42 Shorewood Drive
Galena, IL, 61036 $ 384,000
Bedrooms4 Baths3.1 Sq 3,555 Monthly Estimate*
$ 2,652
for $384,000 with 4 bedrooms and 3 full baths, 1 half bath. This 3,555 square foot home was built on a lot size of 0.69.
SPACIOUS, UPDATED GALENA TERRITORY RETREAT WITH SEASONAL LAKE VIEWS AND FLEXIBLE OWNERSHIP OPPORTUNITIES! Nestled among the trees near the end of Shorewood Drive, this beautifully updated 4-bedroom, 3.5-bath home offers wooded privacy, peaceful surroundings, and seasonal glimpses of Lake Galena. Featuring soaring wood-clad cathedral ceilings, expansive windows, a cozy wood-burning fireplace, and an open, inviting layout, this home is perfect for both relaxing and entertaining. Enjoy multiple outdoor living spaces, including a spacious screened porch, expansive rear deck, and welcoming front patio. The finished walk-out lower level adds valuable living and entertaining space with a wet bar, family room, and guest accommodations. Numerous updates enhance the home's appeal, including new flooring throughout most of the home, quartz countertops and updated kitchen and bath fixtures (2022), recessed LED lighting (2022), fresh interior paint, and replacement exterior doors (2022). Additional improvements include a furnace and water heater (2018), plus shingles and gutters (2016). Offered furnished with some exclusions via separate bill of sale. FLEXIBLE OPTIONS FOR THE NEXT OWNER! Whether you're seeking a full-time residence, vacation getaway, or potential short-term rental investment, this property offers exciting possibilities. While there is currently no active short-term rental license, the septic system is sized for 3 bedrooms, offering the potential to pursue a 3-bedroom rental license, subject to applicable approvals. The home is priced without a rental license in place, allowing buyers to explore this opportunity without paying a premium for an existing license. Conveniently located near Thunder Bay Falls and just minutes from the Galena Territory Owners' Club, Lake Galena, scenic trails, and the golf, dining, and spa amenities of Eagle Ridge Resort & Spa. A wonderful opportunity to enjoy everything The Galena Territory has to offer!
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FeaturesInteriorInterior Features Ceiling-Vaults/Cathedral Ceiling-Wood Decorative Radon Mitigation Active Walk-In Closet Whirlpool Tub Window Treatments
Fireplace Type Wood
Basement Yes
Bedroom 3 Level Upper
Bedroom 2 Level Upper
Fireplace Yes
Living Room Yes
Beds 4
Total Baths 4
Dining Room Yes
Dining Room Length Combo w/LR
Dining Room Width Combo w/LR
Family Room Width 12'9
Living Room Width 13'0
Recreation Room Level Lower
# of Fireplaces 1
Family Room Length 22'2
Living Room Length 29'1
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GeneralRoad Frontage Hard Surface Road
Sewer Septic
Heating Forced Air Propane
Kitchen Level Main
Cooling Central Air
Ownership Type Fee Simple
Possession Closing
Roof Shingle
Water City/Community
Water Heater LP Gas
Garage 0
HOA Fee 1404
Full Baths 3
Half Baths 1
Electric Circuit Breaker
Style 1.5 Story
Topography Wooded Covenants Lake View Restrictions Subdivision
Class HOUSE
Type House
Parcel Number 0620410000
HUD No
Tax Year 2025
Assoc Fee Paid Per Yearly
Basement Type Full
Status ACTIVE and AVAILABLE
Subdivision IL
Sale/Rent For Sale
Status Detail 0
Short Sale No
Fee Includes Pool Access Water Access Clubhouse Garbage
Primary City Galena
Year Built 1997
High School Galena
City GALENA
Taxes 8422
School District Galena
Elementary School Galena
Middle School Galena
Legal Description To follow on deed at closing.
DOM 2
Postal Code 61036
Price Per Sq Ft Total AG 108.02
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ExteriorExterior Cedar
Lot Size Area 0.69
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* Excluded FeaturesList ByDanielle ClineListing Agent
Dc Rise Real EstateBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,652
- Monthly Property Taxes
- $702
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbySingle family listings in Galena, IL
Average List Price $518,899
Percent of Sale Price 35%
About Galena, IL 3,425 Population
-2% Since 2002
$ 52,660 Median Income
46.93 Median Age
16% Households with Children
Trends Information provided by ATTOM Data Solutions.
3382903 Elementary School
3382892 Middle School
Galena High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/8/2026 | $384,000 | | Listed Price |