For Sale
$150,000

102-108 Main St Galesburg, IL 61401

Three buildings, high-traffic location, strong tenants.

Overview

Added:
Feb 3
Days on market:
79
This exceptional investment opportunity presents three adjacent commercial buildings totaling 14,280 square feet, ideally situated at 102-108 E Main Street in Galesburg, Illinois' vibrant downtown business district. The property boasts a prime location on the corner of E. Main Street and S. Cherry Street, ensuring high visibility and foot traffic. The buildings offer 4,760 square feet of street-level retail and office space, currently occupied by long-term tenants with established businesses, providing immediate and consistent cash flow. Each building is individually attractive: 102 E. Main Street comprises 1,680 square feet, while 106 and 108 E. Main Street each offer 1,540 square feet. All three buildings received new roofs in 2018/2019. The property sits on a 0.11-acre lot and is zoned B-3 Commercial Central Business. This presents a unique opportunity to acquire a well-maintained, income-producing portfolio in a historic downtown setting. Individual building purchases are also possible, with 102 E. Main Street priced at $75,000, and 106 and 108 E. Main Street each priced at $50,000. This is a rare chance to own a piece of Galesburg's rich history and secure a strong return on investment.

Property Details for 102-108 Main St

Property type
Commercial real estate
Square Feet
14,280 SF
Lot Size (sq. ft)
4,792 SF

Location Insight

City
Galesburg
County
Knox
State
Illinois
Latitude
40.94721
Longitude
-90.3694

FAQs

What type of property is this?
Commercial real estate - Three buildings, high-traffic location, strong tenants.
Where is the commercial real estate located?
The property is located at 102-108 Main St Galesburg, IL.
What is the asking price?
The asking price for this property is $150,000.
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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102-108 Main St
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