NOT LISTED FOR SALE

1693 State Highway 164 Galesburg, IL 61401

Estimated Value: $517,754

-- Bed
-- Bath
-- Sq Ft
2.47 Acres

About This Home

As of September 2022

14,400 sq.ft. of warehouse/light manufacturing space available for lease - zoned Light Industrial and offers high visibility plus signage. Site is conducive to warehouse or light manufacturing uses. Overhead doors, and loading dock in place. Additional 7,200 sq.ft. of space available. Situated on US State Highway 164 with easy access to I-34 Corridor located between Galesburg and Monmouth Communities.

Last Agent to Rent the Property

Thomas Knapp

RE/MAX Preferred Properties License #471003323 Listed on: 02/12/2020

Last Renter's Agent

Katrina Boys

IN BETWEEN OFFICES License #471018963

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $11,842

Year Built

  • Built in 1995

Lot Details

  • 2.47

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for insurance, janitorial, trash, gas, electric

Property Details

Property Type

Other

Est. Annual Taxes

$11,842

Year Built

Built in 1995

Lot Details

0

Rental Info

  • Landlord Contribues T I: Yes
  • Monthly Lease Rate: 2000
  • Lease Type: Gross
  • Sale Lease Includes: Building
  • Tenant Pays: Insurance, Janitorial, Trash, Gas, Electric
  • Terms Lease: 2 Years, 3 Years, 4 Years, 5 Years, Yearly
  • Annual Lease per Sq Ft: 24000

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial
  • Lvt Date: 02/12/2020
  • Year Built: 1995
  • Handicap Modified: Unknown
  • Three Phase: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Maximum Ceiling Ht Feet: 20
  • Min Ceiling Ht Feet: 16
  • Total Building Sq Ft: 29695
  • Estimated Lot Sq Ft: 2.47 acres +/-

Exterior Features

  • Exterior Finish: Brick, Steel
  • Frontage Access: State Road
  • Insulation: Unknown
  • Roof Construction: Metal
  • Wall Construction: Steel/ST Fram

Utilities

  • Electric Company: Ameren IP
  • Cooling: None
  • Heating: Forced Air, Gas
  • Water Supply: Private Well
  • Gas Company: Ameren IP
  • Water Company: Well

Association/Amenities

  • Amenities: Other Amenities

Lot Info

  • Estimated Number of Acres: 2.47
  • Zoning: Commercial
  • Estimated Land Size: 2.47 acres +/-
  • Geo Subdivision: IL
  • Property Use: Distribution Warehouse, Flex Space, Manufacturing, Warehouse

Tax Info

  • Annual Taxes: 11842
  • Parcel Id Number Tax Id: 0401400300
  • Tax Incentive: None
  • Tax Year: 2019

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2022 09/20/22 Rented $180,000 -- --
02/15/2021 02/15/21 For Rent -- -- --
02/13/2021 02/13/21 Off Market -- -- --
02/12/2020 02/12/20 For Rent -- -- --
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

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 $13,347 $185,220 $2,820 $182,400
2023 $13,347 $175,170 $2,670 $172,500
2022 $12,464 $162,870 $2,480 $160,390
2021 $11,598 $156,280 $2,380 $153,900
2020 $11,840 $156,280 $2,380 $153,900
2019 $11,916 $156,280 $2,380 $153,900
2018 $11,842 $156,280 $2,380 $153,900
2017 $11,803 $156,280 $2,380 $153,900
2016 $11,949 $156,280 $2,380 $153,900
2015 -- $156,280 $2,380 $153,900
2014 -- $156,280 $2,380 $153,900
2013 -- $156,280 $2,380 $153,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMACA997999

RMLS Alliance

APN: 04-014-003-00