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Listing provided courtesy of NAI Ruhl Commercial CompanyMREDas Distributed by MLSGrid- MLS# 12633175MLS Provider

503 Knox Square DriveGalesburg, IL 61401

Commercial · 18,120 Sq. ft.
$5,900,000 Active

503 Knox Square Drive Overview

Time on Site:
60 days
Visits:
13

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.

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503 Knox Square Drive Facts & Features

  • Type Commercial
  • Sq. ft. 18,120
  • Price/Sq.ft. $326

Details

General

Association/HOA

  • Association Fee Frequency: Annually

Building Information

  • Year Built: 2017

Location/Region

  • County Or Parish: Knox
  • MLS Area Major: Galesburg
  • Township: Galesburg

Tax Information

  • Tax Annual Amount: $0.00
  • Tax Year: 2025

General Information

  • Parcel Number: 9535302005
  • Property Type: Commercial Sale

Interior

Building Interior

  • Building Area Total: 18120

General Information

  • Leasable Area: 0

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Square Feet: 72309

503 Knox Square Drive Neighborhood

Community

61401 (Galesburg) Demographics

42
Median Age
286
Population Density (per sq. mile)
30%
College Educated
$39,516
Estimated Median Income
8,062
Estimated Total Home Owners
5,432
Estimated Total Renters
60% / 40%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

503 Knox Square Drive Monthly Cost

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$ %
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$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

503 Knox Square Drive Market Data

Based on the last 30 days in this zip code

$150,623
Average List Price
$89
Average Price per Square Foot
0
Properties Sold
60
Average Days on Market
117
Properties for Sale
Calculations provided by Reliance Network

503 Knox Square Drive History

Date Event Value Agent
5/6/2026Source: MRED Status Change
Active
5/1/2026Source: MRED Added to Database
May 01, 2026