529 Phillips Street
Galesburg, IL 61401
2
Bed
1
Bath
728Sqft
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 1 Full Baths: 1Room Information
Has Basement: Yes Basement: Full, Unfinished -
Roofing Information
Shingle -
Interior Features
Roof: Shingle -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1896 Building Area Total: 728 Construction Materials: Frame, Vinyl Siding Patio And Porch Features: Deck, Porch Private Pool: No Association Fee Frequency: Monthly
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Lot Information
Lot Dimensions: 33x128 Lot Description: LevelProperty Information
Subdivision: East Park Place Source Property Type: Residential MLS Area Minor: PAAR Area Property SubType: Single Family Residence Levels: One and One Half Property Age: 130
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Listing Price Information
Listing Price: $59900 Original Price: $69900
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Tax Information
Parcel Number: 99-11-427-011 Tax Year: 2025 Annual Tax: $257.02 Tax Legal Desc: EAST PARK PLACE LOT 23 BLK 3
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Parking Information
DetachedGarage Information
Has Garage: Yes Garage Space: 1Homeowners Association InformationHas Association: Yes
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School Information
Elementary School:Junior High School:Senior High School: Galesburg -
Utility Information
Cable Available -
Location Information
Direction: From Losey Streetturn south onto Phillips WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 811 E Knox Street, Galesburg, IL, 61401 | $74,900 | 6 | 2 | 936 | 936 SqFt |
| 404 W 1st Street, Galesburg, IL, 61401 | $61,500 | 3 | 1 | 1,604 | 1,604 SqFt |
| 649 Indiana Avenue, Galesburg, IL, 61401 | $189,500 | 4 | 2 | 1,888 | 1,888 SqFt |
| 853 N Cedar Street, Galesburg, IL, 61401 | $35,000 | 2 | 2 | -- | |
| 192 Potawatomi Road, Galesburg, IL, 61401 | $259,900 | 4 | 3 | 2,413 | 2,413 SqFt |
| 59 N Elm Street, Galesburg, IL, 61401 | $53,000 | 1 | 2 | 1,440 | 1,440 SqFt |
| 15 Chestnut Street, Galesburg, IL, 61401 | $32,000 | 2 | 1 | 1,204 | 1,204 SqFt |
| 1715 Meadow Lark Drive, Galesburg, IL, 61401 | $219,900 | 4 | 2 | 2,124 | 2,124 SqFt |
| 1639 Meadow Lark Drive, Galesburg, IL, 61401 | $220,000 | 4 | 2 | 2,384 | 2,384 SqFt |
| 568 Knox Hwy 26, Galesburg, IL, 61401 | $265,000 | 3 | 2 | 1,897 | 1,897 SqFt |
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Nearby For Sale
Based on information submitted to the MLS GRID as of 07/18/2026 @ 07:43. 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.
ByOwner last updated this listing 07/18/2026 @ 07:43
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