65 LOCUST Street Galesburg, IL 61401 CLS #PA1270916
$1,200,000 28706 Total Sq. Ft. 28706 Available Sq. Ft.
Available for Purchase.
Excellent multi family investment in this 24-unit, fully leased complex in Galesburg, Illinois. Competitively priced at $50,000/unit, each of the six buildings has 4 units with 12 two bedroom and 12 three bedroom (some with 1.5 bathrooms) units averaging 1,100 SF. Each unit is allocated at least 2 parking spots with carports available for most units. There is a 2 stall garage on site for maintenance and/or owner use. These desirable units provide space for tenants of all types - professionals, families and those working from home needing dedicated office spaces. Roofs, ACs, and heat pumps were all updated within the past 5 years. Units have been renovated with flooring, cabinetry, windows and bathroom remodels as they've been turned. Tenants pay electric and owners pay water/sewer/garbage. Rent roll, expenses, photos of additional units and a video walkthrough of units are available on request.
Listing Features
Type: Land, Building, Sale/Lease Other Zoning: R-2 County: Knox Water/Sewer: Public Sewer Total Sq. Ft.: 28706 Year Built: 1971 Directions: 65 Locust Court

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals.

This listing compliments of
RE/MAX Traders Unlimited
Last Updated on 10/20/2026 7:18:19 PM