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65 Locust St
Galesburg, IL 61401

$1,300,000 USD

Apartments For Sale  •  28,706 SF

Property Details

• Property Type Apartments
• Total Building Size 28,706 SF
• Building Class C
• Year Built 1971
• Zoning C

50 Walk Score

Highlights

Below Market Rents: $100/unit Mark-to-Market Opportunity

Strong In-Place Yield: 7.78% Going-In Cap Rate

Attractive Basis: $54,167 /unit

Desirable Townhome Layouts: 50% 2 Bedroom | 50% Three Bedroom

Amenities

• 24 Hour Access
• Controlled Access
• Heating
• Package Service
• Smoke Free
• Kitchen
• Refrigerator
• Oven
• Tub/Shower
• Freezer
• Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
Galesburg Amtrak Station (California Zephyr - Amtrak, Carl Sandburg - Amtrak, Illinois Zephyr - Amtrak, Southwest Chief - Amtrak)	2 min	16 min	0.8 mi