503 Knox Square Drive

Galesburg, IL 61401

$5,900,000

Mark Quesada

Broker / Owner

LIC #475144827

About This Home

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.

Facts & features

Year built2017

Location

Estimated Monthly Payment

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$44,341/mo

Principal & interest$32,295

Property taxes$10,325

Home insurance$1,721

Home price

Down payment

Down %

Interest rate

Loan term

Property tax / yr

Insurance / yr

HOA dues / mo

Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.

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