Residential Income

Galena, IL Residential Income 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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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.

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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.

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Mixed-Use Property Near Millwork District
Mixed-Use Property Near Millwork District

653 White Street, Dubuque, IA 52001

$290,000

Versatile property with commercial and residential income potential.

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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.

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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.

Galena Commercial Land For Sale
Galena Commercial Land For Sale

James and Irvine, Galena, IL 61036

$88,500
1.17 AC lot

1.178 acre commercial land parcel in Galena, Illinois.

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Wooded Lot in Galena Meadows
Wooded Lot in Galena Meadows

Ryan Court lot: 70, Galena, IL 61036

$49,500
0.49 AC lot

Sloping wooded lot in Galena near schools and shopping.

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Residential Land in Deer Run
Residential Land in Deer Run

N Cross Road, Galena, IL 61036

Contact for pricing
1.00 AC lot

One acre lot in Galena school district.

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Homesite with Golf Course Views
Homesite with Golf Course Views

19 Timberline Drive, Galena, IL 61036

$120,000
0.57 AC lot

Private homesite with golf course views in Galena, Illinois.

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Galena, IL Residential Income Properties Market Trends and Statistics

Explore 2 residential income 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 residential income 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

Multifamily properties 2
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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