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    45 Lookout Trce Galena, IL 61036

    For Sale
    $39,900

    RESIDENTIAL LOT - Galena, IL

    Type:Single Family Residence
    Lot size:
    1.34 Acres
    Days on Market:
    339
    Last Refresh:
    Dec 14 at 9:06 pm

    Property Features for 45 Lookout Trce

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    residential
    APN
    08-117-007-00
    Exterior features
    None
    Lot size
    1.34 Acres

    Building Details

    Architectural style
    Other

    Re/Max Prime Properties (815) 291-8285

    Listing agent Jackie Debes (815) 291-8285

    Listing date Jan 10, 2025

    MLS# 151172 Listing URL

    Copyright © 2025 East Central Iowa Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wooded Homesite in Galena Territory

    Located in The Galena Territory, this 1.34-acre wooded homesite is situated on a quiet cul-de-sac. The property is near the core of The Galena Territory and offers access to amenities including an Owners Club with indoor and outdoor swimming pools, a game room, a half-court, an exercise room, showers, a private lake, over 33 miles of nature walking trails, and tennis courts. The annual HOA fee is $1360, and covenants and restrictions apply. A new buyer transfer document transfer fee applies, $500/$150. Buyers are responsible for connecting to utilities and installing a septic system. The property is located at 45 Lookout Trace, Galena, IL 61036.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Spa & Massage Hotel & Motel Bed & Breakfast Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Galena
    County
    Jo Daviess
    State
    Illinois
    Longitude
    -90.310396
    Latitude
    42.403776

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    FAQs

    What type of property is this?
    Land - 1.34 acre wooded lot with community amenities in Galena, IL.
    Where is this land located?
    The property is located at 45 Lookout Trce Galena, IL.
    What is the asking price?
    The asking price for this property is $39,900.
    What are key features of this property?
    This property features: - 1.34-acre wooded lot in The Galena Territory; - Enjoy access to extensive amenities: Owners Club, indoor/outdoor pools, game room, sports courts, exercise room, private lake, and 33+ miles of trails.; - Located near the core of The Galena Territory
    (815) 291-8285
    Request Owner's contact information
    45 Lookout Trce 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
    45 Lookout Trce Galena, IL 61036
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