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    Galesburg, IL Residential Income Properties for Sale

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    Galesburg Multifamily Investment Opportunity
    $119,900

    Galesburg Multifamily Investment Opportunity

    260 N BROAD Street, Galesburg, IL 61401

    Six-unit multifamily property in Galesburg, Illinois, with value-add potential.

    • Six‑unit building with value‑add potential.
    • Four out of six units are currently occupied with tenants.
    • Potential for a high net return on investment.
    • Located in a desirable area.
    • Low maintenance property.
    Updated: Nov 25, 2025
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    24-Unit Townhome Investment Opportunity
    $1,300,000
    26,400 SF

    24-Unit Townhome Investment Opportunity

    65 Locust St, Galesburg, IL 61401

    24-unit townhome community with income growth potential in Galesburg, IL.

    • Opportunity to increase revenue by raising rents to market levels, projecting an increase to an 8.62% pro forma cap rate and 9.39% cash‑on‑cash return.
    • Attractive going‑in cap rate of 7.78% and cash‑on‑cash return of 6.03%.
    • Priced at a compelling $54,167 per unit ($49.24 per square foot), favorably positioned relative to comparable sales.
    • 24‑unit townhome community comprised of six buildings totaling 26,400 rentable square feet.
    • Spacious two- and three‑bedroom units averaging 1,100 square feet, appealing to families and long‑term renters.
    Updated: Feb 25
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Galesburg, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Seven-Unit Apartment Building Near WIU
    $279,000

    Seven-Unit Apartment Building Near WIU

    Seven-unit apartment building near WIU with income potential.

    605 W ORCHARD Street, Macomb, IL 61455
    View details
    Monmouth Multifamily Investment Opportunity
    $160,000

    Monmouth Multifamily Investment Opportunity

    Five-unit multifamily property in Monmouth, Illinois with value-add potential.

    313 E Broadway, Monmouth, IL 61462
    View details
    Monmouth Multifamily Investment Opportunity
    $240,000

    Monmouth Multifamily Investment Opportunity

    Ten-unit multifamily property in Monmouth, Illinois with value-add potential.

    315 N 1st St, Monmouth, IL 61462
    View details
    Macomb Triplex Near WIU
    $179,000

    Macomb Triplex Near WIU

    Triplex near WIU with rental income potential.

    601 W ORCHARD Street, Macomb, IL 61455
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Recreational Land Near Galesburg
    $215,000
    31.92 Acres

    Recreational Land Near Galesburg

    32-acre recreational land with hunting and building potential.

    000 5th St., East Galesburg, IL 61430
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    Residential Land in Brimfield, IL
    $49,000
    1.11 Acres

    Residential Land in Brimfield, IL

    1.1 acre residential lot, ideal for building a home.

    AUTUMN Trail lot: 62, Brimfield, IL 61517
    View details
    Residential Land in Coal Valley
    $127,200

    Residential Land in Coal Valley

    Wooded acres for a dream home with city utilities.

    407 W 7TH Avenue, Coal Valley, IL 61240
    View details
    Residential Lot in Ridgewood West
    $31,500
    0.16 Acres

    Residential Lot in Ridgewood West

    Residential lot in developed Ridgewood West Subdivision.

    1433 W 98TH Avenue Court, Rock Island, IL 61201
    View details

    Explore Off-Market Properties in Galesburg, IL

    Consider similar Off-Market properties in Galesburg, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Carl Sandburg Dr

    Carl Sandburg Dr

    Land • 9.12 Acres
    Value Estimation by Request
    0 Carl Sandburg Dr, Galesburg, IL 61401
    View details

    Galesburg, IL Residential Income Properties Investment Opportunities Market Analysis

    Explore 3 residential income properties for sale in Galesburg, IL on our real estate platform. These investment opportunities span a total of 397,267 square feet of properties for sale, with an estimated market value of $119,900.

    Sale prices for residential income properties in Galesburg, IL start at $0.00, averaging $39,966, and reaching up to $119,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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