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Property profile & analytics

1687 Henderson St Galesburg, IL 61401-1318

  • Commercial real estate
OFF-MARKET
Last Sale
Jul 11, 2025
$390,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-2895370
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Bob Lindsay Cars / Car Dealership
  • Galesburg Car Care / Car Wash

Property Details for 1687 Henderson St

Property type
Commercial real estate
APN
99-03-301-004
APU
9903301004

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Galesburg
County
Knox
State
Illinois
Longitude
-90.3823
Latitude
40.9683
CBSA code
23660
CBSA name
GALESBURG, IL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,395
$67,690
$52,370
$120,060
-
$203,070
$157,110
$360,180
More about this property
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