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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

251 Main St Galesburg, IL 61401

Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 251 E Main Street, offers a unique blend of retail and office space in the heart of the Downtown Business District. Situated conveniently between Kellogg and Prairie streets, this single-tenant building boasts 1,246 square feet of versatile space, ideal for a variety of businesses. The layout includes three individual offices (each 11 x 9 feet), a spacious front room (20 x 15 feet), a sizable conference room (13 x 22 feet), a functional kitchen (11 x 13 feet), and a rear room (13 x 13 feet). The property's zoning is commercial, and its APN is 99-10-483-022. The storefront location provides excellent street-level visibility and accessibility, making it an attractive option for businesses seeking high foot traffic. This property is perfect for a business needing a combination of private offices and open space. The single-tenant occupancy simplifies management and provides a cohesive work environment. This is a rare opportunity to acquire a well-positioned commercial property in a thriving downtown area. Don't miss out on this chance to establish your business in a prime location.

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
Current use
Occupant on record · Public records
  • Rita Wilcox Alternative Medicine Practice
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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