606 S Prospect Street Galena, IL $ 595,000
606 S Prospect Street
$ 595,000
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606 S Prospect Street

Galena, IL, 61036
$ 595,000
Baths0.0 Sq 3,472

Monthly Estimate*

$ 4,156

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Studio

Commercial Property for sale in Galena, IL

for $595,000. This 3,472 square foot building was built on a lot size of 0.12.

Don't miss your opportunity to own the Avery Guest House, a stately two story featuring 6 bedrooms and 6.5 baths, that combines the character and elegance of yesteryear with modern updates and convenience of today all in an unbeatable location just a couple blocks from Historic Main Street, Galena with excellent visibility from U.S. 20. Revel in the spaciousness and charm of well-kept property, featuring six generously sized bedrooms, each with its own nicely appointed private bath, high ceilings and gorgeous woodwork, two staircases including dramatic main stair and secondary rear stair, a separate office/den that could be utilized for non-live-in innkeeper attendance, ample laundry facilities, large kitchen with butler's pantry and charming built-ins, two car garage space for vehicles or storage, and an expansive rear covered porch and gazebo overlooking serene gardens and offering gorgeous Galena city views. Currently, two of the bedrooms serve as living quarters for the innkeepers, complete with a separate entrance, two bedrooms, two and a half bathrooms, a generously sized kitchen, living area that could be converted back to original formal dining room, and access to laundry facilities. Property carries a Small Inn license, and all six guest rooms could be utilized for rental income if so desired with a staffed innkeeper on-site at all times or continue the utilize the owner's quarters for on-site owner occupancy or innkeeper occupancy. Much of the furniture and personal property are included as part of business to allow an easy transition. Zoned Neighborhood Commercial. Truly an incredible property with lots of potential and flexibility in a location positioned in the heart of Galena!

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Commercial Active

Price

$ 595,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 12,262

Style

Commercial

Lot Size

0.12

Town/City

Galena

County/Region

Jo Daviess

MLS | Web ID

202401414

List By
Damon Heim

Listing Agent

Coldwell Banker Network Realty

Broker

damon.heim@cbnetworkrealty.com

Email

Affordability Calculator

$5,178
Per Month
80%
20%
0%
Monthly Principal & Interest
$4,156
Monthly Property Taxes
$1,022
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3439153 Elementary School
3439169 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/1/2024$595,000 Listed Price

Map


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606 S Prospect Street, Galena, IL, 61036 is a Commercial Property for sale at $595,000 with 3,472 sqft and a lot size of 0.12. 606 S Prospect Street is a studio with 0.0 baths. The property's zip code is 61036 which is in Galena, IL