Mixed-Use Retail and Short-Term
205 S Main Street Galena, IL 61036
New
205 S Main Street, Galena, IL, 61036
$1,950,000
For Sale
$1,950,000
COMMERCIAL - GALENA, IL
Property Size7,423 SF
Price / SF$262.70
Days on Market2
Property Features for 205 S Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 2210004800
- Size
- 7,423 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 18283
Utilities
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 1840
- Flooring type
- Vinyl, Tile
- Roof type
- Rubber
Listing agency
COLDWELL BANKER NETWORK REALTY
(815) 777-6500
Listed by
SHELLY MCCOY · License #475131143
(815) 238-5676
Added: Jul 20 Checked: Jul 21 at 12:06PM
MLS# 202604453
Copyright © 2026 NorthWest Illinois Alliance 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.
Investment Insights
Based on property information with market context.
This restored mixed-use property includes a main-level storefront plus guest accommodations operated as a short-term rental business. The offering includes a transferable short-term rental license and is presented beautifully furnished. Interior features include two spacious luxury suites with a total of seven bedrooms and four full baths, expansive living and dining areas, updated kitchens, and convenient laundry facilities. Solar panels are located on the roof.
The property is located at 205 S Main Street in Galena, IL 61036, in the heart of historic Galena as described in the listing remarks.
With residential suites configured for short-term use alongside a storefront on the main level, the property is laid out to support both guest stays and retail presence within the same building.
The property is located at 205 S Main Street in Galena, IL 61036, in the heart of historic Galena as described in the listing remarks.
With residential suites configured for short-term use alongside a storefront on the main level, the property is laid out to support both guest stays and retail presence within the same building.
Key Highlights
- Restored mixed‑use property in historic Galena with a successful short‑term rental operation
- Transferable short‑term rental license included; offered furnished and ready to generate income
- Two luxury rental suites with 7 bedrooms and 4 full baths, plus expansive living and dining areas
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Paradise Bar & Grill
Restaurant
Elle & Beck's Lifestyle ...
Clothing & Fashion Store
ATM (Us Bank)
Atm
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FAQs
What type of property is this?
Short term rental property - Restored mixed-use property with a main-level storefront, two luxury suites, and a transferable short-term rental license.
Where is this short term rental property located?
The property is located at 205 S Main Street Galena, IL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Restored mixed‑use property in historic Galena with a successful short‑term rental operation; Transferable short‑term rental license included; offered furnished and ready to generate income; Two luxury rental suites with 7 bedrooms and 4 full baths, plus expansive living and dining areas
