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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

102-108 Main St Galesburg, IL 61401

Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents three adjoining commercial buildings totaling 9,660 square feet, ideally situated in Galesburg, Illinois' vibrant downtown business district at the corners of East Main and South Cherry Streets. The property, zoned B-3 Commercial Central Business, comprises three buildings: 102 E. Main St. (1,680 sq ft), and 106 & 108 E. Main St. (1,540 sq ft each). All three buildings boast street-level retail/office space currently occupied by long-term tenants with established businesses, ensuring a stable income stream. The buildings feature new roofs installed between 2018 and 2019. This package offers a compelling investment opportunity, allowing for the purchase of the entire property for $150,000 or individual buildings at $75,000 (102 E. Main St.), and $50,000 each for 106 and 108 E. Main St. Own a piece of Galesburg's historic downtown. The address is 102-108 E Main Street, Galesburg, IL 61401.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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