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    330 Spring St Galena, IL 61036

    Pending
    For Sale
    $250,000

    Commercial - GALENA, IL

    Days on Market:
    19
    Last Refresh:
    Dec 14 at 1:06 pm

    Property Features for 330 Spring St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    APN
    2210066310

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Building materials
    Wood Siding
    Roof type
    Shingle
    Architectural style
    Other

    Coldwell Banker Network Realty (815) 777-6500 [email protected]

    Listing agent DAMON HEIM (815) 777-6500 License #471000758

    Listing date Nov 26, 2025

    MLS# 202502095 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 Potential

    This charming frame property offers commercial options and short-term rental potential. It is situated in an incredible location with high traffic and visibility on Spring Street (U.S 20), with close proximity to Main Street in Galena. The property is approved for a Special Use Permit to allow for potential short-term rental. A license would be required by the City of Galena, and fire/life safety modifications to the property would need to be completed prior to approval. The property is zoned Downtown Commercial, allowing for a multitude of usage opportunities. Off-street parking with a brick paver parking area is supplemented by the municipal parking lot just across the street. The open main level has a kitchen, a full bath, a powder room, a stack laundry closet, and a room/bedroom to the rear with a gas fireplace, cathedral ceiling, skylight, and access to a cozy deck and stone patio space. The unfinished lower level has room for storage and possibilities for expansion.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

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

    Similar Places Nearby

    Willow On Main

    Location Insight

    • Map
    • Local Demand
    City
    Galena
    County
    Jo Daviess
    State
    Illinois
    Longitude
    -90.4331
    Latitude
    42.411951

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    FAQs

    What type of property is this?
    Storefront property - Charming commercial property in Galena with short-term rental potential.
    Where is this storefront property located?
    The property is located at 330 Spring St Galena, IL.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - High-traffic location on Spring Street (U.S. 20) with excellent visibility.; - Approved for Special Use Permit for potential short-term rental.; - Zoned Downtown Commercial, allowing for diverse usage opportunities.
    (815) 777-6500
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    330 Spring 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
    330 Spring St Galena, IL 61036
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