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Prime Real Estate, High Traffic Count.1.6 Ac. 1621 N Henderson St 13,000 SF Retail Building Galesburg, IL 61401 $950,000 ($73.08/SF)
Investment Highlights
- Located on a high-traffic corridor with 198 feet of frontage along North Henderson Street
- Zoned B-2 with city water and sewer services in place and immediate possession available
- Surrounded by established businesses and retail services supporting strong consumer activity and consistent traffic flow.
- Includes a 13,000 SF structure with showroom space on a 1.6-acre lot for flexible commercial deployment
- Features ample paved parking area totaling approximately 51,000 square feet to accommodate customer and staff needs
- Offered as fee simple ownership, ideal for investors or business operators seeking property control and value retention
Executive Summary
This prime commercial property is located on the busy North Henderson Street in Galesburg, Illinois. The property spans 1.6 acres and features a building with approximately 13,000 square feet. It was formerly known as City Select Motors.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Building Size
13,000 SF
Year Built
1957
Price
$950,000
Price Per SF
$73.08
Building Height
1 Story
Building FAR
0.19
Lot Size
1.60 AC
Zoning
B-2 Commercail - Prime Commercial area
Frontage
198’ on N. Henderson St.
Amenities
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 99-03-301-006 | Total Assessment | $230,090 (2025) |
| Land Assessment | $129,270 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $100,820 (2025) | Tax Year | 2024 Payable 2025 |
Property Taxes
Parcel Number
99-03-301-006
Land Assessment
$129,270 (2025)
Improvements Assessment
$100,820 (2025)
Total Assessment
$230,090 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024 Payable 2025
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Prime Real Estate, High Traffic Count.1.6 Ac. | 1621 N Henderson St