1021 Gale Lake Rd East Galesburg, IL 61430
Estimated payment $3,648/month
Highlights
- In Ground Pool
- Pond
- Ranch Style House
- 47.8 Acre Lot
- Wooded Lot
- Solid Surface Countertops
About This Home
Discover a rare gem nestled in the heart of Knox County. This 2-bedroom, 2-bathroom home set on 47.8 acres of timber in the Knoxville school district, features a private 10(?)acre lake with big bass and many other species of fish. Originally known as Highland Park, this historic property was built in the 1870s by the CB&Q Railroad as a vibrant gathering spot for picnics, boating, and concerts. Later purchased in the 1940s by Gale Products for testing outboard motors, the estate, now called Gale Lake, retains charming remnants of its past. Property Highlights: Cozy 2-bed, 2-bath residence perfect for comfortable living or a weekend retreat. Private Lake: ideal for fishing and relaxation. Expansive Land: 47.8 acres of timber, perfect for bow hunting big bucks. Tillable Acreage: Approximately 7+- acres, ideal for a food plot (used as a trap shoot in old days). Luxury Amenities: In-ground pool with auto cover and auto cleaner for effortless maintenance. Oversized Garage: Large 3-car garage for vehicles, equipment, or hobbies. Rich History: A unique blend of natural beauty and historical significance, offering a one-of-a-kind lifestyle. Whether you’re an outdoor enthusiast, a history buff, or seeking a serene escape, Gale Lake offers endless possibilities. Don’t miss your chance to own this extraordinary property!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,255
Year Built
- Built in 1950
Lot Details
- 47.8 Acre Lot
- Property fronts a private road
- Wooded Lot
Parking
- 3 Car Detached Garage
- Gravel Driveway
Home Design
- Ranch Style House
- Block Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,210 Sq Ft Home
- Gas Log Fireplace
- Blinds
- Living Room with Fireplace
- Partial Basement
Kitchen
- Eat-In Kitchen
- Microwave
- Dishwasher
- Solid Surface Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- In Ground Pool
- Pond
- Enclosed Patio or Porch
Schools
- Knoxville High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Propane
- Gas Water Heater
Listing and Financial Details
- Homestead Exemption
- Assessor Parcel Number 10-18-104-018
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,255 | $90,020 | $41,760 | $48,260 |
| 2023 | $6,255 | $81,250 | $37,690 | $43,560 |
| 2022 | $5,248 | $76,120 | $35,310 | $40,810 |
| 2021 | $4,904 | $71,810 | $33,310 | $38,500 |
| 2020 | $4,797 | $69,720 | $32,340 | $37,380 |
| 2019 | $4,724 | $68,360 | $31,710 | $36,650 |
| 2018 | $4,371 | $66,370 | $30,790 | $35,580 |
| 2017 | $4,341 | $65,720 | $30,490 | $35,230 |
| 2015 | -- | $63,800 | $29,600 | $34,200 |
| 2013 | $2,983 | $59,730 | $29,020 | $30,710 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2025 08/25/25 | For Sale | $575,000 | -- | $475 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $260,000 | Attorneys Title Guaranty Fund |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $300,000 | No Value Available |
Source: RMLS Alliance
MLS Number: PA1260432
APN: 10-18-104-018
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