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205 S. Main Street

$1,950,000

205 S. Main Street, Galena, IL 61036

Active
Last Updated: 07/31/2026

7,423 sqft

Building Size

1840

Year Built

Details:
Building Size:    7,423 sqft
Year Built:    1840
Zoning:    Downtown Commercial
MlsNumber:    202604453
Baths:    4
Highlights:
  • Tax Roll Number: 43-22-100-048-00
  • Annual Tax: $ 18283.0
  • Views: Panoramic
  • Garage Description: No Garage
  • Area Amenities: Area Tennis
  • Rooms: Guest Suite
  • Lot Description: Access Type - Road
  • Age: Over 50 Years Old
  • Heating Fuel Type: Gas
  • Exterior Description: Brick
  • Road Type: City / Town Street
  • Flooring: Mixed
  • Special Market: Vacation / Second Home
  • Exterior: Sidewalk
  • Roof: Rubber
  • Cooling: Central A/C
  • Sewer: City
  • Heating Type: Forced Air
  • Area Description: Historic / Antique
  • Basement: Crawl Space
  • Water: City Water
Description:

Potential investment opportunity in the heart of historic Galena! This beautifully restored mixed-use property is home to a highly successful short-term rental business and includes a transferable short-term rental license, making it truly turnkey for the next owner. Offered beautifully furnished, the guest accommodations are thoughtfully appointed and ready to continue generating income from day one. The property features two spacious luxury suites with a total of seven bedrooms and four full baths, expansive living and dining areas, updated kitchens, and convenient laundry facilities. A thriving storefront occupies the main level, providing additional income potential. A rare opportunity with exceptional charm and quality. Solar Panels on Roof Square footage sourced from architectural drawings.


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