349 Spring Street

Galena, IL 61036

$537,000
Price
8
Beds
8
Baths
3,160 Sq. Ft.
$170 / Sq. Ft.
3,160
Sq. Ft.
$170
per Sq. Ft.

Description

Turnkey Business Opportunity – Price Reduced! Own a piece of Galena’s rich history and a successful hospitality business with this stunning 8-bedroom, 8-bathroom historic inn, built in 1838. Ideally located just steps from Galena’s bustling Main Street, with ample parking in a private lot. This well-preserved property has been thoughtfully transformed into a thriving boutique hotel, offering a perfect blend of historic charm and modern conveniences for today’s independent traveler. Each of the eight...Turnkey Business Opportunity – Price Reduced! Own a piece of Galena’s rich history and a successful hospitality business with this stunning 8-bedroom, 8-bathroom historic inn, built in 1838. Ideally located just steps from Galena’s bustling Main Street, with ample parking in a private lot. This well-preserved property has been thoughtfully transformed into a thriving boutique hotel, offering a perfect blend of historic charm and modern conveniences for today’s independent traveler. Each of the eight private suites features its own ensuite bath, ensuring guest comfort and privacy. The inn has been newly equipped with modern amenities like Ecobee smart thermostats, smart locks with keypad and key entry, smart TVs, mini-fridges with freezers, Keurig coffee makers, and eco-friendly toiletries from Public Goods, making it a favorite among discerning guests. Select rooms with a private entrance are also pet-friendly, broadening its appeal to a wide range of travelers. The inn's business operations are designed for ease and efficiency with online booking systems and minimal hands-on management. Guests enjoy shared spaces such as full kitchen, dining room, cozy lounge, and picturesque outdoor areas that offer a variety of relaxation options—from lounging in the canopy bed on the screened-in-porch with a book to gathering around the campfire for s'mores or enjoying picnics at the outdoor tables. The sale includes not just the property, but also the established and profitable business, complete with furnishings, decor, linens, towels, website offering direct bookings, a loyal customer base, and excellent reviews. With the road construction coming to a completion and private parking walkable to Galena’s shops, restaurants, and entertainment, the inn is perfectly situated to attract visitors seeking both history and convenience. Whether you're an investor looking to expand your portfolio or an entrepreneur ready to step into a turnkey hospitality business, this historic inn offers tremendous potential. With flexible rental options, it’s perfect for weekend travelers, wedding parties, and large groups. This property has been rezoned to downtown commercial, offering the option for retail, a restaurant, spa, or whatever else you can dream up (with city approval). Don’t miss this rare opportunity to own a piece of Galena’s history while running a successful boutique hotel. Contact us today to explore this unique investment in both real estate and hospitality! Business financials available upon request from qualified buyers. Seller is a licensed real estate agent.
  1. Listed by Ginger Zambrano • DC Rise Real Estate
    C: (815)-599-2980 gzambrano@dcrisere.com
  2. Listed by Amanda Barker • DC Rise Real Estate
    C: (608)-345-3857 abarker@dcrisere.com

Property Details for 349 Spring Street

Style
Bed & Breakfest
Garage
0.0
Garage Type/Driveway
Gravel, None
LISTING UPDATED: 12/05/2024 01:29 PM

Property Details for 349 Spring Street

StatusActive And Available
MLS #202405927
Days on Market66
Taxes$10,770 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeHouse / House
Year Built1838
Lot Size0.24 AC / 10,454 SF
CountyJo Daviess County

Building Information for 349 Spring Street

Stories-Year Built1838Building Size-Lot Size0.24 AC / 10,454 SF

Property Information for 349 Spring Street

Summary
Location and General Information
  • Grid: Jo Daviess County
  • City: GALENA
  • State: IL
  • Zip: 61036
  • Address: 349 Spring Street
  • County: Jo Daviess County
  • Zip Code: 61036
  • Elementary School 2: Galena
  • Year Built: 1838
  • School District: Galena
  • Elementary School 1: Galena
  • Middle School: Galena
  • High School: Galena
  • Township: JDC22-West Galena
Taxes and HOA
  • HOA Fee: $0
  • Tax Year: 2023
  • Taxes: $10,770
Property
Lot Information
  • Lot Acreage: 0.24
  • Property Type: City/Town
  • Road Frontage: City/Town, Hard Surface Road, State Highway
  • Est Below Grade Fin SqFt: 0
  • Est Main Sq. Ft.: 1584
  • Est Total Finished Sq. Ft.: 3160
  • Est Above Grade SqFt: 3160
Property and Assessments
  • Class: HOUSE
  • Type: House
  • Status: ACTIVE and AVAILABLE
  • Ownership Type: Fee Simple
  • PIN: 432210063500
  • HUD: No
  • Est Upper Sq. Ft.: 1584
Utilities
  • Water: City/Community
  • Sewer: City/Community
  • Electric: Circuit Breaker
Interior and Exterior Features
Exterior Features
  • Exterior: Brick/Stone, Wood, Stucco
  • General Features: Central Vac., County Taxes, Main Floor Primary, Security System, Fire-Pit/Fireplace, Laundry Basement, Porch Screened
  • Roof: Shingle
Interior Features
  • Stove/Range Fuel: Electric
  • Fireplace Type: Gas
  • Basement: Yes
  • Basement Type: Partial
  • Water Heater: Natural Gas
  • Bedrooms: 8
  • Full Baths: 8
  • Half Baths: 0
  • Number of Fireplaces: 3
  • # Full Baths Upper Lvl: 5
  • # 1/2 Baths Upper Lvl: 0
  • # Full Baths Main Lvl: 3
  • # 1/2 Baths Main Lvl: 0
  • # Full Baths Lower Lvl: 0
  • # 1/2 Baths Lower Lvl: 0
  • Total Baths: 8.0
  • Fireplace: Yes
  • Heating: Forced Air, Zoned, Natural Gas
  • Cooling: Central Air, Zoned
  • Appl Stay/Incl: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer, Water Softener Rented
  • Interior Features: Book Cases Built In, Ceiling Fans/Remotes, Window Treatments
Room Information
Bedroom 2
  • Bedroom 2 Length: 12.8
  • Bedroom 2 Width: 13.6
  • Bedroom 2 Level: Main
Bedroom 3
  • Bedroom 3 Length: 15.3
  • Bedroom 3 Width: 11.6
  • Bedroom 3 Level: Upper
Bedroom 4
  • Bedroom 4 Length: 13.11
  • Bedroom 4 Width: 13
  • Bedroom 4 Level: Upper
Dining Room
  • Dining Room: Yes
  • Dining Room Length: 13.3
  • Dining Room Width: 12.7
  • Dining Room Level: Main
Family Room
  • Family Room: No
Kitchen
  • Kitchen Length: 12
  • Kitchen Width: 24
  • Kitchen Level: Main
Living Room
  • Living Room: Yes
  • Living Room Length: 12.7
  • Living Room Width: 13.3
  • Living Room Level: Main
Recreation Room
  • Rec Room: No
Additional Rooms
  • Addl Room 5 Length: 13.1
  • Addl Room 5 Width: 13.0
  • Addl Room 5 Name: Bedroom 5
  • Addl Room 5 Level: Upper
  • Addl Room 6 Name: Bedroom 6
  • Addl Room 6 Level: Upper
  • Addl Room 6 Length: 13.1
  • Addl Room 6 Width: 12
  • Addl Room 7 Name: Bedroom 7
  • Addl Room 7 Level: Upper
  • Addl Room 7 Length: 13.1
  • Addl Room 7 Width: 12
  • Addl Room 8 Name: Bedroom 8
  • Addl Room 8 Level: Main
  • Addl Room 8 Length: 12.9
  • Addl Room 8 Width: 13.6
Rental
Rent Information
  • Lease: No

Property History for 349 Spring Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 349 Spring Street

Taxable ValueLand$2,880Additions$112,522Total$115,402
Tax Record2022$10,771 ($898 / month)
Home Facts
Beds0Lot Size10,019 SqFtStyleSingle Family ResidenceCountyJO DAVIESSAPN22-100-635-00

Schools near 349 Spring Street

This home is within Galena Community Unit School District 120.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Galena Primary School
PublicPK to 4

Galena Middle School
Public5 to 8

Galena High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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349 Spring Street is a single family home for sale in Galena, IL 61036. This property was listed for sale on October 16, 2024 by DC Rise Real Estate, it's currently listed at $537,000. It has been on the market for a total of 66 days and was last sold on June 26, 2023. This listing's school district is Galena Community Unit School District 120. Nearby schools include Galena Primary School, Galena Middle School and Galena High School. 349 Spring Street is a 8-bed, 8-bath, 3,160 sqft single family home built in 1838.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of DC Rise Real Estate

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 12/05/2024 01:29 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.