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$95,000

260 N Broad St Galesburg, IL 61401

0.3 acres
Multi-Family

Property details

About 260 N Broad St

Exceptional Investment Opportunity. This property is conveniently located near Galesburg's downtown area. All four units are currently rented with either 1 year leases or beyond to month to month. Two units have been fully renovated and 2 have been updated since current owner purchased property. Electric baseboard heaters were also incorporated into all units so tenant pays own heat and electric. Owner pays all and gas and electric for common areas/outside only. Owner's total is combined and listed under gas expense. There are 2 small rooms that could be finished for storage, laundry or studios and possibly some additional income

Highlights

Home typeMulti Family
HeatingForced Air, Natural Gas, Other
StatusActive
BasementYes
Lot size0.27 Acres
Year built1900
ParkingOther
MLS #CA1035494

Summary

  • Basement: Yes
  • Parking: Other
  • Heating: Forced Air, Natural Gas, Other
  • List Price: $95,000
  • Annual Tax Amount: $1,581
  • Tax Year: 2023
  • Lot: Level
  • Directions: N Broad to 260
  • Year Built: 1900
  • Lot Size: 0.27 Acres
  • MLS Number: CA1035494
  • MLS Name: RMLSA
  • Office Name: Western Illinois Realty LLC
  • Listing Agent: LeAnne McKee

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2025 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 12:50:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Apr 29, 2022
Home Sold
$61,000

Tax history

YearAssessmentProperty Tax
2023$16,660$1,581
2022$16,660$1,578
2020$16,660$1,647
2019$16,660$1,660
2018$17,790$1,767
2017$17,790$1,782

History based on county public records data.

Nearby schools

5

Silas Willard Elementary School

Public District KG-4

0.9 mi

460 Fifer St

5

Steele School

Public District KG-4

1.2 mi

1480 W Main St

2

Lombard Middle School

Public District 5-6

1.3 mi

1220 E Knox St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $16,218. Residents of Galesburg, IL typically earn less than $<35k each year. Most families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

74%
<35k
22%
35k-100k
4%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

68%
Single, No Kids
19%
Single, with Kids
7%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
8%
12-17 yrs old
34%
18-34 yrs old
34%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • UFCUFC
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Chico'sChico's

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Burger KingBurger King
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • DodgeDodge
  • BuickBuick
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 260 N Broad St

The listing price of 260 N Broad St property is $95,000.

The property 260 N Broad St is a multi located in Galesburg, Illinois, 61401.

Active Listing: 260 N Broad St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 260 N Broad St are: Silas Willard Elementary School (GreatSchools Rating 5/10), Steele School (GreatSchools Rating 5/10), Lombard Middle School (GreatSchools Rating 2/10), Knoxville Jr High School (GreatSchools Rating 3/10), Central Intermediate School (GreatSchools Rating 5/10), Williamsfield Middle School (GreatSchools Rating 3/10), Galesburg High School (GreatSchools Rating 2/10), Knoxville Sr High School (GreatSchools Rating 7/10), Abingdon-Avon High School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2023 is $1,581 (source: MLS/based on county public records data).

The last sale was on April 29, 2022 for $61,000 (source: MLS/tax record).

The year of construction for 260 N Broad St is 1900.

This home is located at 260 N Broad St in Galesburg, IL and zip code 61401. Features: 0 bathroom. It has been listed on Rocket Homes since April 4, 2025 and is currently priced at $95,000.

In June 2025, from all listings sold in Galesburg, IL there were more than 9 sold above asking price, over 10 sold below and more than 12 were sold right at the asked price. Between May and June 2025, Galesburg, IL real estate market has seen decrease in the number of listings by 1.6%. In June 2025, listings were on the market for 11 days. During the same period, the median list price in this real estate market was $108,000.

From Rocket Homes Real Estate and based on county public records data.

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