$695,000
- 4 Beds
- 3 Baths
1424 245th Ave, Galesburg, IL 61401
Brent Reneau Whitetail Properties Real Estate LLC
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Galesburg, IL Multifamily Homes & Duplexes for Sale
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1424 245th Ave, Galesburg, IL 61401
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Explore Galesburg
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$65,000
- 3 Beds
- 1,353 Sq Ft
113 Duffield Ave, Galesburg, IL 61401
This investment duplex has many updates and is awaiting your finishing touches! Lower unit offers a living room with an abundance of natural light, 2 bedrooms and an eat-in kitchen with ample storage. The upstairs unit offers new flooring, a spacious living room, an eat-in kitchen, 1 bedroom and a bathroom with built in storage. The units are metered separately. Schedule your private showing
Laura Litton Platinum Key Real Estate, LLC
113 Duffield Ave, Galesburg, IL 61401
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$49,900
- 4 Beds
- 1,494 Sq Ft
772 Monmouth Blvd, Galesburg, IL 61401
Upper/Lower duplex has front common entry & side separate doors. Each unit has 2 bedrooms, 1 bath, & kitchens. Lower unit has dinging room & upper unit has walk in closet & kitchen pantry. According to previous listing vinyl siding 2002 or 2004 & Roof 2006. Corner lot, detached 1 car garage w/ 2 additional parking spots. New kitchen counter to lower level, New furnace 2025 & water heater 2025.
Jennifer Evans Mel Foster Co. Galesburg
772 Monmouth Blvd, Galesburg, IL 61401
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$95,000
- 4 Beds
- 2,936 Sq Ft
260 N Broad St, Galesburg, IL 61401
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.
Leanne Mckee Western Illinois Realty LLC
260 N Broad St, Galesburg, IL 61401
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$52,000
- 4 Beds
- 1,648 Sq Ft
1136 Grand Ave, Galesburg, IL 61401
Income property opportunity! Check outer this 2 story, 2 unit home in Galesburg. Property is situated on a corner lot with dedicated driveway accessing both streets. Units are split up and down. Downstairs unit offers full kitchen, 2 bedrooms, large living room and full bath plus access to the basement. Two entrances, front and rear. Upper unit offers 2 bedrooms, full bath, kitchen, and living
Tim Eagle CENTURY 21 Tucker Swanson
1136 Grand Ave, Galesburg, IL 61401
Why Live in Galesburg
Galesburg, Illinois, is a small city known for its historical significance and rural charm, surrounded by expansive cornfields. As the county seat of Knox County, it has deep roots as a former railroad hub and a stop on the Underground Railroad. Despite a declining population, Galesburg continues to attract those seeking a tight-knit community with affordable housing options. The city features a range of home styles, including Victorian mansions, Colonial Revivals, and American Foursquares, with prices significantly below the national median. Galesburg's economy is still influenced by the railroad industry, with BNSF Railway as the largest employer. The city is well-connected, with Amtrak providing daily service to and from Chicago, and proximity to larger cities like Davenport and Peoria via Interstate 74. Lake Storey Park offers recreational features such as a public beach, baseball fields, and mountain biking trails. The National Railroad Hall of Fame, under construction, will complement the existing Galesburg Railroad Museum and the annual Railroad Days Festival. Downtown, the Seminary Street Historic District is a cultural hub with a growing arts scene, while Knox College contributes to the city's educational landscape. Crime rates in Galesburg have decreased, aligning with national averages. However, residents should be mindful of the higher-than-average risk of tornadoes and windstorms due to the city's location in Tornado Alley.
Home Trends in Galesburg, IL
On average, homes in Galesburg, IL sell after 194 days on the market compared to the national average of 70 days. The median sale price for homes in Galesburg, IL over the last 12 months is $279,500, up 50% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$279,500
Median Single Family Sale Price
$161,500
Average Price Per Sq Ft
$95
Number of Homes for Sale
3
Last 12 months Home Sales
6
Months of Supply
6.00
Median List Price
$157,500
Median Change From 1st List Price
12%
Median Home Sale Price YoY Change
50%
In Galesburg, there are currently 5 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $49,900 to $695,000, there's a range to accomodate every budget. As of July, 2025 the median home price in Galesburg is $157,500, while the average sale price is $271,000, offering insights into the local housing market. On average, multi-family homes spend 194 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Galesburg, IL.
Galesburg Types of Homes for Sale
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