Historic Six-Suite Bed &
For Sale
$850,000
412 Spring Street, Galena, IL 61036
COMMERCIAL/INDUSTRIAL, GALENA, IL
Property Size10,342 SF
Lot Size0.45 Acres
Price / SF$82.19
Days on Market2059
Property Features for 412 Spring Street
General Information
Property type
Commercial Sale
Property subtype
Other
Elementary school district
Galena
Middle school district
Galena
High school district
Galena
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
Amenities
sauna
commercial kitchen
in-floor heating
WiFi
Building Details
Year built
2000
Flooring type
Carpet, Concrete, Wood, Tile
Roof type
Rubber, Shingle
Listing Agency:
CHOICE REALTY
(815) 777-3100
Listed By:
GINGER EISBACH · License #475102866
(815) 238-2939
Added: Jan 15, 2021
Changed: Aug 19
Last Checked: Sep 5 at 5:06PM
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 licensed inn combines Abe’s Guest House at 414 Spring Street with the Annex at 412 Spring Street as one hospitality property. The buildings contain six guest units in total, including a remodeled upper unit configured as a small two-bedroom apartment. The property includes a private sauna room, a small commercial kitchen, office space, storage, retail or manufacturing areas, and in-floor heat in the Annex. Furnishings, the website, booking system, and selected artwork are included in the sale. Each unit is separately metered for electricity, and WiFi is available throughout.
The property encompasses 0.45 acres and 10,342 square feet, with carpet, concrete, wood, and tile flooring. Built in 2000, the Annex incorporates two rock-vaulted rooms associated with the site’s former brewery history, while the guest house occupies a former ice house. Located on Highway 20, the property is within walking distance of downtown Galena shops and restaurants and is zoned Downtown Commercial and Residential.
The property encompasses 0.45 acres and 10,342 square feet, with carpet, concrete, wood, and tile flooring. Built in 2000, the Annex incorporates two rock-vaulted rooms associated with the site’s former brewery history, while the guest house occupies a former ice house. Located on Highway 20, the property is within walking distance of downtown Galena shops and restaurants and is zoned Downtown Commercial and Residential.
Key Highlights
- Licensed inn with six guest units across Abe’s Guest House and the Annex
- 10,342 square feet on 0.45 acres
- Two‑building property at 412 Spring Street and 414 Spring Street
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
618
Businesses Nearby
Well-served
Demand for This Use
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
Questions? Ask Rey
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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
- The Federal House — 603 S Bench St, Galena, IL 61036
- Linen&Stone Inn — 349 Spring St, Galena, IL 61036
- Greenbriar Country Inn & Suites — 345 Spring St, Galena, IL 61036
Frequently Asked Questions
What type of property is this?
Bed & breakfast - Two-building hospitality property with guest accommodations, an annex, commercial kitchen, sauna, and downtown access.
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 with six guest units across Abe’s Guest House and the Annex; 10,342 square feet on 0.45 acres; Two‑building property at 412 Spring Street and 414 Spring Street
