708-568-0068
239 S Cherry St, Galesburg, IL for Sale
Health Care - FOR SALE
1/9
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239 S Cherry St
Galesburg, IL 61401


HIGHLIGHTS

  • 239 S Cherry Street is a vacant, former senior living facility originally constructed for 168 beds, covering 139,192 square feet on five floors.
  • About an hour’s drive to Peoria via Interstate 74, Galesburg is the county seat of Knox County, home to many large employers.
  • While the building was designed and utilized as a skilled nursing facility, it is prime for significant redevelopment as a multifamily property.
  • Situated across the street from Knox College, a private liberal arts college with an 11:1 faculty-to-student ratio.
  • Just outside of Downtown, Cherry Street is convenient to the retail corridors' national tenants and shopping centers.
  • Burlington Northern Santa Fe (BNSF) is the largest employer in Galesburg, Illinois.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Redevelopment Opportunity In Enterprise Zone

PROPERTY TYPE

Health Care

ADD'L SUBTYPES

Assisted Living, Congregate Senior Housing, Rehabilitation Center

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

C

YEAR BUILT

1912

SPRINKLERS

-

PARKING SPACES

47

LAND DETAILS

LAND ACRES

2.7 AC

LAND SF

117,612 SF

ZONING

NEC

APN/PARCEL ID

99-15-233-013

ASK ABOUT THIS PROPERTY

Ubaldo DiazThe Forward Group brokered by Real Broker, LLCMore Info
708-568-0068

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Ubaldo DiazThe Forward Group brokered by Real Broker, LLCMore Info
708-568-0068

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.