elmwood, IL 61529

    Contact for pricing

    Well-maintained four-unit complex with consistently occupied long-term tenants.

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    Four-Unit Apartment Complex
    Four-Unit Apartment Complex

    503 E Main St, Elmwood, IL 61529

    Contact for pricing

    Four-unit residential income property currently reported as fully occupied with tenants interested in retaining leases.

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    Galesburg, IL Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in Galesburg, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 29,801 square feet of properties for sale, with an estimated market value of $316,400.

    Sale prices for multifamily properties in Galesburg, IL start at $57,500, averaging $105,466, and reaching up to $163,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 2
    Apartment buildings 1
    Triplexes 1

    Demographics Overview

    Population 32K
    Population Growth (5Y) -8.9%
    Median Household Income $47,728
    College Educated 15.9%

    High-Yield Neighborhoods for Investment

    Identify Galesburg submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61401 $95K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Galesburg fall within the 10,000 to 25,000 square foot range.

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