Property profile

1048 Losey St Galesburg, IL 61401

OFF-MARKET
Office Spaces
Property ID
US28-2941034
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Property summary

AI-generated overview

This exceptional 1,200 square foot commercial property, located at 1048 E Losey Street in Galesburg, Illinois (zip code 61401), presents a fantastic opportunity for businesses seeking a prominent location. The single-tenant building sits on a portion of APN 99-11-401-001 and is zoned for commercial use. The property features a spacious 22 x 20 foot reception/front work area, ideal for a single business or a shared workspace. Beyond the reception area, the layout includes two private offices, providing ample space for individual work or meetings. A convenient 14 x 10'6 break/kitchenette room offers a comfortable space for employees, while a 16 x 11'6 file room ensures secure storage. A half-bath completes the functional layout. Situated in a one-story strip center on a high-traffic street, this property boasts tremendous visibility, ensuring maximum exposure for your business. The monthly rent is $700, plus utilities. This is a must-see property for any business looking to establish or expand its presence in Galesburg. The property's location offers easy access to the city's amenities and transportation networks. Don't miss this excellent business opportunity.

Property profile

Verified
Property type Office Spaces
UPID US28-2941034

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic

Location

1048 Losey St Galesburg, IL 61401
Galesburg metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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