503 Knox Square Drive Galesburg, IL ^$ 5,900,000

503 Knox Square Drive

^$ 5,900,000

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Recently Listed

503 Knox Square Drive

Galesburg, IL, 61401

^$ 5,900,000

Bedrooms-- Baths-- Sq 18,120

Monthly Estimate*

^$ 36,327

503 Knox Square Drive, Galesburg, IL 61401 - Image 1

503 Knox Square Drive, Galesburg, IL 61401 - Image 2

503 Knox Square Drive, Galesburg, IL 61401 - Image 3

Commercial Property for sale in Galesburg, IL

for $5,900,000. This 18,120 square foot building was built in 2017 on a lot size of 1.65999.

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.

Commercial Active

Price

^$ 5,900,000

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

1.65999

Year Built

2017

Town/City

Galesburg

County/Region

Knox

MLS | Web ID

12633175

Features

General

Year Built 2017

Township Galesburg

Tax Year 2025

Assoc Fee Paid Per Annually

County Knox

Property Type Commercial Sale Retail/Stores

Status Active

Directions Located at the intersection of Knox Square Drive and North Henderson Street.

City Galesburg

MLS Area Galesburg

Lot Size Square Feet 72309

Tax Annual Amount 0

Additional Parcels Y/N N

Leasable Area 0

Standard Status Active

Exterior

Building Area Total 18120

* Excluded Features

List By

Nai Ruhl Commercial Company

Broker

slangan@ruhlcommercial.com

Affordability Calculator

$36,327

Per Month

Monthly Principal & Interest: $36,327
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Galesburg, IL

Average List Price ^$3,375,000

Percent of Sale Price 43%

About Galesburg, IL

30,515 Population

-10% Since 2002

^$34,434 Median Income

39.21 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/1/2026	$5,900,000		Listed Price

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503 Knox Square Drive, Galesburg, IL, 61401 is a Commercial Property for sale at $5,900,000 with 18,120 sqft and a lot size of 1.65999. 503 Knox Square Drive was built in 2017. The property's zip code is 61401 which is in Galesburg, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 5/13/2026.

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503 Knox Square Drive

Commercial Property for sale in Galesburg, IL

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