334 Spring St Galena, IL 61036
Estimated payment $9,068/month
Total Views
16,392
10
Beds
10.5
Baths
7,364
Sq Ft
$170
Price per Sq Ft
Highlights
- Whirlpool Bathtub
- 3 Fireplaces
- Brick or Stone Mason
- Galena Primary School Rated A-
- Built-in Bookshelves
- Patio
About This Home
Step into a rare piece of American history with Farmers Guest House, a luxurious, fully operational, and nationally recognized bed & breakfast ideally located on Spring Street just moments from Main Street downtown Galena. Originally established in 1867 and believed to be the longest continuously operating inn in Galena, this exceptional property offers a unique opportunity to own a historically successful business, as well as a true legacy asset. Set in one of the Midwest’s most established tourism markets, Farmers Guest House benefits from Galena's consistent year-round visitor demand, strong brand recognition, and repeat clientele. The inn has earned national attention through multiple “Best Of” and “Top 10” rankings among premier U.S. bed & breakfasts, reinforcing its premium positioning and reputation for exceptional guest experiences. The property features 9 guest accommodations, each with a private en-suite bathroom and individually controlled HVAC. The nine accommodations include three suites, each with a king bed, jacuzzi, and fireplace; plus three king-bed guest rooms; and three queen-bed guest rooms. These three rooming categories create three different price points for guests. Also, one of the three suites is a separate private cottage situated in the inn's spacious rear garden, offering a ground-floor living area with a half bath, a fireplace, and a jacuzzi, as well as an upper-level bedroom with a full bath. The cottage is ideal for premium stays or extended visits. Guests enjoy a variety of thoughtfully designed common spaces at the inn, including a comfortable lounge for relaxation, reading, or socializing; a spacious dining room; and private outdoor patios and gardens, which enhance the guest experience year-round. Additional amenities include an on-site massage studio that supports both individual and couples massages; two laundries, one on each of the inn's two floors; and ample linen storage, supporting efficiency and elevated service. The owner’s suite--complete with a private bedroom, bathroom, and living area--allows for seamless on-site management or live-in ownership. Located in the Galena National Historic District, this is one of the few lodging properties that operates in its original capacity, offering historic significance, operational continuity, and long-term value. This offering represents a rare combination of turnkey hospitality business, lifestyle investment, and income-producing real estate, with operational continuity and upside through revenue optimization and expanded marketing strategies.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $29,277
Year Built
- Built in 1867
Lot Details
- 13,939 Sq Ft Lot
- Property fronts a highway
- Suitable for Bed and Breakfast
Home Design
- Brick or Stone Mason
- Shingle Roof
- Rubber Roof
- Siding
Interior Spaces
- Built-in Bookshelves
- 3 Fireplaces
- Electric Fireplace
- Window Treatments
Kitchen
- Stove
- Gas Range
- Dishwasher
Bedrooms and Bathrooms
- 10 Bedrooms
- Whirlpool Bathtub
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Patio
Schools
- Galena Elementary And Middle School
- Galena High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Baseboard Heating
- Electric Water Heater
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $29,277 | $379,673 | $12,799 | $366,874 |
| 2023 | $21,731 | $275,934 | $3,927 | $272,007 |
| 2022 | $21,731 | $232,836 | $3,314 | $229,522 |
| 2021 | $18,404 | $214,497 | $3,053 | $211,444 |
| 2020 | $17,588 | $199,143 | $2,834 | $196,309 |
| 2019 | $16,861 | $192,135 | $2,825 | $189,310 |
| 2018 | $16,938 | $197,690 | $2,907 | $194,783 |
| 2017 | $16,227 | $192,755 | $2,834 | $189,921 |
| 2016 | $15,877 | $192,755 | $2,834 | $189,921 |
| 2015 | $15,807 | $190,849 | $2,834 | $188,015 |
| 2014 | $15,065 | $190,849 | $2,834 | $188,015 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/21/2026 03/21/26 | For Sale | $1,250,000 | -- | $170 / Sq Ft |
Source: NorthWest Illinois Alliance of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,070,000 | Attorney Only | |
| Grant Deed | -- | -- |
Source: Public Records
About the Listing Agent
Real estate transactions should not be stressful, nor should one feel they are getting a spiel. Mark Sumpter's intent is to work casually and help reduce the stress that comes with “the deal.” He is driven by a passion for helping others and has come to real estate through a non-traditional path. Growing up in a small, rural town in southwestern Ohio, he longed for life in the big city. After graduating from university, he accepted a position as a Chemist with the Procter & Gamble company. It
Mark's Other Listings
Source: NorthWest Illinois Alliance of REALTORS®
MLS Number: 202601549
APN: 22-100-662-20
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