Contact us: 563.441.1776
Description
Discover an incredible opportunity to own a locally owned and operated bar with a proud family legacy spanning over 30 years and a longstanding presence in the Galesburg community for more than 50 years. Ideally located in a high-traffic area?with even more growth anticipated as local factories expand?this establishment is perfectly positioned for continued success. Guests enjoy a spacious outdoor area complete with lighting and a stage, making it the go-to spot for live entertainment, gatherings, and celebrations. The business is fully operational with an already established income flow, and the transition for new ownership will be seamless. Transferable gaming options, from slots to darts and pool, add to the revenue potential. With its rich history, strong local reputation, and prime location, this is a rare chance to step into a thriving business and make it your own.
Property Highlights
Property Type: Commercial - Business
Building Description: 1.0 stories
Available Sqft: 1326
General Information
County: Knox
Listed By:
CENTURY 21 Tucker Swanson
Office: 309-343-6121
RMLSA
MLS ID: CA1041403
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1585 Monmouth Boulevard, Galesburg, IL 61401.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $125,000 | $125,000 | $125,000 |
| Down Payment | $25,000 | $4,375 | $31,250 |
| Monthly Mortgage Amount | $592 | $707 | $760 |
| Taxes | $174 | $174 | $174 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $55 | $0 |
| Monthly Estimated Total | $866 | $1,036 | $1,034 |
About this area
About Galesburg
Galesburg, IL—home of the Railroad Days Festival and known for its rich American history—is a leisurely town with a population of about 29,000 (2024). The town integrates the celebration of its history into its future with its family-friendly festivals and historical gatherings. Events like the annual Railroad Days show reverence for the community’s past and a dedication to its continued vibrance. Many of the buildings in Galesburg are both on the historic registry and are currently in use. Galesburg has a thriving downtown area with unique restaurants and plenty of historic places to visit. The town also has cultivated a vibrant arts scene resulting in a bustling downtown.
If you are ready to start your home buying or selling journey, browse the latest real estate listings in Galesburg, IL. You can also contact us—we are here to help!
Nearest Ruhl & Ruhl Office: Burlington, IA
403 South Gear Avenue
Suite 105
West Burlington, IA 52655
(563) 441-1776
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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