Contact us: 563.441.1776
Description
This excellent mixed-use investment opportunity features a commercial building with an attached duplex. The commercial space offers 8 different offices, and a conference room suitable for a variety of different business uses. The basement offers plenty of storage opportunity, making it ideal for business inventory, equipment, records, or personal belongings. The attached duplex provides additional income potential or owner-occupancy options with separate living spaces. The 1st apartment has 3 spacious bedrooms (1 nonconforming) and a bathroom. The 2nd apartment has 2 bedrooms with 1 bathroom. Whether you're expanding a business, seeking rental income, or looking for a versatile property with multiple uses, this property offers exceptional potential and value. Call today!
Property Highlights
Property Type: Multi Unit - Multiple
General Information
County: Knox
High School: Galesburg
Subdivision: Galesburg
Listed By:
Platinum Key Real Estate, LLC
Office: 309-343-1186
RMLSA
MLS ID: CA1044847
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1614 E Knox Street, Galesburg, IL 61401.
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563-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $59,900 | $59,900 | $59,900 |
| Down Payment | $11,980 | $2,097 | $14,975 |
| Monthly Mortgage Amount | $291 | $357 | $370 |
| Taxes | $83 | $83 | $83 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $26 | $0 |
| Monthly Estimated Total | $474 | $566 | $553 |
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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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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