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Listed by Shawn Langanof NAI Ruhl Commercial Company
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Est. payment /mo
Active
503 Knox Square DR Galesburg, IL 61401
18,120 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 18,120 sqft
MLS Listing ID 12633175
Year Built 2017
Tax Year 2025
Property Sub-Type Retail/Stores
Property Description
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.
Location
State IL
County Knox
Interior
Fireplace N
Exterior
View Y/N true
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