Galesburg, IL 61401,239 S Cherry Street
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Galesburg, IL 61401,239 S Cherry Street
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Listed by Ubaldo Diazof Real Broker, LLC
$ 750,000
Est. payment /mo
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239 S Cherry Street Galesburg, IL 61401

139,192 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Instut/To Develop

Listing Status Active

Purchase Type For Sale

Square Footage 139,192 sqft

Price per Sqft $5

MLS Listing ID 12550162

Year Built 1912

Annual Tax Amount $20,122

Tax Year 2023

Lot Size 2.700 Acres

Lot Dimensions 395X333

Property Sub-Type Instut/To Develop

Property Description

Introducing St. Mary's Square - a unique and expansive redevelopment opportunity in the heart of Galesburg, IL. Located at 239 S Cherry Street, directly across from the Knox County Courthouse and Knox College, this historic property offers 2.7 acres and approximately 139,192 square feet of space, primed for transformation. Originally home to St. Mary's Hospital and later repurposed as St. Mary's Square Living Center, this vacant property provides a blank canvas for investors and developers. With 168 total resident rooms, a Living Center, and a Boiler/Laundry Facility, the site is ideal for a multi-family residential conversion, office space, or even a rooftop restaurant with stunning city views. The property features an asphalt and concrete parking lot with space for at least 45 vehicles, ensuring convenience for future residents or tenants. Additionally, its location within an Enterprise Zone offers potential tax benefits and investment incentives, making this an even more attractive development prospect. Positioned just steps away from downtown Galesburg's amenities, including dining, shopping, and entertainment, St. Mary's Square presents an unparalleled opportunity to bring new life to this historic site. Whether you envision modern apartments, a mixed-use office space, or a vibrant community hub, this property is ready for its next chapter. Don't miss this rare chance to revitalize a landmark location-schedule a viewing today!

Location

State IL

County Knox

Zoning COMMR

Interior

Cooling None

Fireplace N

Exterior

View Y/N true

Midwest Real Estate Data (MRED) VOW
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
SCHOOLSPROPERTIES
Elementary Schools 8
  • 6

    Gale School

    Public | KG - 5

  • 5

    Steele School

    Public | KG - 5

  • 5

    Silas Willard Elementary School

    Public | KG - 5

  • 5

    King School

    Public | KG - 5

  • 4

    Nielson Elementary School

    Public | KG - 5

  • 0

    Cooke School

    Public | KG - 5

  • 0

    Costa Catholic School

    Private | PK - 8

  • 0

    Galesburg Christian School Assoc

    Private | PK - 5

Middle Schools 3
  • 5

    Churchill Jr High School

    Public | 6 - 8

  • 5

    Lombard Jr High School

    Public | 6 - 8

  • 0

    Knox County Academy

    Public | 6 - 12

High Schools 2
  • 4

    Galesburg High School

    Public | 9 - 12

  • 0

    Knox County Academy (Evening Diploma Program)

    Public | 12 - 12

School and business data provided by Attom Data.
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239 S Cherry Street