Address
529 Phillips Street, Galesburg, IL
Price
$ 59,900
Property Attributes
  • MLS#PA1266300
  • TypeSingle Family
  • Listing Status Active
  • CountyKNOX
  • CityGalesburg
  • AreaPAAR Area
  • NeighborhoodEast Park Place
  • Zip61401
  • Style
  • Year Built1896
  • Taxes$ 257
  • Price$ 59,900
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage728
  • Lot Size0.09697 Acres
Data Source:
RMLS Alliance
Property Description

Discover this charming, compact single-family home in a quiet, established neighborhood of Galesburg. Perfect for a reliable rental property with immediate income potential. This 728 sq ft, 2-bedroom, 1-bath residence sits on a level lot with easy access to local amenities, schools (including Galesburg High School and Lombard Middle), and everyday conveniences. This property is currently generating $800 per month in rent (Tenant in lease until July 27' - tenant pays sewer, water and trash), delivering strong cash flow in a market where Galesburg 2-bedroom rentals average around that range or slightly higher. The appliances are staying and sold-as-is. 529 Phillips St offers tremendous value in an affordable Midwest community. Galesburg provides a welcoming small-town atmosphere with access to parks, local dining, Knox College, and major routes for commuting.Don't miss this opportunity to own a low-maintenance home with proven rental performance. Schedule a showing today and envision the possibilities.

High School
Galesburg High School
Price History
5/7/2026 Listed $69,900
5/13/2026 8$64,900
6/24/2026 8$59,900

General Features

Living Area 728
Heating Natural Gas,Forced Air
Cooling Central Air
Roof Shingle
Garage Spaces 1
Construction Materials Frame,Vinyl Siding
Year Built 1896
Levels One and One Half
Property Subtype Single Family Residence
Tax Year 2025
County Knox
New Construction No
Property Type Residential
Subdivision Name East Park Place
Garage Y/N Yes
Full Baths 1
Status Active
Directions From Losey Streetturn south onto Phillips
High School Galesburg
City Galesburg
Tax Annual Amount 257.02
Current Financing Cash,Conventional
MLS Area Minor PAAR Area
Standard Status Active
Year Built Source Public Records

Interior Features

Interior Amenities Cable Available
Basement Full,Unfinished
Total Bedrooms 2
Total Baths 1

Exterior Features

Parking Features Detached
Lot Features Level
Water Source Public Sewer,Public
Foundation Details Brick/Mortar
Building Area Total 728
Lot Dimensions 33x128
Road Surface Type Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 61401

Price
AVG $160K
$60K
Taxes
AVG $2,997
$257
Year Built
AVG 1929
1896
Visits
AVG 21
14
Data Provided by Inside Real Estate®

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