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    Galena, IL
    Residential Income

    Galena, IL Residential Income Properties for Sale

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    East Dubuque, IL Hazel Green, WI Bellevue, IA Benton, WI Scales Mound, IL Elizabeth, IL Hanover, IL Dubuque, IA
    Historic Duplex with Short-Term Rental
    Updated: Jun 30
    Historic Duplex with Short-Term Rental

    209 S Prospect Street, Galena, IL 61036

    $850,000
    4,608 sqft
    4,608 square feet arranged as two separate residences
    Each residence offers 3 bedrooms and 3 bathrooms
    City of Galena short‑term rental license for 4‑person occupancy
    Built in 1900 with Federal‑style brick construction and Greek Revival influences
    Elevated setting with panoramic views across Galena and surrounding countryside
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    Four-Story Mixed-Use Building
    Updated: Sep 1
    Four-Story Mixed-Use Building

    304 S. Main Street, Galena, IL 61036

    Contact for pricing
    4,604 sqft
    4,604‑square‑foot brick building across four levels
    Retail area with entrances from both S. Main Street and Commerce Street
    Retail lease in place through April 2027
    Approximately 2,300‑square‑foot licensed short‑term rental with maximum occupancy of 10 guests
    Fourth floor approved for a long‑term rental apartment
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    Turnkey Short-Term Rental with Storefront
    Turnkey Short-Term Rental with Storefront

    205 S Main Street, Galena, IL 61036

    $1,950,000

    Turnkey short-term rental with two luxury suites, seven bedrooms, and four full baths plus a main-level storefront.

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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 11 Potential Opportunities for your consideration. Besides 3 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.

    Three-Story Multifamily Property
    Three-Story Multifamily Property

    204 S Riverview St, Bellevue, IA 52031

    $299,000
    4,800 sqft

    Residential income property with hardwood flooring on the first and third floors and carpeted second-floor space.

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    Duplex with Finished Lower Level
    Duplex with Finished Lower Level

    411 E Sycamore Street, Elizabeth, IL 61028

    $244,900
    3,024 sqft

    Both residences have private laundry, separate utilities, patios, and off-street parking.

    View details
    Duplex With Finished Lower Level
    Duplex With Finished Lower Level

    411 E Sycamore St, Elizabeth, IL 61028

    $244,900
    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.

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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.

    Planned Development Commercial Land
    Planned Development Commercial Land

    James and Irvine, Galena, IL 61036

    $88,500
    1.17 AC lot

    Parcel benefits from access to all City of Galena utility services.

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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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    Buildable Lot in Galena Territory
    Buildable Lot in Galena Territory

    5 Augusta Drive, Galena, IL 61036

    $39,500
    0.73 AC lot

    Buildable lot with water and sewer hookup in Galena, IL.

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    Galena, IL Residential Income Properties Market Trends and Statistics

    Explore 3 residential income properties for sale in Galena, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 9,212 square feet of properties for sale, with an estimated market value of $2,800,000.

    Sale prices for residential income properties in Galena, IL start at $850,000, averaging $1,400,000, and reaching up to $1,950,000 — 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 3
    Short term rental properties 3
    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 $1.4M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Jo Daviess County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Popular Searches in Galena, IL

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    Most Searched ZIP Codes in Galena, IL

    • 61036

    Featured Galena Real Estate Agencies

    Realmo connects you with licensed Galena CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Coldwell Banker Network Realty
    401 South Main Street Galena, IL 61036
    Phone: 18157776500
    www.ColdwellBankerNetworkRealty.com
    Eagle Ridge Realty
    5148 US Hwy 20 West Galena, IL 61036
    Phone: 18157772800
    www.EagleRidgeRealty.com
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