Penny Egert
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
This isnt just another bar for sale? its an opportunity you dont want to miss! Now available due to a change in the sellers plans. Crank up the music, open the patio, and let the summer nights do the rest. Already equipped with multiple gaming machines to produce income, a full bar setup, and a functional kitchen space, this property is ready for someone to step in and take it to the next level. The outdoor area features a stage perfect for live music, events, and drawing a crowd. Situated on a huge double lot with ample parking and over 3,000 cars passing by daily, the visibility and accessibility are already in place. Plus, additional tax incentives tied to the location add even more value for the next owner. With room to expand and growth happening in the area as local factories are coming alive again, the potential here goes far beyond what you see today. A locally known spot for over 50 years in Galesburg, this is your chance to create the place everybodys heading to this summer!
Property Highlights
Property Type: Commercial - Business
Building Description: 1.0 stories
Available Sqft: 1326
Year Built: 1973
General Information
County: Knox
Listed By:
Platinum Key Real Estate, LLC
Office: 309-343-1186
RMLSA
MLS ID: CA1042740
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1585 Monmouth Boulevard, Galesburg, IL 61401.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $125,000 | $125,000 | $125,000 |
| Down Payment | $25,000 | $4,375 | $31,250 |
| Monthly Mortgage Amount | $600 | $736 | $766 |
| Taxes | $174 | $174 | $174 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $55 | $0 |
| Monthly Estimated Total | $874 | $1,065 | $1,040 |
About this area
About Galesburg
Galesburg, IL—home of the Railroad Days Festival and known for its rich American history—is a leisurely town with a population of about 29,000 (2024). The town integrates the celebration of its history into its future with its family-friendly festivals and historical gatherings. Events like the annual Railroad Days show reverence for the community’s past and a dedication to its continued vibrance. Many of the buildings in Galesburg are both on the historic registry and are currently in use. Galesburg has a thriving downtown area with unique restaurants and plenty of historic places to visit. The town also has cultivated a vibrant arts scene resulting in a bustling downtown.
If you are ready to start your home buying or selling journey, browse the latest real estate listings in Galesburg, IL. You can also contact us—we are here to help!
Nearest Ruhl & Ruhl Office: Burlington, IA
403 South Gear Avenue
Suite 105
West Burlington, IA 52655
(563) 441-1776
Penny Egert
REALTOR®
Cell: (309) 269-3788
Licensed in IL & IA
Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
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