Financial
Distress signals
Property profile

468 Berrien St Galesburg, IL 61401

OFF-MARKET
Commercial real estate
Property ID
US28-3074017
Last sale Dec 2009 · $150,000
Trust Owned Owner of record is a trust. 16-yr Hold Held for 16 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional commercial property, located at 468 E Berrien Street in Galesburg, Illinois, presents a unique investment opportunity. The building boasts a substantial 17,248 square feet of usable space, offering a diverse range of potential applications. The layout includes dedicated areas for retail, warehouse, office, showroom, and storage, providing flexibility for a variety of businesses. The property sits on a 1.04-acre lot, providing ample space for expansion or outdoor operations.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value$201k
Assessed land$32k
Assessed improvement$169k
Effective rate9.49%

Value estimate

· Sep 2026
$335k
$302k – $369k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$62/SF
County average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$21 – $125

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionKNOX

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.6
Dental Office14.8
Auto Parts Store10.5

Location

468 Berrien St Galesburg, IL 61401-5053
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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 nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
435 Mulberry, Galesburg, IL 61401-4953 $50,000 Jan 2026 No data
1265 Grand, Galesburg, IL 61401-5348 $60,000 Dec 2025 No data
310 Home, Galesburg, IL 61401-7408 $175,000 Dec 2025 No data
1335 Knox Rd 700th E, Galesburg, IL 61401-3400 $1,554,000 Dec 2025 10,368 SF
127 Cherry, Galesburg, IL 61401-4521 $47,000 Dec 2025 No data
1131 Henderson, Galesburg, IL 61401-2523 $118,000 Oct 2025 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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