Shawn Langan
Agent: Shawn Langan
Pete Hadjis
Agent: Pete Hadjis
Listing ID: 12633175
Sale: $5,900,000
Listing Courtesy Of NAI Ruhl Commercial Company
Address: 503 Knox Square Drive
City: Galesburg
State: IL
Postal Code: 61401
County: Knox
Property Remarks
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.
Features
Property Details
County: Knox
Property Type: Commercial Sale
Total Building SqFt: 18120
Sale/Rent: For Sale Only
Tax Year: 2025