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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    1687 Henderson St, Galesburg, IL 61401-1318

    Individually Owned ~ Est. High Equity
    Property ID
    US28-2895370
    Property summary
    AI-generated overview

    This exceptional Class A commercial property, located at 1687 N Henderson St in Galesburg, Illinois (zip code 61401), presents a unique investment opportunity. The 4,075 square foot building sits on a sizable 39,996 square foot lot and boasts 30 parking spaces. Built in 1990, the property features a mix of office and land use, zoned B-2 Commercial, making it suitable for a variety of businesses. The main structure comprises a 450 square foot wood-framed office space attached to a 3,625 square foot metal-framed service garage, ideal for automotive-related businesses or adaptable to other commercial uses. The garage includes three service bays with overhead doors (two 12' x 12', one 12' x 20'). The property benefits from a 200-amp, 3-phase electrical service, with suspended heaters in the garage and forced-air heating/cooling in the office. The property is conveniently located on a major Galesburg thoroughfare, N. Henderson Street, with a high average daily traffic count of 15,000 vehicles, and is adjacent to an Arby's restaurant. The asking price is $495,000, with an occupancy date of September 8, 2024. This fee simple ownership offers significant potential for owner-users or investors seeking a prime location in a bustling commercial area. The property's strategic location and versatile design make it an attractive option for a wide range of commercial enterprises.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    APN 99-03-301-004
    UPID US28-2895370
    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
    • Bob Lindsay Cars Car Dealership
    • Galesburg Car Care Car Wash
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Hatem A Kattom
    Hatem A Kattom
    since 2025
    Last sale
    $390,000
    5 recorded transactions
    2025
    $390,000
    2023
    $779,000
    2022
    $335,000
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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