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    414 Spring St Galena, IL 61036

    For Sale
    $375,000

    Business w/ Real Estate - GALENA, IL

    Days on Market:
    42
    Last Refresh:
    Dec 8 at 1:06 pm

    Property Features for 414 Spring St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    2210068110

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Building materials
    Brick, Frame, Stone
    Roof type
    Shingle
    Architectural style
    Other

    Choice Realty (815) 235-2111 [email protected]

    Listing agent GINGER EISBACH (815) 777-3100 License #475102866

    Listing date Oct 28, 2025

    MLS# 202506680 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 Business with Real Estate

    This property presents a business opportunity situated on Spring Street/Highway 20, a short walk from downtown Galena's shops and restaurants. The building, once part of The City Brewery, was designed to cool beer kegs using ice blocks on the upper floor. Currently operating with The Annex under an INN license, The Guest House features two suites: Rudolph's Retreat and Albert's Glen, each showcasing artwork by Charles Fach. Albert's Glen includes a full kitchen and a unique bath. The upper floor contains a recently remodeled two-bedroom apartment with a new bath, refurbished wood floors, and a kitchen. An enclosed entrance porch with windows and an outside sitting area are also present. If purchased separately from The Annex, it will carry a B&B license. Zoned downtown commercial, the property could be converted to a single-family home or another business. This is an opportunity to own a piece of Galena's history. The property can be purchased with The Annex.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Abe's Spring Street ... Inn

    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

    Farmers Guest House, The Steamboat House Bed and Breakfast, Linen&Stone Inn, The Federal House, Greenbriar Country Inn & Suites

    Location Insight

    • Map
    • Local Demand
    City
    Galena
    County
    Jo Daviess
    State
    Illinois
    Longitude
    -90.434786
    Latitude
    42.413493

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    FAQs

    What type of property is this?
    Bed & breakfast - Business opportunity near downtown Galena with historical significance.
    Where is this bed & breakfast located?
    The property is located at 414 Spring St Galena, IL.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - Prime location on Spring Street/Highway 20, a short walk to downtown Galena's shops and restaurants.; - Currently operating as a guest house with two suites (Rudolph's Retreat and Albert's Glen) under an INN license.; - Includes a recently remodeled two-bedroom apartment with a new bath, refurbished wood floors, and a kitchen.
    (815) 777-3100
    Request Owner's contact information
    414 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

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    Cap approach

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    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
    414 Spring St Galena, IL 61036
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