341 Spring Street, GALENA, IL 61036
Key Facts
Description
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.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Bed & Breakfest
Year Built
1838
Living Area
2,096 sq ft
Lot Size
0.46 acres
Ownership
Fee Simple
Days on Market
27
MLS® Listing#
202602119
Property Features
Appliances
Cooling
Heating
Fireplace
Basement
Parking
Construction
Roof
Sewer
Water Source
Schools
- Elementary:
- Galena
- Middle:
- Galena
- High:
- Galena
- District:
- Galena
Financial Details
Annual Taxes
$7,704
Tax year 2025
Parcel Number
2210063800
Affordability Calculator
$83,800
Estimated monthly payment
$2,230/mo
Principal $335,200 · Est. interest $467,634 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in GALENA, IL
- $364,151
- Median Listing Price
- 82
- Median Days on Market
- 1,972
- Median Sq Ft
- $199
- Median Price / Sq Ft
- 117
- Active Listings
- This home’s price is 15% above the area median.
- Its price per sq ft is right around the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in GALENA, IL.
Location
Points of Interest in GALENA, IL
Showing the GALENA area map.
Nearby Schools
Galena Primary School
Elementary · 1.0 mi away
Galena High School
Secondary · 1.0 mi away
Galena Unit School District #120
School · 1.1 mi away
Galena Middle School
Elementary · 1.2 mi away
Tri-State Christian School
Secondary · 1.6 mi away
Nativity of BVM School
School · 7.3 mi away
Southwestern Wisconsin High
Elementary · 8.3 mi away
St Joseph's School
School · 9.7 mi away
Scales Mound High School
Secondary · 10.2 mi away
Marquette High School
Secondary · 10.6 mi away
Bellevue Elementary School
Elementary · 10.7 mi away
River Ridge Elementary School
Secondary · 10.8 mi away
Bellevue High School
Secondary · 11.0 mi away
Benton School District
Secondary · 11.0 mi away
East Dubuque High School
Secondary · 11.4 mi away
St Mary's School
Elementary · 11.8 mi away
East Dubuque Elementary School
Elementary · 11.9 mi away
Table Mound Elementary School
Elementary · 13.2 mi away
Central Alternative High School
Secondary · 13.2 mi away
St. Columbkille Elementary School
Elementary · 13.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1 IRVINE, GALENA, IL | $320,000 | 3 | — | 2,347 |
| 1 IRVINE, Galena, IL | $320,000 | 3 | 3 | 1,905 |
| 3 Bluffwood Trail, GALENA, IL | $325,000 | 3 | — | 1,370 |
| 315 Territory Drive, Galena, IL | $329,900 | 3 | 2 | 1,362 |
| 6 Bob-O-Link Court, GALENA, IL | $339,900 | 3 | — | 1,460 |
| 5 Mosswood Path, Galena, IL | $349,500 | 4 | 2 | 2,200 |
Moving Cost Estimate
EXIT Agents in GALENA
Presented by: MARK SUMPTER