Galena, IL 61036,223 S Main Street
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$990,000
Est. payment /mo
7,980 SqFt
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UPDATED:

12/19/2024 10:13 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 7,980 sqft

Price per Sqft $124

MLS Listing ID 202407000

Annual Tax Amount $13,545

Tax Year 2023

Lot Size 1,742 Sqft

Property Description

Own a piece of Galena's vibrant Main Street and seize a rare investment opportunity! This nearly 8,000-square-foot property is perfectly situated across from the historic DeSoto House Hotel, offering unparalleled visibility and charm. The Main Street storefront, spanning approximately 1,600 square feet, features ample retail space and convenient storage for the shop owner. Above the storefront, the second level includes a spacious apartment and a large dedicated storage area—perfect for keeping tools and supplies for on-site maintenance. The third level boasts two generously sized long-term rental apartments, ideal for steady income. Levels four and five are home to four beautifully appointed Airbnbs (two on each level), all with a proven track record of excellent rental history. Best of all, the purchase includes all furnishings for the Airbnbs, making them turn-key ready for your next guests. This unique property extends from Main Street to Bench Street, combining historic character, modern income potential, and an unbeatable location in the heart of Galena's bustling tourism district. Don't miss your chance to invest in one of Galena's most sought-after addresses! Pre-approval letter or Cash proof of Funds must be supplied in order to schedule a showing.

Location

State IL

County Jo Daviess County

Schools

School District Galena


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NorthWest Illinois Alliance of REALTORS®
Listed by KELLER WILLIAMS REALTY SIGNATURE

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223 S Main Street