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    400 Louieville Galena, IL 61036

    Picture of Land at Louieville 400, Galena, IL
    For Sale
    $35,000

    Land - GALENA, IL

    Lot size:
    1.02 Acres
    Days on Market:
    191
    Last Refresh:
    Dec 15 at 1:06 am

    Property Features for 400 Louieville

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    0000000000
    Interior features
    None
    Lot size
    1.02 Acres

    Building Details

    Architectural style
    Other

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

    Listing agent JIM COX (815) 777-2800 License #471002628

    Listing date Jun 8, 2025

    MLS# 202104406 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

    Residential Land in Galena, Illinois

    Lot 1 in Phase 2 of Timp's Subdivision, situated on Louieville Court off 5th Street, just east of downtown Galena, Illinois, is available for purchase. The lot, which slopes downhill, has electric, water, and sewer service available, although not currently connected. Prospective buyers should confirm the availability of natural gas with Nicor. Covenants and restrictions apply to the property. The lot has an irregular shape, with front side measurements representing the combination of multiple sides. According to county records, the lot size is 1.02 acres. To reach Timp's Subdivision Phase 2 from Galena, head north on Park Avenue for 0.3 miles, then turn right onto Jackson, follow for 0.1 miles, and turn left onto 5th Street. After 0.1 miles, turn right onto Louisville Court. From east of Galena, head north on Powderhouse Hill Road for 0.7 miles, then curve left onto 5th Street and turn left onto Louisville Court after 0.1 miles.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Pawn Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Galena
    County
    Jo Daviess
    State
    Illinois
    Longitude
    -90.41928674855
    Latitude
    42.41162988087

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    FAQs

    What type of property is this?
    Land - Residential lot available in Timp's Subdivision, near downtown Galena.
    Where is this land located?
    The property is located at 400 Louieville Galena, IL.
    What is the asking price?
    The asking price for this property is $35,000.
    What are key features of this property?
    This property features: - Lot in Timp's Subdivision (Phase 2) offering a residential building opportunity.; - Located just east of downtown Galena, providing convenient access to city amenities.; - Electric, water, and sewer services are available for connection at the lot.
    (815) 777-2800
    Request Owner's contact information
    400 Louieville Galena, IL 61036
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    400 Louieville
    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
    400 Louieville Galena, IL 61036
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