Discover the perfect TURNKEY investment opportunity with this charming Settlement Cottage featuring a current Guest Accommodation License. Inside, you'll find a spacious eat-in kitchen, a welcoming living room, a full bathroom, and a bedroom on the main level. An open stairwell floods the upper level with natural light, leading to a large bedroom with a king-sized bed and sitting area, along with another full bathroom, a generous closet, and convenient washer and dryer. Step outside onto the deck—a delightful spot for sipping a beverage, diving into a good book, or grilling your favorite meal on the new grill. Recent upgrades include maintenance-free boards on the entryway and deck. Located just minutes from Historic downtown Galena, this retreat is surrounded by amenities including four onsite golf courses, a fishing lake, two swimming pools, the Shenandoah Riding Center for horse enthusiasts, and tennis and fitness areas. Settlement homes are part of the Eagle Ridge Townhouse Association (ERTA), providing maintenance for exterior siding, roofs, decks, chimneys, grounds, parking, snow removal, and trash collection for a monthly fee of $335. Sold furnished with a few exceptions, this property offers a turnkey investment opportunity.
Sold for $215,000 on 02/28/25
$215,000
16 Settler Ln, Galena, IL 61036
2beds
950sqft
Condominium, Townhouse
Built in 1984
-- sqft lot
$219,800 Zestimate®
$226/sqft
$1,174 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: February 28, 2025 at 07:55pm
Listed by:
Danielle Cline 608-630-4215,
Dc Rise Real Estate
Bought with:
Amanda Barker, 475212115
Dc Rise Real Estate
Source: NorthWest Illinois Alliance of REALTORS®,MLS#: 202405156
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Upper
- Area: 187
- Dimensions: 17 x 11
Bedroom 2
- Level: Main
- Area: 110
- Dimensions: 11 x 10
Dining room
- Level: Main
Living room
- Level: Main
- Area: 154
- Dimensions: 14 x 11
Heating
- Baseboard, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer, Electric Water Heater
Features
- Windows: Window Treatments
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 950
- Total interior livable area: 950 sqft
- Finished area above ground: 950
- Finished area below ground: 0
Property
Parking
- Parking features: None
Features
- Patio & porch: Deck
Lot
- Features: Wooded, Covenants, Restrictions
Details
- Parcel number: 0641000116
Construction
Type & style
- Home type: Townhouse
- Property subtype: Condominium, Townhouse
Materials
- Wood
- Roof: Shingle
Condition
- Year built: 1984
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Other
- Water: Other
Community & neighborhood
Location
- Region: Galena
- Subdivision: IL
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $335 monthly
- Services included: Maintenance Grounds, Snow Removal, Pool Access, Clubhouse
Other
Other facts
- Ownership: Fee Simple