The Kensington looks to be 7 stories, .44 acres; that gives it about 134,000 sq ft. There are 171 1-bed, 1-bath units, (and apparently 2-bed units) so ~800 sq f

The Kensington looks to be 7 stories, .44 acres; that gives it about 134,000 sq ft. There are 171 1-bed, 1-bath units, (and apparently 2-bed units) so ~800 sq ft per apartment. Its total property tax bill is $82,000, or about $480 per apartment, or about $1.60 per sq ft. (That's a little odd, since apartments.com shows a "similar rentals nearby" 1-bed, 1-bath apartment as $450 per mo. (But it's 250 sq ft. (OTOH, The Kensington is unlikely to be entirely devoted to apartments. YMMV.)) In comparison, the author's property (.18 ac, $1693.14 per year) is about 22¢ per sq ft. So here's my question for the author: Would you be willing to live in an 800 sq ft apartment paying 7 times more property taxes, per sq ft, or roughly 1/4 total? (Oh, by the way, The Kensington is an assisted living facility, meaning that the residents are likely paying somewhat more than $480 per month (or at least Medicare is), which is likely why they can afford $82,000 per year in property taxes rather the Kensington being an empty building. (Trying to fill downtown with assisted living facilities is an exercise for the reader.) "You could build 3 of these 18 foot wide houses and people would want to live in them and they’d be profitable for the city per the infrastructure needed." Here's a collection of 18 foot wide house plans: https://houseplans.co/house-plans/search/results/?q=&am=&ax=&wm=&wx=18&dm=&dx= https://houseplans.co/house-plans/search/results/?q=&am=&ax=... And here's realtor.com on Galesburg: https://www.realtor.com/realestateandhomes-search/Galesburg_IL https://www.realtor.com/realestateandhomes-search/Galesburg_... * https://www.apartments.com/the-kensington-galesburg-il/qyk39zy/ https://www.apartments.com/the-kensington-galesburg-il/qyk39... * https://thekensington.net/index.htm https://thekensington.net/index.htm