503 Knox Square Drive, Galesburg, IL

$5,900,000

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About 503 Knox Square Drive

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.

Features of 503 Knox Square Drive

MLS® # 12633175
Price $5,900,000
Bathrooms 0.00
Year Built 2017
Type Commercial Sale
Sub-Type Retail/Stores
Status Active

Community Information

Address 503 Knox Square Drive
Area Galesburg
City Galesburg
County Knox
State IL
Zip Code 61401

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Days on Market 7
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees Freq. Annually

Listing Details

OfficeNAI Ruhl Commercial Company

Listing Map

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