3
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$5,900,000
Est. payment /mo
18,120 SqFt
New
503 Knox Square DR Galesburg, IL 61401
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Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 18,120 sqft
Price per Sqft $325
MLS Listing ID 12633175
Year Built 2017
Tax Year 2025
Property Sub-Type Retail/Stores
Property Description
Fully occupied retail investment opportunity located at 503 Knox Square Dr in Galesburg, IL, Seminary Square Commercial development. This stabilized strip center offers strong in-place income with a projected 2026 NOI of $354,020.32. Tenant mix includes World Finance, VIP Nails, Armed Forces Career Center, OneMain Financial, Verizon, Great Clips, State Farm, ImpactLife, and Sun Loan, providing diversified income across financial services, personal services, national/regional users, and service-based retail. The property is strategically positioned in a dominant retail corridor near Walmart Supercenter, Aldi, Menards, and immediate access to I-74 / US-34 / Kansas City-Chicago Expressway. 2025 tax rate is not available as of the listing date. Estimated 2026 taxes: $91,416.27.
Location
State IL
County Knox
Area Galesburg
Interior
Fireplace N
Building
Dwelling Type Retail/Stores
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Listed by Shawn Langan of NAI Ruhl Commercial Company
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