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- LoopNet Team
1966 N Henderson St
Galesburg, IL 61401
Retail Property For Sale
PROPERTY FACTS
- Restaurant
- General Retail Freestanding
About 1966 N Henderson St , Galesburg, IL 61401
This Applebee’s is located at 1966 North Henderson Street in Galesburg, Illinois. Galesburg is the county seat of Knox County. The City of Galesburg is located on Interstate 74 in Northwest Illinois and is approximately 50 miles east of the Mississippi River. The city is also located 45 miles northwest of Peoria. Surrounding Retail and Points of Interest The subject property is strategically positioned in a dense retail corridor benefiting from its proximity to major national and local tenants. Major national tenants located in the surrounding area include: Target, JCPenney, Subway, Pizza Hut, Staples, Lowe’s Tractor Supply Co, Wells Fargo, Arby’s Big Lots!, Walgreens, as well as many others. Galesburg High School, Gale Elementary School, and Costa Catholic School are all located within two miles of the subject property. Total enrollment at these schools is more than 2,000 students. Galesburg Cottage Hospital, a 173-bed general hospital, is located less than two miles from the subject property. The subject property is located less than five miles from Galesburg Municipal Airport. The airport experiences on average 15,000 annual flight operations. Traffic Counts and Demographics There are approximately 28,833 individuals residing within a three-mile radius of the property and more than 34,034 individuals within a five-mile radius. The subject property is located on North Henderson Street, and benefits from its proximity to US-34 West. The average daily traffic counts are 17,200 and 11,900 vehicles respectively. Galesburg, Illinois Knox County benefits from a variety of competitive advantages, including Transportation Infrastructure, Regional Water Supply and Agricultural Resources, as well as a Regional Education Center. 7 class-1 rail lines enter Galesburg and converge at the BNSF classification yard in Southeast Galesburg. Strategic grade separations within the city allow trains to get in and out of the city quickly and easily without disrupting local automobile traffic. Over 100 trains enter and leave the community each day. The Knox County Area is served by Interstate 74 running from Indianapolis and the Quad Cities and by Interstate 80 connecting Des Moines and Chicago. Galesburg is conveniently located approximately 45 minutes from both Peoria International Airport and Quad Cities International Airport. The Area is also home to a wealth of agricultural resources. When combined with other assets such as regional education centers and our transportation infrastructure, the area becomes competitive for ag-related projects such as R&D and food processing. The Area imbedded with strong educational institutions that provide a consistent talent pipeline to employers in the region. Combined, these educational institutions have over 25,000 students enrolled annually.
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PROPERTY TAXES
Parcel Number | 99-04-276-002 | Improvements Assessment | $897,500 |
Land Assessment | $114,870 | Total Assessment | $1,012,370 |
PROPERTY TAXES
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Listing ID: 11342868
Date on Market: 1/23/2018
Last Updated:
Address: 1966 N Henderson St, Galesburg, IL 61401
The Retail Property at 1966 N Henderson St, Galesburg, IL 61401 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.