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435 E 3rd Street Galesburg, IL 61401 Commercial - Office Active

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Description

Unlock the potential of this expansive 21,799 square foot commercial building, currently operating as a baseball/softball training facility and primed for its next chapter. Offering approximately 19,000 square feet of additional space, this property presents a rare opportunity for customization. The existing layout provides a strong foundation, while the substantial unfinished or adaptable square footage allows investors or owner-users to bring their vision to life. Whether you're expanding an athletic enterprise, creating a multi-tenant investment, or developing a unique commercial concept, the possibilities here are truly endless. In addition, the property features a 2,434 square foot leasable office area, perfect for generating supplemental income or accommodating administrative operations on-site. With its impressive size, flexible layout, and income potential, this property is a standout opportunity for those looking to capitalize on space, versatility, and future growth.

Property Highlights

Property Type: Commercial - Office
Building Description: 2.0 stories
Available Sqft: 21799
Lot Size: 1.60 acres

General Information

County: Knox
Listed By:
CENTURY 21 Tucker Swanson Office: 309-343-6121
RMLSA
$75,000
Est. $559/mo
New to the Market Active
SQUARE FEET21,799 MLS#CA1043138
STATUSActive PROPERTY TYPECommercial - Office

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435 E 3rd Street, Galesburg, IL 61401.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $75,000$75,000$75,000
Down Payment $15,000$2,625$18,750
Monthly Mortgage Amount $355$442$456
Taxes $104$104$104
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$33$0
Monthly Estimated Total $559$679$660

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About this area

Illinois/Galesburg
Galesburg

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About Galesburg

Galesburg, IL—home of the Railroad Days Festival and known for its rich American history—is a leisurely town with a population of about 29,000 (2024). The town integrates the celebration of its history into its future with its family-friendly festivals and historical gatherings. Events like the annual Railroad Days show reverence for the community’s past and a dedication to its continued vibrance. Many of the buildings in Galesburg are both on the historic registry and are currently in use. Galesburg has a thriving downtown area with unique restaurants and plenty of historic places to visit. The town also has cultivated a vibrant arts scene resulting in a bustling downtown.

If you are ready to start your home buying or selling journey, browse the latest real estate listings in Galesburg, IL. You can also contact us—we are here to help!

Nearest Ruhl & Ruhl Office: Burlington, IA
403 South Gear Avenue
Suite 105
West Burlington, IA 52655
(563) 441-1776

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