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    Galena, IL
    Multifamily

    Galena, IL Multifamily Properties for Sale

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    East Dubuque, IL Saint Donatus, IA Bellevue, IA
    Historic Brick Duplex
    Updated: Jun 30
    Historic Brick Duplex

    209 S Prospect Street, Galena, IL 61036

    $850,000
    4,608 sqft
    Federal‑style brick duplex built in 1900, with Greek Revival influences and historic craftsmanship throughout, including original woodwork and wide‑plank floors
    One side is licensed and operated as a City of Galena short‑term rental (4‑person occupancy) with 3 bedrooms and 3 full baths
    Total size: over 4,500 SF between two residences, offering flexible owner occupancy or potential rental income from the adjoining unit
    Owner’s residence includes an updated kitchen, 3 bedrooms, 3 baths, and an upper‑level laundry/mudroom, plus a private aggregate patio
    Living areas feature a cozy wood stove and decorative fireplaces, with spacious dining and large windows framing views
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    Vacant Triplex Requiring Repairs
    Updated: Jun 30
    Vacant Triplex Requiring Repairs

    310 Frankliln Street, Galena, IL 61036

    $299,000
    3,920 sqft
    All units are presently vacant; property sells as‑is, where‑is
    Brick construction with composition roof; built in 1940
    Heating includes forced air; 308 unit has gas‑forced air
    Boiler does not work and needs to be replaced for units 310 and 310 1/2 (services both units)
    Appliances included: refrigerator and range (some other appliances left; no condition known)
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Galena, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Mixed-Use Redevelopment Property
    Historic Mixed-Use Redevelopment Property

    101 Main Street, Dubuque, IA 52001

    $1,290,000

    Historic O’Neill Block offers built-out restaurant/bar space on the main floor and major redevelopment space above.

    View details
    All-Brick Victorian Duplex Property
    All-Brick Victorian Duplex Property

    100 N 4th Street, Bellevue, IA 52031

    $349,900
    1,512 sqft

    Two four-bedroom units in an all-brick duplex with heated front porches and included appliances.

    View details
    Rented Duplex with Updated Interiors
    Rented Duplex with Updated Interiors

    1252 White Street, Dubuque, IA 52001

    $119,000
    1,760 sqft

    Fully rented duplex with two-bedroom upper unit and one-bedroom lower unit, plus a 2023 roof.

    View details
    Historic Dubuque Hotel with Bar
    Historic Dubuque Hotel with Bar

    36 W 4th St, Dubuque, IA 52001

    $1,250,000
    29,442 sqft

    54-room hotel with established bar in downtown Dubuque, Iowa.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land For Sale, Lakemoor, IL
    Land For Sale, Lakemoor, IL

    27 Oyster Bay, Lakemoor, IL 60051

    Contact for pricing
    0.12 AC lot

    Commercial land available in Lakemoor, Illinois.

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    Buildable Residential Lot with Pines
    Buildable Residential Lot with Pines

    Bollig Court lot: 2, Nekoosa, WI 54457

    $35,000
    2.45 AC lot

    A wooded 2.45-acre lot with electric and fiber available at the lot line, suited for a home or cabin.

    View details
    University Park Developable Land
    University Park Developable Land

    976 Mesa Court, University Park, IL 60484

    Contact for pricing
    3.20 AC lot

    3.2 acres with 24 concrete housing pads in University Park.

    View details
    Wooded Homesite in Wheatfield, Indiana
    Wooded Homesite in Wheatfield, Indiana

    4418 Oakland Court, Wheatfield, IN 46392

    Contact for pricing
    0.57 AC lot

    Spacious, wooded 0.57-acre lot in established neighborhood.

    View details

    Galena, IL Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Galena, IL on our real estate platform. These investment opportunities span a total of 8,528 square feet of properties for sale, with an estimated market value of $1,149,000.

    Sale prices for multifamily properties in Galena, IL start at $299,000, averaging $574,500, and reaching up to $850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1
    Short term rental properties 1
    Triplexes 1

    Demographics Overview

    Population 7,014
    Population Growth (5Y) +6.0%
    Median Household Income $80,574
    College Educated 63.5%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Jo Daviess County

    New Delisted

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