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For sale
  • $1,250,000

    334 Spring St, Galena, IL 61036

    10beds
    7,364sqft
    : 
    Single Family Residence
    Built in 1867
    0.32 Acres Lot
    $1,126,000 Zestimate®
    $170/sqft
    $-- HOA

    What's special

    Three queen-bed guest roomsThree king-bed guest roomsOn-site massage studioIndividually controlled hvacAmple linen storageSpacious dining room
    Step into a rare piece of American history with Farmers Guest House, a luxurious, fully operational, and nationally recognized bed & breakfast ideally located on Spring Street just moments from Main Street downtown Galena. Originally established in 1867 and believed to be the longest continuously operating inn in Galena, this exceptional property offers a unique opportunity to own a historically successful business, as well as a true legacy asset. Set in one of the Midwest’s most established tourism markets, Farmers Guest House benefits from Galena's consistent year-round visitor demand, strong brand recognition, and repeat clientele. The inn has earned national attention through multiple “Best Of” and “Top 10” rankings among premier U.S. bed & breakfasts, reinforcing its premium positioning and reputation for exceptional guest experiences. The property features 9 guest accommodations, each with a private en-suite bathroom and individually controlled HVAC. The nine accommodations include three suites, each with a king bed, jacuzzi, and fireplace; plus three king-bed guest rooms; and three queen-bed guest rooms. These three rooming categories create three different price points for guests. Also, one of the three suites is a separate private cottage situated in the inn's spacious rear garden, offering a ground-floor living area with a half bath, a fireplace, and a jacuzzi, as well as an upper-level bedroom with a full bath. The cottage is ideal for premium stays or extended visits. Guests enjoy a variety of thoughtfully designed common spaces at the inn, including a comfortable lounge for relaxation, reading, or socializing; a spacious dining room; and private outdoor patios and gardens, which enhance the guest experience year-round. Additional amenities include an on-site massage studio that supports both individual and couples massages; two laundries, one on each of the inn's two floors; and ample linen storage, supporting efficiency and elevated service. The owner’s suite--complete with a private bedroom, bathroom, and living area--allows for seamless on-site management or live-in ownership. Located in the Galena National Historic District, this is one of the few lodging properties that operates in its original capacity, offering historic significance, operational continuity, and long-term value. This offering represents a rare combination of turnkey hospitality business, lifestyle investment, and income-producing real estate, with operational continuity and upside through revenue optimization and expanded marketing strategies.
    40 days
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    955
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    42
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    Zillow last checked:

    Listing updated:

    Listed by:

    MARK SUMPTER 773-209-1987,

    Dc Rise Real Estate

    Source: NorthWest Illinois Alliance of REALTORS®,MLS#: 202601549MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 11
      • Full bathrooms: 10
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 2
      Primary bedroom
      • Level: Main
      • Area: 205.59
      • Dimensions: 12.92 x 15.92
      Bedroom 2
      • Level: Main
      • Area: 607.75
      • Dimensions: 15.58 x 39
      Bedroom 3
      • Level: Upper
      • Area: 232.5
      • Dimensions: 15 x 15.5
      Bedroom 4
      • Level: Upper
      • Area: 139.66
      • Dimensions: 9.92 x 14.08
      Dining room
      • Level: Main
      • Area: 666.07
      • Dimensions: 18.42 x 36.17
      Family room
      • Level: Main
      • Area: 287.83
      • Dimensions: 15.92 x 18.08
      Kitchen
      • Level: Main
      • Area: 194.25
      • Dimensions: 15.75 x 12.33
      Living room
      • Level: Main
      • Area: 430.99
      • Dimensions: 11.92 x 36.17
      Heating
      • Forced Air, Baseboard, Zoned, Natural Gas, Electric
      Cooling
      • Central Air, Wall Unit(s), None
      Appliances
      • Included: Dishwasher, Dryer, Refrigerator, Stove/Cooktop, Washer, Electric Water Heater
      • Laundry: Main Level, Upper Level
      Features
      • Book Cases Built In
      • Windows: Window Treatments
      • Has basement: No
      • Number of fireplaces: 3
      • Fireplace features: Electric
      Interior area
      • Total structure area: 7,364
      • Total interior livable area: 7,364 sqft
      • Finished area above ground: 7,364
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: None
      Features
      • Patio & porch: Patio
      • Has spa: Yes
      • Spa features: Bath
      Lot
      • Size: 0.32 Acres
      • Features: City/Town
      Details
      • Parcel number: 2210066220

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bed & Breakfest
      • Property subtype: Single Family Residence
      Materials
      • Brick/Stone, Siding
      • Roof: Shingle,Rubber
      Condition
      • Year built: 1867

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: City/Community
      • Water: City/Community

      Community & HOA

      Community
      • Subdivision: IL
      Location
      • Region: Galena

      Financial & listing details

      • Price per square foot: $170/sqft
      • Tax assessed value: $1,139,019
      • Annual tax amount: $29,277
      • Price range: $1.3M - $1.3M
      • Date on market: 3/21/2026
      • Cumulative days on market: 41 days
      • Ownership: Fee Simple
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        Estimated market value

        $1,126,000

        $1.07M - $1.18M

        $1,571/mo

        Price history

        DateEventPrice
        3/21/2026Listed for sale$1,250,000$170/sqft
        Source: NorthWest Illinois Alliance of REALTORS® #202601549 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$29,277 +34.7%$379,673 +37.6%
        2023$21,731 +11.9%$275,934 +18.5%
        2022$19,428 +5.6%$232,836 +8.5%
        2021$18,404 +4.6%$214,497 +7.7%
        2020$17,588 +4.3%$199,143 +3.6%
        2019$16,861 -0.5%$192,135 -2.8%
        2018$16,938 $197,690 +2.6%
        2017$16,938 +4.4%$192,755
        2016$16,227 +2.2%$192,755 +1%
        2015$15,877 +0.4%$190,849
        2014$15,807 +16.8%$190,849 +0.1%
        2013$13,539 $190,722 -12.9%
        2010-- $218,979 +2.4%
        2009-- $213,847

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $8,258/mo
        Principal & interest
        $6446
        Property taxes
        $1812
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          Climate risks

          Neighborhood: 61036

          Getting around

          63 / 100
          Somewhat Walkable
          31 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Galena
          • Middle: Galena
          • High: Galena
          • District: Galena

          Source: NorthWest Illinois Alliance of REALTORS®. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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