For Sale
$250,000

161 Cherry St Galesburg, IL 61401

Iconic Downtown Commercial Building

Overview

Added:
Feb 3
Days on market:
79
This remarkable 11,320-square-foot commercial property, located at 161 S Cherry Street in Galesburg, Illinois, presents a rare investment opportunity. Originally serving as the city hall, this historic building boasts a rich architectural heritage, designed by renowned architect William E. Wolf. The building's striking exterior features a blend of stone and masonry, complemented by fluted stone columns with ionic capitals, Romanesque arched stone windows, copper fascia, corbels, and a dentil frieze. The property sits on a 0.37-acre lot in the heart of the downtown district, offering convenient access to the Knox County Court House and Knox College. The interior comprises 11,320 square feet of office space spread across the first and second floors, ideal for a variety of commercial uses. In addition to the office space, the building includes a substantial 5,660 square feet of basement storage, plus further storage on the third level. Ample parking is available both on and off-street, adding to the property's appeal. Zoned B-3 Central Business, this property offers significant potential for a discerning investor seeking a unique and historically significant commercial space in a thriving downtown location. The asking price for this exceptional property is $250,000.

Property Details for 161 Cherry St

Property type
Commercial real estate
Square Feet
11,320 SF
Year Built
1905
Lot Size (sq. ft)
16,117 SF

Location Insight

City
Galesburg
County
Knox
State
Illinois
Latitude
40.94564
Longitude
-90.36932

FAQs

What type of property is this?
Commercial real estate - Iconic Downtown Commercial Building
Where is the commercial real estate located?
The property is located at 161 Cherry St Galesburg, IL.
What is the asking price?
The asking price for this property is $250,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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161 Cherry St
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