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For sale
  • $419,000

    341 Spring St, Galena, IL 61036

    4beds
    2,096sqft
    : 
    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
    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.
    7 days
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    572
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    23
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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#: 202602119MLS Logo

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      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
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        Estimated market value

        $396,200

        $376,000 - $416,000

        $1,503/mo

        Price history

        DateEventPrice
        4/17/2026Listed for sale$419,000-51.8%$200/sqft
        Source: NorthWest Illinois Alliance of REALTORS® #202602119 Report a problem
        4/7/2023Listing removed--
        Source: NorthWest Illinois Alliance of REALTORS® #202300877 Report a problem
        3/1/2023Listed for sale$870,000$415/sqft
        Source: NorthWest Illinois Alliance of REALTORS® #202300877 Report a problem

        Public tax history

        YearProperty taxesTax 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
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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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