Contact us: 563.441.1776
Description
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.
Property Highlights
Property Type: Residential - Single Family
Total Living Area SF: 728
Garage Size: 1
Built in 1896
High School: Galesburg
General Information
Bedrooms: 2
Bathrooms: 1
Sqft: 728
County: Knox
High School: Galesburg
Subdivision: East Park Place
Listed By:
Keller Williams Revolution
RMLSA
MLS ID: PA1266300
Room Information
Bedroom 1: 13.3 X 10 Level - Upper
Bedroom 2: 10 X 7 Level - Upper
Living Room: 13.2 X 10.2 Level - Main
Dining Room: 10.8 X 10.4 Level - Main
Kitchen: 10 X 9.6 Level - Main
For Details, Contact
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For Details, Contact
Contact an agent to learn more about
529 Phillips Street, Galesburg, IL 61401.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $64,900 | $64,900 | $64,900 |
| Down Payment | $12,980 | $2,272 | $16,225 |
| Monthly Mortgage Amount | $320 | $398 | $404 |
| Taxes | $90 | $90 | $90 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $29 | $0 |
| Monthly Estimated Total | $510 | $617 | $594 |
About this area
About Galesburg
Galesburg, IL—home of the Railroad Days Festival and known for its rich American history—is a leisurely town with a population of about 29,000 (2024). The town integrates the celebration of its history into its future with its family-friendly festivals and historical gatherings. Events like the annual Railroad Days show reverence for the community’s past and a dedication to its continued vibrance. Many of the buildings in Galesburg are both on the historic registry and are currently in use. Galesburg has a thriving downtown area with unique restaurants and plenty of historic places to visit. The town also has cultivated a vibrant arts scene resulting in a bustling downtown.
If you are ready to start your home buying or selling journey, browse the latest real estate listings in Galesburg, IL. You can also contact us—we are here to help!
Nearest Ruhl & Ruhl Office: Burlington, IA
403 South Gear Avenue
Suite 105
West Burlington, IA 52655
(563) 441-1776
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 purchasing. Information on this site was last updated 05/24/2026. The listing information on this page last changed on 05/24/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 05/24/2026 12:51:40 PM EST) or MRED MLS (last updated Sun 05/24/2026 12:48:44 PM EST) or SCWMLS (last updated Sun 05/24/2026 12:50:48 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Sun 05/24/2026 12:02:51 PM EST) or Cedar Rapids MLS (last updated Sun 05/24/2026 12:49:47 PM EST) or NEIRBR MLS (last updated Sun 05/24/2026 12:49:58 PM EST) or ICAAR MLS (last updated Sun 05/24/2026 12:47:45 PM EST) or ECIMLS (last updated Sun 05/24/2026 12:48:31 PM EST) or RMLSA (last updated Sun 05/24/2026 12:40:57 PM EST) or Muscatine MLS (last updated Sun 05/24/2026 12:46:57 PM EST) or No Coast MLS (last updated Sun 05/24/2026 12:44:20 PM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Based on information submitted to the MLS GRID. 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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