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529 Phillips Street, Galesburg, IL 61401

$69,900

2 bed | 1 full bath | 728 sq ft
MLS# 1266300
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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.

Property Details

City
Galesburg
County
Knox
Subdivision
East Park Place
Schools
  • Galesburg
Type
Residential
Garage
  • Detached
Cars
1
New Construction
No
Bedrooms
2
Full Baths
1
Square Ft.
728
Livable Square Ft.
728
Tot Basement Square Ft.
532
Apx Lot Size
33x128
Year Built
1896

Room Levels & Sizes

BsmtLowMainUppAddlTot
Full Baths000101
Half Baths000000
BsmtLowMainUppAddl
Bedroom 113x10
Bedroom 210x7
Living Room13x10
Dining Room11x10
Kitchen10x10
Laundry0x0
Third Floor

Features

Roofing
  • Shingle
Garage/Parking
  • Detached
Basement
  • Full
  • Unfinished
Heating/Cooling
  • Natural Gas
  • Forced Air
Water/Sewer
  • Public Sewer
  • Public
Kitchen/Dining
  • Dining Informal
Road/Access
  • Paved

Financials

2025 Taxes
257.02
RMLS Alliance IDX

Listing information is provided by RMLS Alliance LLC courtesy of Keller Williams Revolution, Michelle Tribe, as of 05/08/2026 17:00pm exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in renting or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.