Property profile

800 Spring St Galena, IL 61036

FOR SALE
Commercial (General)
Property ID
US28-4685812
3.98 ac lot
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For Sale
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800 Spring St, Galena, IL 61036
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Property summary

AI-generated overview

The property is a two-level commercial building located on a 3.98-acre site in Galena, Illinois, with visibility and frontage along Highway 20/Spring Street. It contains over 11,000 square feet configured with a large retail showroom area and multiple office suites across both levels. The main level includes an open retail/showroom layout with 10-foot ceilings, finish work, display windows, private offices, reception areas, conference space, storage areas, multiple restroom facilities, and additional business spaces. The upper level provides office suites and workspaces along with storage rooms and flexible interior configurations, and includes access supported by a wraparound rear parking arrangement. The exterior features windows, frontage, and multiple entrances. The building is situated on a heavily traveled commercial corridor and is positioned within minutes of historic downtown Galena and nearby retail and dining amenities.

Property profile

Verified
Property type Commercial (General)
Lot 3.98 ac (173,369 SF)
APN 22-200-132-10
UPID US28-4685812

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice
  • Alternative Medicine Practice
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Carpet & Flooring Store Hardware & Home Improvement
  • Psychotherapist Addiction Treatment Center

Location

800 Spring St Galena, IL 61036
Galena metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2013
Last sale
$44,000
1 recorded transaction
2013
$44,000
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