Galesburg, IL
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Galesburg short-term rental market based on reliable data.
Listings
19 / 43
Reliable / Active
Cap Rate
26%
Middle-Earners Gross Yield
Revenue
$24,771
Middle-Earners Revenue
Occupancy
60%
Middle-Earners Occupancy
Home Value
$95,012
Median Home Sale Price
Top Earners
$32,884
Top-Earners Revenue
Galesburg
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Galesburg.
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Generally Investor friendly
Galesburg Regulations
STRs are allowed citywide and treated as standard rentals, with simple licensing ($20/yr/unit), modest inspection obligations, and no local caps or restrictive zones; moderate compliance steps and timing windows keep it from being extremely friendly, but costs and process are manageable.
Local STR Agent
STR specialist · Galesburg, IL
About Galesburg
Galesburg is a city in Knox County, Illinois, United States. The city is 45 miles (72 km) northwest of Peoria. At the 2010 census, its population was 32,195. It is the county seat of Knox County and the principal city of the Galesburg Micropolitan Statistical Area, which includes all of Knox and Warren counties. Galesburg is home to Knox College, a private four-year liberal arts college, and Carl Sandburg College, a two-year community college. A 496-acre (201 ha) section of the city is listed on the National Register of Historic Places as the Galesburg Historic District.