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65 Locust Street, Galesburg, IL 61401

Galesburg
Local realty services provided by:CENTURY 21 Broughton Team
65 Locust Street,Galesburg, IL 61401
$1,200,000
  • - Beds
  • - Baths
  • 28,706 sq. ft.
  • Multi-family
  • Active
Listed by: justin ball, jessica ball
Office: re/max traders unlimited
MLS#:PA1271383
Source:IL_CAAR

Price summary

  • Price:$1,200,000
  • Price per sq. ft.:$41.8

About this home

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. See also MLS #PA1270916.

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Home facts

  • Year built:1971
  • Subdivision & Development:Hayner
  • Listing ID #:PA1271383
  • Added:1 day(s) ago
  • Updated:October 29, 2026 at 09:17 PM

Rooms and interior

  • Living area:28,706 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Gas
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1971
  • Building area:28,706 sq. ft.
  • Lot area:1.73 Acres
  • Construction Materials:Vinyl Siding

Schools

  • High school:Galesburg

Finances and disclosures

  • Price:$1,200,000
  • Price per sq. ft.:$41.8
  • Tax amount:$21,513 (2025)

Parking

  • Total parking spaces:48
  • Parking description:Carport

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