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Former Galesburg Public Library 40 E Simmons St 309,849 SF 100% Leased Flex Building Galesburg, IL 61401 $675,000 ($2.18/SF)



EXECUTIVE SUMMARY
Step into a rare piece of downtown Galesburg history, now ready for its next chapter. Formerly the Galesburg Public Library, this iconic landmark at 40 E. Simmons St. stands in the very heart of the Central Business District. With its brick and slate exterior and commanding street presence, it offers the perfect blend of historic character and modern potential. Inside, the building has been fully emptied and is primed for redevelopment. The layout features a large, open upstairs level ideal for creative office, retail, gallery, event, or boutique hospitality concepts plus a partial basement for storage and back-of-house needs. Recent rooftop HVAC units installed in 2020 provide a valuable systems update for a head start on build-out. The property benefits from B-3 Central Business District zoning, supporting a wide range of commercial uses in this walkable, amenity-rich location. Positioned amid restaurants, shops, services, public parking, and civic anchors and just one block from Main Street, this is a signature redevelopment opportunity where historic charm meets everyday convenience. Write the next story for a Galesburg cornerstone and bring your vision to life downtown.
PROPERTY FACTS
| Price | $675,000 | Rentable Building Area | 309,849 SF |
| Price Per SF | $2.18 | No. Stories | 2 |
| Sale Type | Investment or Owner User | Year Built | 1961 |
| Property Type | Flex | Parcel Number | 99-15-206-001 |
| Price | $675,000 |
| Price Per SF | $2.18 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Rentable Building Area | 309,849 SF |
| No. Stories | 2 |
| Year Built | 1961 |
| Parcel Number | 99-15-206-001 |
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Walk Score®
Very Walkable (86)
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Former Galesburg Public Library | 40 E Simmons St
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