Date
Details
Price
Change
Source
8/06/2026
Listed
$49,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Located in the heart of downtown Galva, this mixed- use building offers a fantastic opportunity for both business & investment potential! The main level features a highly visible storefront with excellent traffic exposure, making it ideal for a variety of rental or service-based businesses! Inside, you'll find a spacious open retail area, back storage room, office, and a loft space providing additional storage options. An updated handicap-accessible bathroom adds convenience & functionality. The second floor includes 2 apartments that are ready for completion, offering income-producing potential. One unit is designed as a studio apartment, while the second one is a one-bedroom lay-out-both providing flexible options for rental or owner use once they are finished! With its prime location & versatile layout, this property is a rare opportunity to create a thriving business with additional income in the heart of downtown!
Full Property Details
Full Property Details for 120 Exchange St
General
- Price: $49,900
- Taxes: $1,339 (2025)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12727652
- Updated: 8/8/2026
- Added to Site: 4 day(s) ago
Location
- Area: Galva
- County: Henry
- Township: GALVA
- Driving Directions: Come into Galva on Rt 17 & follow it to Exchange St. The building is in the business district, across from Veterans Park.
Heating & Cooling
- Cooling Type: Central Air Conditioning
Structural Information
- Stories/Levels: 2
- Square Feet: 3,480
- Year Built: 1919
Lot Features
- Lot Size (Sq. Ft.): 4,908
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Assessment Year: 1919
- Tax Amount: $1,339
- Tax Year: 2025
Disclosures and Reports
- Property ID: 2428478018
Listed by Mel Foster Co. Kewanee
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Listing agent
— 120 Exchange St —
Mel Foster Co. Kewanee
NMLS#: 1598647
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Schools
Schools serving 120 Exchange St
School District:Galva Community Unit School District 224
| Name | Grades | Distance |
|---|---|---|
Galva Elementary School 224 Morgan Road, Galva, IL 61434 | K-6 | 0.6 mi |
Galva Jr-Sr High School 224 Morgan Road, Galva, IL 61434 | 7-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 120 Exchange St
Tax History
Tax History for 120 Exchange St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,339
-8%
$13,837
—
2021
$1,453
2%
$13,837
2%
2020
$1,430
—
$13,533
-2%
2019
$1,426
-1%
$13,837
—
2018
$1,434
1%
$13,837
—
2017
$1,426
3%
$13,837
5%
2016
$1,390
—
$13,178
—
2015
$1,395
5%
$13,178
—
2013
$1,325
—
$13,178
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 120 Exchange St
120 Exchange Street, Galva, IL 61434 (MLS# 12727652) is a Commercial property. 120 Exchange Street is currently listed for $49,900 and was received on August 06, 2026. Want to learn more about 120 Exchange Street? Do you have questions about finding other Commercial real estate for sale in Galva? You can browse all Galva real estate or contact a Coldwell Banker agent to request more information.