Primary listing photo

529 Phillips St, Galesburg, IL, 61401

2beds
1baths
728sqft
$64,900
$89price/sqft
$612/moest. monthly cost
$24,480/yrincome needed

About This Home

COMING SOON! Discover this charming, compact single-family home in a quiet, established neighborhood of Galesburg. Perfect for first-time homebuyers seeking an affordable entry into ownership or savvy investors looking 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. The home offers a practical layout ideal for comfortable living or steady tenancy.This property is currently generating $825 per month in rent, 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.Whether you envision personalizing it as your own cozy retreat. Complete with a porch and deck for outdoor enjoyment or continuing its role as a hassle-free rental, 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.

Getting Around

35
WalkingCar-Dependent
0
TransitVery Limited Transit
45
BikeSomewhat Bikeable

Schools

3/10
Lombard Middle SchoolGrades 5-61.0 mi
4/10
Churchill Jr High SchoolGrades 7-82.2 mi
1/10
Galesburg High SchoolGrades 7-122.2 mi

Construction

Condition

  • Year built: 1896

Materials

  • Foundation: Brick/Mortar
  • Roof: Shingle
  • Construction materials: Frame,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence,Residential

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedroom1

  • Level: Upper
  • Dimensions: 13ft 3in x 10ft 0in

Bedroom2

  • Level: Upper
  • Dimensions: 10ft 0in x 7ft 0in

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 728
  • Total interior livable area: 728 sqft

Kitchen

  • Level: Main
  • Dimensions: 10ft 0in x 9ft 6in

Laundry

  • Level: Basement

Living Room

  • Level: Main
  • Dimensions: 13ft 2in x 10ft 2in

Main Level

  • Area: 532

Other

  • Level: Main
  • Dimensions: 10ft 8in x 10ft 4in

Upper Level

  • Area: 196

Property

Details

  • Parcel number: 9911427011

Features

  • Patio & porch: Deck,Porch

Lot

  • Lot size: 4,224 sqft
  • Features: Level
  • Lot size dimensions: 33 x 128

Parking

  • Total spaces: 1
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1