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50 E Main Street

Galesburg, IL 61401
  • $850,000
  • STATUS: Active Under Contract
  • ON SITE: 940 Days
  • ID#: CA1007051
Under Contract
UPDATED: 22 min ago
$850,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Well constructed masonry/marble building with drive up facilities and off street parking. Many updates in the last several years including energy efficient improvements. Recently utilized as a bank and business offices (attorney's office still in operation). More office space in lower level (current leasing options available for main floor and lower level). Located on the corner of city square (State Route 150) with high traffic and prominent exposure in the heart of downtown. Lease information available upon request with signing of confidentiality agreement. Zoned B-3 (Central Business). Approximate lot square footage is 28,268. Taxes for 2022 were $37,665.02.

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© 2023 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kathy Garst Sales Team | The Real Estate Group. Data last updated: 2023-12-11T12:45:25.487.
www.kathygarst.com/homes/117223663
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50 E Main Street Galesburg, IL 61401

  • Price: $850,000
  • Status: Active Under Contract
  • On Site: 940 Days
  • Updated: 22 min ago
  • ID#: CA1007051
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Galesburg Southeast
County:
Knox
Area:
Galesburg Southeast
Property Description
Well constructed masonry/marble building with drive up facilities and off street parking. Many updates in the last several years including energy efficient improvements. Recently utilized as a bank and business offices (attorney's office still in operation). More office space in lower level (current leasing options available for main floor and lower level). Located on the corner of city square (State Route 150) with high traffic and prominent exposure in the heart of downtown. Lease information available upon request with signing of confidentiality agreement. Zoned B-3 (Central Business). Approximate lot square footage is 28,268. Taxes for 2022 were $37,665.02.
Exterior Features

Construction Materials MasonryOther Roof Membrane

Interior Features

Building Area Total 6527 Cooling Central Air Flooring CarpetTerazzo Heating Forced AirGas

Property Features

Agent Owned No Disclosed Short Sale No Exemptions 0 Financing Cash OnlyConventional Foreclosure YN No Frontage Type Corner LotInterstatePaved 4LaneState Road Lease Term Other Lease Type Gross Levels TwoBasementMulti-Tenant Net Operating Income -37665 Possible Use Office Sewer Public Sewer Tax Annual Amount 37665.02 Tax Incentive1 Enterprize ZoneTIF District Tax Legal Description PLAT 1876 BLK 25 ALL LOTS 1 2 3 4 5 6 7 8 9 35 & N 56.25 LT 10 & N 1/2 LOT 27 Tax Year 2022 Type Commercial Zoning B-3

Listing provided courtesy of Chuck Ross of Mel Foster Co. Galesburg: Office: 309-343-6168.
© 2023 RMLS Alliance, LLC. All Rights Reserved.


© 2023 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kathy Garst Sales Team | The Real Estate Group. Data last updated: 2023-12-11T12:45:25.487.
 
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