Kelsey Fagan

341 Spring Street, Galena, IL 61036

$419,000
  • 341 Spring Street, Galena, IL 61036 Main Photo

19 Total Photos [Click to View All]

New to the Market Active
BEDS4 BATHS4 full SQUARE FEET2,096 MLS#202602119
STATUSActive PROPERTY TYPEResidential - Single Family SCHOOLGalena

Property Description

Rare opportunity to acquire a fully operational, income-producing commercial property with additional buildable land and ample parking-offering immediate cash flow and long-term upside. Unlock the potential of this versatile commercial property, currently operating as Greenbriar Suites, offering multiple income and redevelopment opportunities in one prime package. Zoned commercial and situated on 0.46 acres (including two additional buildable lots), this property is ideal for continued use as a bed & breakfast, or conversion to professional offices, boutique retail, or other business ventures. The property includes four private guest suites, each with its own exterior entrance, full bath, gas fireplace, and furnishings (included if desired)-well-suited for short-term rentals or easily adapted for individual office or retail use. Operational features include zoned heating, two 50-gallon gas water heaters, and a large laundry room, all of which support efficient day-to-day operations. Guests and clients will appreciate 10 dedicated parking spaces, along with a charming rear deck/patio that enhances the overall experience. The building is currently configured in conjunction with the owner's residence to meet inn requirements. While the residence is not included in this listing, it may be purchased separately by the buyer of the suites, creating a unique opportunity for a live/work setup or expanded hospitality use. With flexible zoning, strong infrastructure, ample parking, and additional buildable land, this property presents a rare chance to own, operate, or reimagine a business in a high-demand setting.

341 Spring Street | MLS# 202602119

This single family home located at 341 Spring Street, Galena, IL 61036 is currently listed for sale with an asking price of $419,000. This property has 4 bedrooms and 4 full baths with 2096 sq. ft. Spring Street is located within the Galena school district. Search Galena real estate on kelseyfagan.dickersonnieman.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Cooling: Central Air, Zoned
Fireplaces: 4
Heating: Forced Air, Zoned, Natural Gas
Home Style: Bed & Breakfest
Lot Size: 0.46 Acres
Roof Type: Shingle
Taxes: $8,454

Appliances

Dryer
Washer
Water Softener Rented

Feature Descriptions

Basement: Partial
Exterior: Siding, Wood
General Features: County Taxes, Deck, Main Floor Primary, Laundry Basement
Land features: City/Town
Sewer: City/Community
Water: City/Community

Room Sizes

Bedroom 1: 23'5 X 14'9 Level - Main
Bedroom 2: 22'2 X 14'10 Level - Main
Bedroom 3: 23'5 X 14'9 Level - Upper
Bedroom 4: 20' X 13'8 Level - Upper

Local Schools

School District: Galena

Listed By / Shown By

Listed By

Agency Name: DC Rise Real Estate

Shown By

Agent Name: Kelsey Fagan
Agent Phone: (815) 601-5588
Agency Title: Dickerson & Nieman Realtors

IDX logo

Estimate Your Payment

Estimated Payment

$ 1,759.22 per month $932.51 Principal & Interest $704.50 Property Tax $122.21 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel