$375,000

414 Spring St Galena, IL 61036

Estimated payment $2,572/month

Total Views 5
-- Bed
-- Bath
2,712 Sq Ft
$138 Price per Sq Ft

Highlights

  • Forced Air Heating and Cooling System
  • Galena Primary School Rated A-
  • Carpet

About This Home

A super business opportunity right on Spring Street/ Highway 20 and a short walk to downtown Galena with its many Shops and restaurants. Located on the site of one of Galena's many Breweries, The City Brewery, the building was built to cool the beer kegs by placing blocks of ice on the upper floor, and the cool air would pass down the double walls, cooling the kegs. Currently operating with The Annex under an INN license. The Guest House has two suites, Rudolph's Retreat and Albert's Glen. Each featuring some of the owner's ( Charles Fach, a renowned artist) own personal work. Albert's Glen features a full kitchen and a one-of-a-kind bath! Also, there is a recently remodeled apartment on the upper floor. Two bedrooms, a brand new bath, refurbished wood floors, and a kitchen. A finished enclosed entrance porch with plenty of windows welcomes you home. Also, an outside sitting area. If purchased separately from The Annex, it will carry a B&B license. The property could also be converted to a single-family home or another business since it is zoned downtown commercial. A great opportunity to have a piece of Galena's colorful history. Can be purchased with The Annex, see listing #201773.

Listing Agent

Ginger Eisbach

CHOICE REALTY License #475102866 Listed on: 10/22/2025

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,270

Year Built

  • Built in 1850

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • Parking Available

Home Design

  • Brick Exterior Construction
  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • Shingle Siding
  • Stone Exterior Construction

Interior Spaces

  • 2,712 Sq Ft Home
  • Unfinished Basement
  • Basement Cellar

Flooring

  • Carpet
  • Vinyl

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Property Details

Property Type

Other

Est. Annual Taxes

$7,270

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Class: COMMERCIAL/INDUSTRIAL
  • Exemptions: Owner
  • Type: Business w/ Real Estate
  • Agent Only_ L A1 User Code: F_441
  • Hold Earnest Money Y N: Yes
  • Additional Owner Info: Sandra J Fach
  • Designated Managing Broker Y N: No
  • Number Doors: 4
  • Assessor Parcel Number: 2210068110
  • Sprinkler Yn: No
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Walls: Drywall
  • Insulation: Yes
  • Basement: Cellar, Unfinished
  • Total Finished Sq Ft: 2712
  • Flooring: Carpet, Vinyl

Exterior Features

  • Exterior: Brick, Frame, Shingle, Stone
  • Roof: Shingle

Garage/Parking

  • Parking: Yes

Utilities

  • Sewer: Central
  • Water: City
  • Water Heater: Natural Gas
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Lot Info

  • Number Of Acres: 0.15

Building Info

  • Year Built: 1850

Tax Info

  • Year: 2024
  • Taxes: 7270

Multi Family

  • Lease: No

MLS Schools

  • School District: Galena

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $7,270 $94,279 $5,999 $88,280
2023 $6,155 $78,157 $2,269 $75,888
2022 $6,155 $78,157 $2,269 $75,888
2021 $6,178 $72,001 $2,090 $69,911
2020 $6,359 $72,001 $2,090 $69,911
2019 $6,251 $71,238 $1,320 $69,918
2018 $6,212 $72,500 $2,582 $69,918
2017 $6,104 $72,500 $2,582 $69,918
2016 $5,972 $72,500 $2,582 $69,918
2015 $5,975 $72,140 $2,582 $69,558
2014 $5,695 $72,140 $2,582 $69,558
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2025 10/22/25 For Sale $375,000 -- $138 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202506680

NorthWest Illinois Alliance of REALTORS®

APN: 22-100-687-10