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Turn-Key Inn with Annex

412 Spring Street, Galena, IL 61036

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For Sale

$850,000

Licensed inn property with multiple guest suites and additional annex space on Highway 20.

Type:Commercial/Industrial

Property size:

10,342 SF

Price / SF:

$82/SF

HighLights

Licensed inn property on Highway 20 with 6 deluxe suites plus a private sauna room
Two buildings sold as one: Annex at 412 Spring St and Abe's Guest House at 414 Spring St
Annex designed as an artist complex studio with a small commercial kitchen, in‑floor heat, upper office (396 SF), and ample storage
Annex and guest house combine for approx. 10,342 total SF with 3 guest units at 414 Spring St
Annex space totals approx. 7,530 SF and includes retail and/or manufacturing space
Each unit is separately metered for electricity and WiFi is available in all units

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Contact an agent

Ginger Eisbach

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For Sale

$850,000

Licensed inn property with multiple guest suites and additional annex space on Highway 20.

Type:Commercial/Industrial

Property size:

10,342 SF

Price / SF:

$82/SF

Added:: Jun 30, 2026
Days on Market:: 7
Last Refresh:: Jul 5 at 2:34 am

Property Features for 412 Spring Street

General Information

Standard status: Active
Size: 10,342 SF
Property subtype: Commercial/Industrial

Building Details

Year Built: 2000

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Contact an agent

Ginger Eisbach

Listing office

Listing date Jun 30, 2026

Source Choicerealtyfreeport.idxbroker

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Ginger Eisbach

HighLights

Licensed inn property on Highway 20 with 6 deluxe suites plus a private sauna room
Two buildings sold as one: Annex at 412 Spring St and Abe's Guest House at 414 Spring St
Annex designed as an artist complex studio with a small commercial kitchen, in‑floor heat, upper office (396 SF), and ample storage
Annex and guest house combine for approx. 10,342 total SF with 3 guest units at 414 Spring St
Annex space totals approx. 7,530 SF and includes retail and/or manufacturing space
Each unit is separately metered for electricity and WiFi is available in all units

Overview

This turn-key property includes two connected buildings sold as one: the Annex at 412 Spring St. and the Abe’s Guest House at 414 Spring St. The inn setup includes six deluxe suites and a private sauna room. Each building contains multiple guest units, and the Annex also includes a small commercial kitchen, in-floor heat, ample storage, and an upper office space, plus retail and/or manufacturing space totaling approximately 7,530 sq. ft. The Abe’s Guest House totals approximately 2,712 sq. ft. and includes three guest units. The top unit has recently been remodeled and is described as a small two-bedroom apartment. Both buildings feature unique historical elements, including uncovered rock vaulted rooms tied to the original City Brewery foundation, and the Abe’s Guest House is described as having been an ice house for beer barrels.

The combined property is zoned Downtown Commercial & Residential. The listing notes that the property is right on Highway 20, with walking distance to downtown Galena shops and restaurants.

For operators, this configuration supports hospitality use as a licensed inn, with each unit separately metered for electricity and WiFi available in all units. The layout also provides flexibility for long-term rentals, and the seller indicates both buildings could be converted into private residential homes. The website and booking system, furnishings, and certain work of art by the seller are included in the sale.

Location Intelligence

Current Use by Public Records

Artist Annex Art Gallery Genband Media, LLC Media Distribution Artisan Pizza Restaurant

Suggested Use

Similar Places Nearby

Farmers Guest House — 334 Spring St, Galena, IL 61036
The Steamboat House Bed and Breakfast — 605 S Prospect St, Galena, IL 61036
Linen&Stone Inn — 349 Spring St, Galena, IL 61036
The Federal House — 603 S Bench St, Galena, IL 61036
Greenbriar Country Inn & Suites — 345 Spring St, Galena, IL 61036

Location Insight

Map
Local Demand

City: Galena
County: Jo Daviess
State: Illinois
Longitude: -90.433987
Latitude: 42.413145

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For sale
Bed & breakfasts
IL
Galena
61036
412 Spring Street

What type of property is this?

Bed & breakfast - Licensed inn property with multiple guest suites and additional annex space on Highway 20.

Where is this bed & breakfast located?

The property is located at 412 Spring Street Galena, IL.

What is the asking price?

The asking price for this property is $850,000.

What are key features of this property?

This property features: Licensed inn property on Highway 20 with 6 deluxe suites plus a private sauna room; Two buildings sold as one: Annex at 412 Spring St and Abe's Guest House at 414 Spring St; Annex designed as an artist complex studio with a small commercial kitchen, in‑floor heat, upper office (396 SF), and ample storage