513 N Henderson St, Galesburg, IL 61401
This exceptional 0.58-acre commercial land parcel, located at 513 N. Henderson St. in Galesburg, Illinois (APN: 99-10-301023), presents a compelling investment opportunity. Zoned B-1, this vacant lot boasts excellent visibility along Henderson Street, a key thoroughfare strategically positioned between Interstate 74 and US-34. Its proximity to the Galesburg downtown business district ensures high traffic volume and exposure to a diverse customer base. The property benefits from the presence of college student traffic, creating potential for various commercial ventures. While the sale includes some restrictions, this prime location offers significant potential for development and return on investment. The asking price is $100,000. The property's address is verified as 513 N Henderson St, Galesburg, IL 61401, situated in Knox County. The geographic coordinates are latitude 40.953519 and longitude -90.3828915. Serious inquiries are encouraged to explore the possibilities this unique property offers.
-
Galesburg Insurance Insurance Agency
-
Rebecca Clark Agency Insurance Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.