Four-Story Mixed-Use
New
For Sale
Contact for pricing
304 S Main Street, Galena, IL 61036
Main Street retail, lodging, and apartment components create a flexible downtown commercial layout.
Property Size4,604 SF
Price / SF$162.90
Days on Market3
Property Features for 304 S Main Street
General Information
Standard status
Active
Size
4,604 SF
Total Parking Spaces
4
Property subtype
Retail
Additional Details
Road Access
Yes
Building Details
Year Built
1940
Buildings
1
Stories
4
Construction
brick
Listing Agency:
Coldwell Banker Network Realty
Listed By:
Damon Heim · License #471000758
(815) 266-2427
Source:
Crexi
Added: Sep 1
Changed: Sep 2
Last Checked: Sep 2 at 1:56PM
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 Coldwell Banker Network Realty
Investment Insights
Based on property information with market context.
This 4,604-square-foot brick building spans four levels and connects S. Main Street with Commerce Street. The ground floor contains a full-depth retail area with entrances on both sides and a lease in place through April 2027. Four dedicated off-street parking spaces serve the property, and maximum allowable signage supports its commercial presence.
The second and third floors contain an approximately 2,300-square-foot licensed short-term rental with maximum occupancy of 10 guests. Its layout includes bedrooms, gathering areas, a kitchen, baths, and access to a multilevel exterior deck and stair system. Exposed brick, wood-beamed ceilings, woodwork, and original flooring add character. The fourth floor is approved for a long-term rental apartment and includes a semi-finished open interior, partial kitchen installation, powder room, and space for a shower.
The second and third floors contain an approximately 2,300-square-foot licensed short-term rental with maximum occupancy of 10 guests. Its layout includes bedrooms, gathering areas, a kitchen, baths, and access to a multilevel exterior deck and stair system. Exposed brick, wood-beamed ceilings, woodwork, and original flooring add character. The fourth floor is approved for a long-term rental apartment and includes a semi-finished open interior, partial kitchen installation, powder room, and space for a shower.
Key Highlights
- 4,604‑square‑foot brick building across four levels
- Retail area with entrances from both S. Main Street and Commerce Street
- Retail lease in place through April 2027
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
619
Businesses Nearby
Explore this area
Business Placement
Demographics for 61036, IL
7,111
Population
5,187
Households
1.4
Avg Household Size
54
Median Age
46%
College-Educated
97%
High-School Grad
95.8 sq mi
ZIP Area
74
Density / Sq Mi
$80,574
Median Household Income
$51,507
Median Earnings
$758
Median Rent
$258,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Main Street retail, lodging, and apartment components create a flexible downtown commercial layout.
Where is this mixed-use property located?
The property is located at 304 S Main Street Galena, IL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 4,604‑square‑foot brick building across four levels; Retail area with entrances from both S. Main Street and Commerce Street; Retail lease in place through April 2027
