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Galesburg commercial property

November 15th, 2009 No comments

Galesburg Commercial PropertyThere are many types of Galesburg commercial properties available to the Illinois real estate investor. Whether searching for raw land for a commercial development, or acquiring a retail property for a growing local restaurant, there are both opportunities and challenges for the investor.

When performing due diligence in researching areas for potential Galesburg real estate investment, one of the first areas one should consider should be commercial property near Sandburg Mall. The mall is a perfect location for many business types due to its location in Galesburg and proximity to Galesburg local amenities that draw residents to the mall area.

About Galesburg, IL

Galesburg is a city of 17 square miles and a population of close to 33,000 people. Located in Knox County, Illinois, Galesburg is about an hour west of the population center of Peoria, IL. There are some great locations and values in real estate for residential and commercial development in Galesburg, and the Sandburg Mall is one worth noting.

Sandburg Mall Location

The Sandburg Mall in Galesburg is located just two miles west of I-74, just south of IL-34. It is a commercially viable district for Galesburg commercial property development in part because of its location near these two major highways. The mall sits just a few blocks south of Lake Storey, a popular lake just north of Galesburg that has homes, a park, a nearby medical center, and other amenities.

Other retail establishment

The Sandburg Mall is anchored by JC Penney, and has other retail stores such as Christopher & Banks, Bath and Body Works, Radio Shack, and the popular Sandburg Cinema. There are also numerous local restaurants and national restaurant chains to bring locals to town for food. Some of the restaurants in the vicinity are Applebees, Perkins, and Acapulco, with fast food fare such as Arby’s and Pizza Hut.

For the investor or small business wanting to expand operations into an established area for a new real estate development, property near Sandburg Mall may be the perfect choice.