Residential Income

Galesburg, IL Residential Income Properties for Sale

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Carbondale, IL Knoxville, IL Wataga, IL Gilson, IL Abingdon, IL Dahinda, IL Alexis, IL Monmouth, IL
Duplex with Private In-Unit Laundry
Updated: Jul 26
Duplex with Private In-Unit Laundry

752 N Cherry St, Galesburg, IL 61401

$95,000
3,401 sqft
Main floor unit: 1,713 SF with 3 bedrooms; laundry in one bedroom
Upstairs unit: 1,688 SF with 2 bedrooms (potential for 3rd); laundry in bathroom
Private laundry for each level plus separate utilities
Roof and two furnaces replaced within last 5 years; new leaf guard gutters
Asphalt roof, wood siding, forced‑air natural gas heat, public water
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Mixed-Use Property with Apartment
Updated: May 9
Mixed-Use Property with Apartment

430 N HENDERSON Street, Galesburg, IL 61401

$119,900
Mixed‑use layout with commercial space and a 2‑bedroom apartment
Commercial area includes open workspace, private office, and 2 half baths
B‑1 zoning with potential office, café, salon, clinic, art studio, and bed and breakfast uses
Roof updated in 2018; furnace replaced in 2020
Entry doors updated in 2023, window AC in 2024, and fresh paint throughout
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Three-Unit Triplex with Porches
Three-Unit Triplex with Porches

529 N Kellogg Street, Galesburg, IL 61401

$163,900

Separate electric meters, tenant laundry access, and a two-stall carport support practical multifamily operations.

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24-Unit Townhome Investment Opportunity
24-Unit Townhome Investment Opportunity

65 Locust St, Galesburg, IL 61401

Contact for pricing
26,400 sqft

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

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Two-Unit Duplex with Detached Garage
Two-Unit Duplex with Detached Garage

772 Monmouth Boulevard, Galesburg, IL 61401

$57,500

Up-and-down duplex with separate living spaces, paved parking, and a detached garage for storage.

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 5 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 Retail and Apartment Buildings
Downtown Retail and Apartment Buildings

59-61 Public Square, Monmouth, IL 61462

Contact for pricing

Two downtown buildings offer retail space on the ground floor and one apartment in each building upstairs.

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Four-Unit Residential Income Building
Four-Unit Residential Income Building

201 N Rose St, Elmwood, IL 61529

Contact for pricing

Well-maintained four-unit complex with consistently occupied long-term tenants.

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Four-Unit Apartment Complex
Four-Unit Apartment Complex

503 E Main St, Elmwood, IL 61529

Contact for pricing

Four-unit residential income property currently reported as fully occupied with tenants interested in retaining leases.

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Five-Unit Apartment Building
Five-Unit Apartment Building

302 West Broadway, Monmouth, IL 61462

$178,000
0.25 AC lot

Five apartments with updated electrical service, individual appliances, and shared forced-air heating improvements.

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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.

Multifamily Land for Sale
Multifamily Land for Sale

1810 Old W Main Street, Carbondale, IL 62901

$33,500
0.87 AC lot

0.87 acre lot zoned R-3 near shopping center.

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Commercial/Residential Development Opportunity
Commercial/Residential Development Opportunity

0 E Carl Sandburg Drive, Galesburg, IL 61401

$550,000

Prime land for commercial or residential development in Galesburg, IL.

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Elmwood Residential Lots Available
Elmwood Residential Lots Available

HURFF Drive lot: 66, Elmwood, IL 61529

$42,000

Newly developed residential lots near Maple Country Club.

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Elmwood Developed Lots For Sale
Elmwood Developed Lots For Sale

Lot 66 Hurff Drive, Elmwood, IL 61529

$42,000

Newly developed lots available in Elmwood, Illinois.

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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
Land

0 Carl Sandburg Dr, Galesburg, IL 61401

Value Estimation by Request
9.12 AC lot
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Galesburg, IL Residential Income Properties Market Trends and Statistics

Explore 6 residential income properties for sale in Galesburg, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 29,801 square feet of properties for sale, with an estimated market value of $436,300.

Sale prices for residential income properties in Galesburg, IL start at $57,500, averaging $109,075, and reaching up to $163,900 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 4
Duplexes 2
Apartment buildings 1
Triplexes 1

Demographics Overview

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

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
61401 $103.3K

Taxes & Financing

Average Loan-to-Value 65.0%

Property Size Breakdown

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

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