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    Galena, IL
    Residential Income

    Galena, IL Residential Income Properties for Sale

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    East Dubuque, IL Bellevue, IA Hazel Green, WI Hanover, IL Dubuque, IA Elizabeth, IL Benton, WI Apple River, IL
    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 shingle roof
    Over 4,500 SF across two residences with a mix of owner‑occupant and rental‑use flexibility
    One side is licensed and operating as a City of Galena short‑term rental (4‑person occupancy) with 3 bedrooms and 3 full baths
    Short‑term rental features include a kitchen, spacious dining area, and a living room centered around a wood stove plus a private paver patio
    Owner’s residence includes an updated kitchen, 3 bedrooms and 3 baths, and an upper‑level laundry/mudroom plus a private aggregate patio
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    Turnkey Short-Term Rental with Storefront
    Updated: Jul 22
    Turnkey Short-Term Rental with Storefront

    205 S. Main Street, Galena, IL 61036

    Contact for pricing
    7,423 sqft
    Transferable short‑term rental license with furnished setup
    Two luxury suites with seven bedrooms and four full baths
    Main‑level storefront adds an additional income component
    Solar panels on the roof
    7,423 SF total building area
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, 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.

    Duplex With Finished Lower Level
    Duplex With Finished Lower Level

    411 E Sycamore St, Elizabeth, IL 61028

    $269,900
    3,024 sqft

    Two-unit property with private laundry, patios, off-street parking, and flexible finished and unfinished lower-level space.

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

    100 N 4th St, Bellevue, IA 52031

    $349,900
    1,512 sqft

    Victorian-style duplex with two 4-bedroom units, heated front porches, and a detached two-car garage on a corner lot.

    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
    Duplex with Private Patios
    Duplex with Private Patios

    411 E Sycamore Street, Elizabeth, IL 61028

    $269,900
    3,024 sqft

    Duplex built in 1979 with central air, natural gas forced-air heat, private laundry, and off-street parking.

    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.

    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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    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.

    View details
    Galena Territory Buildable Homesite
    Galena Territory Buildable Homesite

    3 Beacon Trail, Galena, IL 61036

    $30,000
    0.51 AC lot

    Buildable homesite with views and access to community amenities.

    View details

    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 12,031 square feet of properties for sale, with an estimated market value of $850,000.

    Sale prices for residential income properties in Galena, IL average $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
    Short term rental properties 2
    Duplexes 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Galena submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61036 $849.6K

    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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