$1,068 Closing Credit¹
#PA1257670, Adam Merrick, Listing Office: Adam Merrick Real Estate
$90,000 List price
515 Franklin Ave Galesburg, IL 61401
$1,069
Closing credit¹
2 beds
1 full
1,060 sqft
$85 / sqft
House
Property details
About 515 Franklin Ave
Great 2 BR, 1 BA ranch home is ready for new owners to add a little love & increase the equity! Home boasts 2 concrete patios, shed, detached garage, full basement, replacement windows, & furnace 2021. Caretaker of home for last several months states no water issues at all since September, and basement walls have recently been scraped, cleaned, sealed, and painted! Appliances stay but aren't warranted. Selling AS-IS.
Highlights
Home typeSingle Family Residence
HeatingNatural Gas, Forced Air
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size1,060 sqft
BasementYes
Year built1955
ParkingDetached, On Street
MLS #CA1035936
Garage1 space
Summary
- Full Bathrooms: 1
- Appliances: Range Hood, Range
- Basement: Yes
- Interior: Ceiling Fan(s)
- Total Bedroom Count: 2
- Garage Space: 1 space
- Attached Garage: No
- Parking: Detached, On Street
- Exterior: Replacement Windows, Shed(s)
- Architectural Style: Ranch
- Heating: Natural Gas, Forced Air
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $90,000
- Price/SqFt: $84
- Annual Tax Amount: $2,093
- Tax Year: 2023
- Lot: Level
- Directions: Franklin Ave
- Year Built: 1955
- Living Area: 1,060 SqFt
- MLS Number: CA1035936
- MLS Name: RMLSA
- Office Name: Mel Foster Co. Galesburg
- Listing Agent: Jennifer Evans
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.
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: 5/29/2025, 5:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$90,000
515 Franklin Ave
$1,069
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 28, 2017 | Home Sold | $70,000 |
| Feb 20, 2008 | Home Sold | $57,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $28,190 | $2,093 |
| 2022 | $25,980 | $1,893 |
| 2020 | $24,510 | $1,830 |
| 2019 | $24,030 | $1,797 |
| 2018 | $23,790 | $1,767 |
| 2017 | $19,620 | $1,364 |
History based on county public records data.
Nearby schools
5
Steele School
Public District KG-4
0.5 mi
•1480 W Main St
5
Silas Willard Elementary School
Public District KG-4
1.6 mi
•460 Fifer St
2
Lombard Middle School
Public District 5-6
2.3 mi
•1220 E Knox St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $38,158. The majority of Galesburg, IL residents have income between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
45%
<35k
49%
35k-100k
6%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
39%
Single, No Kids
12%
Single, with Kids
31%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
10%
12-17 yrs old
16%
18-34 yrs old
41%
35-64 yrs old
20%
65+ yrs old
What do the neighbors do for fun?
Horse Races
Extreme Sports
Pro Boxing
Where do the neighbors shop?
Stein Mart
Sam's Club
Family Dollar
Where do the neighbors go to eat?
LongHorn Steakhouse
White Castle
Golden Corral
What do the neighbors drive?
Buick
Oldsmobile
Chevrolet
What do the neighbors listen to?
Contemporary Inspirational
Rock
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 515 Franklin Ave
The listing price of 515 Franklin Ave property is $90,000.
The property 515 Franklin Ave is a house located in Galesburg, Illinois, 61401.
Active Listing: 515 Franklin Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 515 Franklin Ave are: Steele School (GreatSchools Rating 5/10), Silas Willard Elementary 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), United Jr High School (GreatSchools Rating 6/10), 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 $2,093 (source: MLS/based on county public records data).
The last sale was on June 28, 2017 for $70,000 (source: MLS/tax record).
The property at 515 Franklin Ave has 2 bedrooms and 1 bathroom.
The property 515 Franklin Ave is 1,060 SqFt (source: MLS/tax record).
The year of construction for 515 Franklin Ave is 1955.
This home is located at 515 Franklin Ave in Galesburg, IL and zip code 61401. This 1,060 square foot home was built in 1955. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 24, 2025 and is currently priced at $90,000.
While more than 3 listings in Galesburg, IL in April 2025 were sold above asking price, there were more than 5 listings sold at asking price, and more than 17 were sold below. The number of listings in Galesburg, IL increased by 2.9% between March and April 2025. In April 2025, listings were on the market for 61 days. During the same period, the median list price in this real estate market was $100,500.
From Rocket Homes Real Estate and based on county public records data.