REIT Sale | First Bid Meets Reserve - Former VA Outpatient Clinic | Galesburg, IL

310 Home Blvd., Galesburg, IL 61401

REIT Sale | First Bid Meets Reserve - Former VA Outpatient Clinic | Galesburg, ILREIT Sale | First Bid Meets Reserve - Former VA Outpatient Clinic | Galesburg, ILREIT Sale | First Bid Meets Reserve - Former VA Outpatient Clinic | Galesburg, ILREIT Sale | First Bid Meets Reserve - Former VA Outpatient Clinic | Galesburg, IL

This asset was part of the Nov 05, 2025 auction event

This auction has ended. Interested in additional investment opportunities?

The Exchange Fee is the greater of 5% or a minimum $25,000. Auction FAQs

REIT Sale | First Bid Meets Reserve - Former VA Outpatient Clinic | Galesburg, IL

310 Home Blvd., Galesburg, IL 61401

Asset Type: Real Estate

Estate: Fee Simple

Year Built: 2014

Number of Floors: 1

Property Size: 9,979 SF

Property Type: Office

Occupancy %: 0

Land Area: 2.1 Acres

Number of Buildings: 1

Office Type: Medical Office

Investment Highlights

  • Excellent Owner/User opportunity to acquire a well-maintained medical office asset

  • Less than 2 miles from the OSF St Mary Medical Center with 83 inpatient beds serving the greater Galesburg area

  • Immediate access to US-34 and N Henderson St allowing for larger local and regional access

  • Numerous nearby retailers, restaurants, and hotels to serve employees, clients, and/or patients

Offering Summary

Colliers, in partnership with Apex Commercial Exchange, is pleased to present for sale the 100 percent fee simple interest in the Former VA Outpatient Clinic (the “Property” or the “Asset”) located at 310 Home Blvd, Galesburg, IL, 61401. The Asset provides an Owner/User of an investor an excellent opportunity to acquire a well-maintained Asset within the market.

Built in 2013, the 9,979 square foot medical office property sits on 2.11 acres near the intersection of Home Blvd and W Carl Sandburg Dr. The Property features an excellent location with immediate access to US-34 and major thoroughfare, N Henderson St.

The Asset is located approximately 2 miles from the OSF Saint Mary’s Medical Center, which is connected to the 16-hospital OSF HealthCare system. The Medical Center features 83 inpatient beds to serve their patients, offering primary care, outpatient services, and specialty services to individuals within the greater Galesburg area.

The Property is located in close proximity to numerous national retailers and restaurants which can serve the employees, clients, and/or patients. Some major nearby retailers include Lowe’s Home Improvement, Tractor Supply Company, Target, Walmart, Menards, ALDI, Marshalls, PetSmart, Harbor Freight, Hy-Vee, The Salvation Army, Kohl’s, Slumberland Furniture, Rent-A-Center, AutoZone, Advance Auto Parts, Walgreens, and Planet Fitness. Nearby restaurants include Jersey Mike’s Subs, Subway, Little Caesars, Buffalo Wild Wings, Arby’s, Pizza Hut, Culver’s, McDonald’s, Wendy’s, KFC, Taco Bell, Dairy Queen, and a wide array of local establishments.

Additionally, the Asset is located in near multiple hotels including the Fairfield Inn & Suites, Quality Inn, and American Inn. Other draws to the area include the AMC CLASSIC Movie Theater and YMCA of Knox County.

Overall, the Asset features an excellent opportunity for an Owner/User or Investor to purchase a well-maintained Asset in a well-performing market for repositioning or re-leasing,

Auction Sale Terms

  • Non-contingent
  • Earnest Money Deposit: 10% of the Purchase Price (minimum of $20,000) due on the following day of the auction closing no later than 5pm EST
  • Exchange Fee: The Exchange Fee is the greater of 5% or a minimum $25,000

Auction FAQs

Investment Sales Broker

Barry  Swatsenbarg

Barry Swatsenbarg

Colliers

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Jonathan Katz

Jonathan Katz

Colliers

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXXXXXXXXXXXX

Bradley Carver

Bradley Carver

Colliers

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXXXXXXXXXXXXX

Tyler  Ziebel

Tyler Ziebel

Colliers

IL License: 475175808

Matt Terrace

Matt Terrace

Colliers International

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXXXXXXXXXXXXXX

ACE Auction Advisor

Kevin Lipson

Kevin Lipson

Apex Commercial Exchange

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXXXXXXXX

Cameron George

Cameron George

Apex Commercial Exchange

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXXXXXXXX

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