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Turn-Key Galena Inn Guest House

412 Spring Street Galena, IL 61036

412 Spring Street, Galena, IL, 61036
$850,000
For Sale
$850,000

COMMERCIAL - GALENA, IL

Property Size10,342 SF
Lot Size0.45 Acres
Price / SF$82.19
Days on Market2013

Property Features for 412 Spring Street

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
2210068700
Size
10,342 SF
Lot size
0.45 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
20941

Utilities

Heating system
Natural Gas, Forced Air
Cooling system
Central Air

Building Details

Year built
2000
Flooring type
Carpet, Tile, Concrete, Wood
Roof type
Shingle, Rubber
Listing Agency CHOICE REALTY
444 EAGLE RIDGE DRIVE P.O. BOX 6465, Freeport, IL
Listed by GINGER EISBACH · License #475102866
Added: Jan 15, 2021 Updated: Jul 20 at 10:52 am Checked: Jul 21 at 3:06 am
MLS# 201773

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 turn-key Galena inn property combines two buildings: “Abe’s Spring Street Guest House” at 414 Spring St. and an annex at 412 Spring St. The guest house features three guest units, originally an ice house, and includes recent remodeling in the top unit, which is described as a small two-bedroom apartment. The annex includes artist studio components and includes three guest units, along with a small commercial kitchen, in-floor heat, an upper office of 396 square feet, and ample storage. The annex also totals approximately 7,530 square feet for retail and/or manufacturing space. Overall, the property is described as having six deluxe suites and a private sauna room, with WiFi available in all units. Each unit is separately metered for electricity.

The property is zoned “Downtown Commercial & Residential” and is positioned right on Highway 20. The annex is described as built in 2000 on the foundation of “The City Brewery” of the 1800s, including two rock vaulted rooms.

Sold as one property, the buildings are listed together with a total size of 10,342 square feet and include the licensed inn, website and booking system, furnishings, and some work of art by the seller.

Key Highlights

  • Price reduced to $850,000 for the licensed Galena Inn B&B (incl. website & booking system) at 412 & 414 Spring St.
  • One property with 6 deluxe suites plus a private sauna room; both buildings sold together for B&B or rental uses.
  • Total size approx. 10,342 SF: Annex approx. 7,530 SF and Abe's Guest House 2,712 SF, with 3 guest units each.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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

Suggested Use

Auto Repair Shop Plumbing Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop Building Supply Carpet & Flooring Store Computer & Electronic Repair Auto Parts Store

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

Similar Off Market 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

FAQs

What type of property is this?
Bed & breakfast - Licensed bed-and-breakfast with six deluxe suites and included furnishings, sold as one property with an annex.
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: Price reduced to $850,000 for the licensed Galena Inn B&B (incl. website & booking system) at 412 & 414 Spring St.; One property with 6 deluxe suites plus a private sauna room; both buildings sold together for B&B or rental uses.; Total size approx. 10,342 SF: Annex approx. 7,530 SF and Abe's Guest House 2,712 SF, with 3 guest units each.
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