$1,099,000
$151K PRICE DROP

334 Spring St Galena, IL 61036

Galena Area

Estimated payment $8,463/month

Total Views 64,603
10 Beds
10.5 Baths
7,364 Sq Ft
$149 Price per Sq Ft

Highlights

  • Whirlpool Bathtub
  • 3 Fireplaces
  • Brick or Stone Mason
  • Galena Elementary & Middle 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.

Listing Agent

Mark Sumpter

DC Rise Real Estate License #471021332 Listed on: 03/21/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,097

Year Built

  • Built in 1867

Lot Details

  • 13,939 Sq Ft Lot
  • Property fronts a highway
  • Suitable for Bed and Breakfast

Home Design

  • House
  • 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,097

Year Built

Built in 1867

Lot Details

0.32 Acres

Listing Details

  • Interior Amenities: Book Cases Built In, Ceiling Fan(s), Whirlpool Tub, Window Treatments
  • Road Frontage: US Highway
  • Type: City/Town
  • Electric: Circuit Breaker
  • Additional Room 10: Bed 10, Dimensions: 9'10x16', On Level: Upper
  • Additional Room 5: Bed 5, Dimensions: 10'2x16', On Level: Upper
  • Additional Room 6: Bed 6, Dimensions: 9'x16'3, On Level: Upper
  • Additional Room 7: Bed 7, Dimensions: 10'8x14'6, On Level: Upper
  • Appliances That Stay or Are Included: Dishwasher, Dryer, Refrigerator, Stove/Cooktop, Washer
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 3892
  • General Features: Laundry 1st Floor, Laundry 2nd Floor, Main Floor Primary, Patio
  • Legal Description: ORIGINAL LOTS BLOCK 11 LOT 6 & PT LOT 5 (from the tax bill)
  • Lot Acreage: 0.32
  • Lvt Date: 03/21/2026
  • Number of Main Level Full Bathrooms: 1
  • Number of Upper Level Full Bathrooms: 9
  • Number of Main Level Half Bathrooms: 1
  • Stove Range Fuel: Gas
  • Style: Bed & Breakfest
  • Type: House
  • Agent Only_ L A1 User Code: F_1237
  • Elementary School: Galena
  • Estimated Total Finished Sq Ft: 7364
  • Estimated Upper Sq Ft: 3472
  • Garage Type Driveway: None
  • Hold Earnest Money Y N: No
  • Pertinent Facts: 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.
  • Rental License: Yes
  • Designated Managing Broker Y N: No
  • Estimated Above Grade Sq Ft: 7364
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 10
  • Master Bedroom: Dimensions: 12'11x15'11, On Level: Main
  • Fireplace Type: Electric
  • Bedroom 2: Dimensions: 15'7x39', On Level: Main
  • Bedroom 3: Dimensions: 15'x15'6, On Level: Upper
  • Bedroom 4: Dimensions: 9'11x14'1, On Level: Upper
  • Dining Room: Yes, On Level: Main, Dimensions: 18'5x36'2
  • Family Room: Yes, On Level: Main, Dimensions: 15'11x18'1
  • Fireplace: Yes
  • Full Bathrooms: 10
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 15'9x12'4, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 11'11x36'2
  • Number Of Fireplaces: 3
  • Recreation Room: No
  • Total Bathrooms: 11

Exterior Features

  • Exterior: Brick/Stone, Siding
  • Roof: Shingle, Rubber

Utilities

  • Cooling: Central Air, Wall Unit
  • Heating: Forced Air, Baseboard, Zoned, Natural Gas, Electric
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Electric

Building Info

  • Year Built: 1867

Tax Info

  • Year: 2025
  • Taxes: 27097

MLS Schools

  • HighSchool: Galena
  • School District: Galena
  • Middle School: Galena

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $27,097 $379,673 $12,799 $366,874
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/26/2026 08/26/26 Price Changed $1,099,000 -4.4% $149 / Sq Ft
07/01/2026 07/01/26 Price Changed $1,150,000 -8.0% $156 / Sq Ft
03/21/2026 03/21/26 For Sale $1,250,000 -- $170 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $1,070,000 Attorney Only
Grant Deed -- --
Source: Public Records

About the Listing Agent

Mark Sumpter

DC Rise Real Estate

(779) 256-5530

Section Image

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

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Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202601549

NorthWest Illinois Alliance of REALTORS®

APN: 22-100-662-20

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