Rare opportunity to acquire a fully operational, income-producing commercial property with additional buildable land and ample parking—offering immediate cash flow and long-term upside. Unlock the potential of this versatile commercial property, currently operating as Greenbriar Suites, offering multiple income and redevelopment opportunities in one prime package. Zoned commercial and situated on 0.46 acres (including two additional buildable lots), this property is ideal for continued use as a bed & breakfast, or conversion to professional offices, boutique retail, or other business ventures. The property includes four private guest suites, each with its own exterior entrance, full bath, gas fireplace, and furnishings (included if desired)—well-suited for short-term rentals or easily adapted for individual office or retail use. Operational features include zoned heating, two 50-gallon gas water heaters, and a large laundry room, all of which support efficient day-to-day operations. Guests and clients will appreciate 10 dedicated parking spaces, along with a charming rear deck/patio that enhances the overall experience. The building is currently configured in conjunction with the owner’s residence to meet inn requirements. While the residence is not included in this listing, it may be purchased separately by the buyer of the suites, creating a unique opportunity for a live/work setup or expanded hospitality use. With flexible zoning, strong infrastructure, ample parking, and additional buildable land, this property presents a rare chance to own, operate, or reimagine a business in a high-demand setting.
For sale
$419,000
341 Spring St, Galena, IL 61036
4beds
2,096sqft
Est.:
Single Family Residence
Built in 1838
0.46 Acres Lot
$396,200 Zestimate®
$200/sqft
$-- HOA
What's special
Gas fireplaceFour private guest suitesZoned heatingAdditional buildable landLarge laundry roomAmple parking
- 7 days |
- 572 |
- 23 |
Zillow last checked:
Listing updated:
Listed by:
MARK SUMPTER 773-209-1987,
Dc Rise Real Estate
Source: NorthWest Illinois Alliance of REALTORS®,MLS#: 202602119
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 345.4
- Dimensions: 23.42 x 14.75
Bedroom 2
- Level: Main
- Area: 328.81
- Dimensions: 22.17 x 14.83
Bedroom 3
- Level: Upper
- Area: 345.4
- Dimensions: 23.42 x 14.75
Bedroom 4
- Level: Upper
- Area: 273.33
- Dimensions: 20 x 13.67
Heating
- Forced Air, Zoned, Natural Gas
Cooling
- Central Air, Zoned
Appliances
- Included: Dryer, Washer, Water Softener Rented, Gas Water Heater
- Laundry: In Basement
Features
- Windows: Window Treatments
- Basement: Partial,Partial Exposure
- Number of fireplaces: 4
- Fireplace features: Gas
Interior area
- Total structure area: 2,096
- Total interior livable area: 2,096 sqft
- Finished area above ground: 2,096
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel
Features
- Patio & porch: Deck
Lot
- Size: 0.46 Acres
- Features: County Taxes, City/Town
Details
- Additional parcels included: 2210064000
- Parcel number: 2210063800
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bed & Breakfest
- Property subtype: Single Family Residence
Materials
- Brick/Stone, Siding, Wood
- Roof: Shingle
Condition
- Year built: 1838
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: $200/sqft
- Tax assessed value: $291,519
- Annual tax amount: $8,454
- Price range: $419K - $419K
- Date on market: 4/17/2026
- Cumulative days on market: 8 days
- Ownership: Fee Simple
Estimated market value
$396,200
$376,000 - $416,000
$1,503/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2026 | Listed for sale | $419,000-51.8%$200/sqft |
Source: | ||
| 4/7/2023 | Listing removed | -- |
Source: | ||
| 3/1/2023 | Listed for sale | $870,000$415/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,493 +8.7% | $97,173 +11% |
| 2023 | $6,894 +11.9% | $87,541 +18.5% |
| 2022 | $6,164 +5.6% | $73,868 +8.5% |
| 2021 | $5,839 +4.6% | $68,050 +7.7% |
| 2020 | $5,580 +0.6% | $63,179 0% |
| 2019 | $5,545 -0.5% | $63,187 -2.8% |
| 2018 | $5,570 | $65,013 +2.6% |
| 2017 | $5,570 +4.4% | $63,390 |
| 2016 | $5,337 +2.2% | $63,390 0% |
| 2015 | $5,221 -0.6% | $63,411 |
| 2014 | $5,252 +10.6% | $63,411 |
| 2013 | $4,750 | $63,411 -1.3% |
| 2010 | -- | $64,251 +2.4% |
| 2009 | -- | $62,745 |
Find assessor info on the county website
Monthly payment
Est. payment
$2,644/mo
Principal & interest
$2036
Property taxes
$608
More affordability tools
Climate risks
Neighborhood: 61036
Nearby schools
GreatSchools rating
- 8/10Galena Primary SchoolGrades: PK-4Distance: 1 mi
- NAGalena Middle SchoolGrades: 5-8Distance: 1.2 mi
- 4/10Galena High SchoolGrades: 9-12Distance: 1.1 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Illinois
- Jo Daviess County
- Galena
- 61036
- 341 Spring St



