Trust Owned Property summary
This Galesburg, Illinois property, located at 1075 N Henderson Street, presents a unique investment opportunity. The 3,200+ square foot building previously housed a well-known restaurant and bar, offering ample space for a variety of commercial ventures. The sizable kitchen includes a walk-in cooler and freezer, perfect for food service operations. A beautiful bar and ample seating are already in place. The property boasts excellent visibility on a busy main road with an average daily… traffic count of 14,500 vehicles, surrounded by established businesses like McDonald's, KFC, and Walgreens. An oversized parking lot provides convenient parking for over 40 vehicles. The B-1 zoning allows for diverse uses, including but not limited to a candy store, coffee shop, flower shop, bakery, catering service, or a new restaurant concept. A detailed list of permitted businesses is available upon request. The asking price is $175,000. The seller also offers a package deal including the adjacent property at 1055 N Henderson Street for a discounted price of $350,000. This presents a significant opportunity for investors seeking a high-traffic location in a thriving commercial area. The property is situated in Knox County, Illinois, zip code 61401.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 0.03 ac
- APN
- 99-10-104-017
- Assessed value · 2023
- $107,780
- Annual tax · 2023
- $10,230
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
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- Location Insight
- Alternative use
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