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334 Spring Street, GALENA, IL 61036

Jo Daviess County

Key Facts

10Beds
10+1Baths
7,364Sq Ft
1867Year Built
0.32Lot (acres)

Description

Step into a rare piece of American history with Farmers Guest House, a luxurious, fully operational, and nationally recognized bed & breakfast ideally located on Spring Street just moments from Main Street downtown Galena. Originally established in 1867 and believed to be the longest continuously operating inn in Galena, this exceptional property offers a unique opportunity to own a historically successful business, as well as a true legacy asset. Set in one of the Midwest’s most established tourism markets, Farmers Guest House benefits from Galena's consistent year-round visitor demand, strong brand recognition, and repeat clientele. The inn has earned national attention through multiple “Best Of” and “Top 10” rankings among premier U.S. bed & breakfasts, reinforcing its premium positioning and reputation for exceptional guest experiences. The property features 9 guest accommodations, each with a private en-suite bathroom and individually controlled HVAC. The nine accommodations include three suites, each with a king bed, jacuzzi, and fireplace; plus three king-bed guest rooms; and three queen-bed guest rooms. These three rooming categories create three different price points for guests. Also, one of the three suites is a separate private cottage situated in the inn's spacious rear garden, offering a ground-floor living area with a half bath, a fireplace, and a jacuzzi, as well as an upper-level bedroom with a full bath. The cottage is ideal for premium stays or extended visits. Guests enjoy a variety of thoughtfully designed common spaces at the inn, including a comfortable lounge for relaxation, reading, or socializing; a spacious dining room; and private outdoor patios and gardens, which enhance the guest experience year-round. Additional amenities include an on-site massage studio that supports both individual and couples massages; two laundries, one on each of the inn's two floors; and ample linen storage, supporting efficiency and elevated service. The owner’s suite--complete with a private bedroom, bathroom, and living area--allows for seamless on-site management or live-in ownership. Located in the Galena National Historic District, this is one of the few lodging properties that operates in its original capacity, offering historic significance, operational continuity, and long-term value. This offering represents a rare combination of turnkey hospitality business, lifestyle investment, and income-producing real estate, with operational continuity and upside through revenue optimization and expanded marketing strategies.

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

Bed & Breakfest

Year Built

1867

Living Area

7,364 sq ft

Lot Size

0.32 acres

Ownership

Fee Simple

Days on Market

102

MLS® Listing#

202601549

Property Features

Appliances

Gas CooktopDishwasherDryerRefrigeratorWasherElectric Water Heater

Cooling

Central Air

Heating

BaseboardElectricForced AirNatural Gas

Construction

Brick

Roof

RubberShingle

Sewer

Public Sewer

Water Source

Public

Schools

Elementary:
Galena
Middle:
Galena
High:
Galena
District:
Galena

Financial Details

Annual Taxes

$27,097

Tax year 2025

Parcel Number

2210066220

Affordability Calculator

$230,000

Estimated monthly payment

$6,121/mo

Principal $920,000 · Est. interest $1,283,482 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 216% above the area median.
  • Its price per sq ft is 22% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in GALENA, IL.

Location

Map showing the location of 334 Spring Street, GALENA, IL 61036

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 · 13.1 mi away

  • Central Alternative High School

    Secondary · 13.2 mi away

  • St. Columbkille Elementary School

    Elementary · 13.3 mi away

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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the NorthWest Illinois Alliance of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 NorthWest Illinois Alliance of REALTORS®. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by RockfordIL. MLS® Listing#202601549. © 2026EXIT Realty®. All rights reserved.