313 GALESBURG RD Sold Save Request In-Person Tour Request Virtual Tour
Knoxville,IL 61448
Key Details
Sold Price $265,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 22,000 sqft
Price per Sqft $12
MLS Listing ID CA1035069
Annual Tax Amount $7,408
Tax Year 2023
Property Sub-Type Commercial
Property Description
Prime Commercial & Residential Investment Opportunity! Strategically located near Interstate 74, this expansive property in Knoxville, IL offers easy access to Peoria, the Quad Cities, Galesburg, and surrounding areas. With potentially over 20 units—including lofts, studios, two-bedroom residential, and some commercial spaces—this building provides diverse income opportunities. Some units are near completion, allowing easy creation of more rentable units. Additional highlights include onsite laundry hookups, an office with potential maintenance person quarters, and a newer roof. The third level presents room for expansion, and some utilities have been recently updated. Public access for tenants and private access for maintenance ensure functionality and security. Perfect for investors exploring commercial, short-term potential or long-term rentals. Get in and take a look today! Listing agent must be present for all tours.
Location
State IL
County Knox
Area Knoxville
Zoning B
Interior
Heating Other
Cooling Other
Flooring Carpet,Concrete,Tile/Vinyl
Exterior
View true
Roof Type Composition Shingle
Building
Sewer Public Sewer
Structure Type Vinyl Siding,Frame