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    1233 N Franklin St Galena, IL 61036

    For Sale
    $989,000

    Commercial - GALENA, IL

    Days on Market:
    195
    Last Refresh:
    Dec 14 at 11:06 am

    Property Features for 1233 N Franklin St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    2220006210

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Building materials
    Block, Brick, Concrete
    Roof type
    Metal, Rubber
    Architectural style
    Other

    Eagle Ridge Realty (815) 777-2800 [email protected]

    Listing agent DIANE SELF (815) 777-2800 License #475104134

    Listing date Jun 3, 2025

    MLS# 202502944 Listing URL

    Copyright © 2025 Rockford Area MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Galena Commercial Property with Warehouse

    This commercial property in Galena features 6,000 square feet of retail space and 3,750 square feet of warehouse area. The property includes over 60,000 square feet of dedicated parking space. This property presents an opportunity for entrepreneurs and investors to establish or expand their business in a community known for its history and tourism.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Muehleip's Home Furnishings Furniture Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Galena
    County
    Jo Daviess
    State
    Illinois
    Longitude
    -90.441501
    Latitude
    42.428902

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    FAQs

    What type of property is this?
    Retail space - Retail and warehouse space in historic Galena with ample parking.
    Where is this retail space located?
    The property is located at 1233 N Franklin St Galena, IL.
    What is the asking price?
    The asking price for this property is $989,000.
    What are key features of this property?
    This property features: - Expansive 6,000 sq ft of prime retail space.; - Substantial 3,750 sq ft of versatile warehouse area.; - Over 60,000 sq ft of dedicated parking space.
    (815) 777-2800
    Request Owner's contact information
    1233 N Franklin St Galena, IL 61036
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    Galena, IL 61036
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1233 N Franklin St Galena, IL 61036
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