Property photo 1
2 Beds
1 Bath
728 sqft

$59,900

529 PHILLIPS Street, Galesburg IL, 61401

Price per sqft$82.28
Built in1896
Property size728 sqft
Property typeResidential
Courtesy of Keller Williams Revolution, Listing Contact:

Overview

Active

Listed May 8, 2026

Updated 3 weeks ago

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.

$399/mo

Est. mortgage payment based on a $59,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PA1266300

Interior Features

Bedrooms
2
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$257
Tax Frequency
Annually
Garage
Yes
55+/Senior Community
No
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Listings courtesy of RMLS Alliance as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 3:55 AM UTC on 9/18/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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