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    Galesburg, IL
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    Galesburg, IL Residential Income Properties for Sale

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    Carbondale, IL East Galesburg, IL Knoxville, IL
    Galesburg Multifamily Investment Opportunity
    $119,900

    Galesburg Multifamily Investment Opportunity

    260 N BROAD Street, Galesburg, IL 61401

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

    • Six‑unit property with value‑add potential.
    • Four of six units are currently occupied with tenants.
    • Potential for a high net return on investment.
    • Low maintenance property.
    • Located in a desirable area.
    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.

    Opportunities in Nearby Cities

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

    Downtown Macomb Mixed-Use Investment
    $199,500
    3,780 SF

    Downtown Macomb Mixed-Use Investment

    Well-maintained mixed-use building on Macomb's historic downtown square.

    11 East Side Square, 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
    Macomb Duplex Near WIU
    $130,000
    2,600 SF

    Macomb Duplex Near WIU

    Duplex built in 2006, close to WIU and downtown.

    303 W ADAMS Street, Macomb, IL 61455
    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

    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 Overlooking Golf Course
    Contact for pricing
    0.51 Acres

    Residential Land Overlooking Golf Course

    Half-acre residential lot in Weaverridge subdivision, Peoria, Illinois.

    4103 SANDRIDGE Court, Peoria, IL 61615
    View details
    Residential Land in Peoria, IL
    Contact for pricing
    0.26 Acres

    Residential Land in Peoria, IL

    Residential lot available for building a home or duplex.

    5115 W HARP HOLLOW Road, Peoria, IL 61607
    View details
    5-Acre Wooded Lakefront Property
    $125,000
    4.95 Acres

    5-Acre Wooded Lakefront Property

    Private 5-acre wooded lot with lake frontage in Peoria, IL.

    COUNTRY VIEW Drive, Peoria, IL 61604
    View details

    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 26,400 square feet of properties for sale, with an estimated market value of $1,300,000.

    Sale prices for residential income properties in Galesburg, IL start at $1,300,000, averaging $1,300,000, and reaching up to $1,300,000 — 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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    Top Commercial Asset Segments

    Apartment buildings 1
    Multifamily properties 1

    Property Size Breakdown

    The majority of commercial real estate listings in Galesburg fall within the 10,000 to 25,000 square foot range.

    Demographics Overview

    Population 32K
    Population Growth (5Y) -8.9%
    Median Household Income $47,728
    College Educated 15.9%

    High-Yield Neighborhoods for Strategic Investment

    Identify Galesburg submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    61401 $1.3M

    Taxes & Financing

    Average Loan-to-Value 65.0%

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