524 Mulberry St Galesburg, IL 61401-5020
This exceptional commercial property, identified by APN 99-14-106-027, presents a unique investment opportunity. The site encompasses a total of 16,420 square feet and features three separate buildings suitable for a variety of industrial uses. The main warehouse complex consists of two buildings totaling 16,420 square feet; one building measures 9,156 square feet, and the other 7,264 square feet. A significant advantage is the inclusion of a two-level storage area with existing office space, although the office space requires renovation. A separate, free-standing building, measuring 2,850 square feet (75 feet by 38 feet), is also available on the property. This building is situated alongside a fenced storage lot, providing ample secure outdoor space. The property's zoning is commercial, making it ideal for businesses such as construction companies or automotive repair shops. The property is offered as a single-tenant occupancy. This versatile property offers a blend of warehouse space, office space, and outdoor storage, presenting a compelling opportunity for a business seeking a well-located and functional industrial space. The property is ready for immediate occupancy.
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Fox Towing Auto Repair Shop
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.