341 Spring St Galena, IL 61036
Estimated payment $2,877/month
Total Views
10,363
4
Beds
4
Baths
2,096
Sq Ft
$200
Price per Sq Ft
Highlights
- Popular Property
- Deck
- Brick or Stone Mason
- Galena Primary School Rated A-
- 4 Fireplaces
- Laundry Room
About This Home
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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,704
Year Built
- Built in 1838
Lot Details
- 20,038 Sq Ft Lot
- Property fronts a highway
- Suitable for Bed and Breakfast
Parking
- Gravel Driveway
Home Design
- House
- Brick or Stone Mason
- Shingle Roof
- Wood Siding
- Siding
Interior Spaces
- 4 Fireplaces
- Gas Fireplace
- Window Treatments
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Partial Basement
- Laundry in Basement
Outdoor Features
- Deck
Schools
- Galena Elementary And Middle School
- Galena High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
- Water Softener Leased
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 | $7,493 | $97,173 | $3,333 | $93,840 |
| 2023 | $6,894 | $87,541 | $2,947 | $84,594 |
| 2022 | $6,894 | $73,868 | $2,487 | $71,381 |
| 2021 | $5,839 | $68,050 | $2,291 | $65,759 |
| 2020 | $5,580 | $63,179 | $2,127 | $61,052 |
| 2019 | $5,545 | $63,187 | $2,127 | $61,060 |
| 2018 | $5,570 | $65,013 | $2,188 | $62,825 |
| 2017 | $5,337 | $63,390 | $2,133 | $61,257 |
| 2016 | $5,221 | $63,390 | $2,133 | $61,257 |
| 2015 | $5,252 | $63,411 | $2,133 | $61,278 |
| 2014 | $5,006 | $63,411 | $2,133 | $61,278 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/17/2026 04/17/26 | For Sale | $419,000 | -- | $200 / Sq Ft |
Source: NorthWest Illinois Alliance of REALTORS®
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: 202602119
APN: 22-100-638-00
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