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.
130 days
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Zillow last checked:
Listing updated:
Listed by:
MARK SUMPTER773-209-1987,
Dc Rise Real Estate
Source: NorthWest Illinois Alliance of REALTORS®,MLS#: 202601549
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: $156/sqft
Tax assessed value: $1,139,019
Annual tax amount: $27,097
Price range: $1.2M - $1.2M
Date on market: 3/21/2026
Cumulative days on market: 130 days
Ownership: Fee Simple
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,606/mo
Price history
Date
Event
Price
7/1/2026
Price change
$1,150,000-8%$156/sqft
Source: NorthWest Illinois Alliance of REALTORS® #202601549Report a problem
3/21/2026
Listed for sale
$1,250,000$170/sqft
Source: NorthWest Illinois Alliance of REALTORS® #202601549Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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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.