
334 Spring Street, GALENA, IL 61036
Jo Daviess County
Key Facts
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
Cooling
Heating
Construction
Roof
Sewer
Water Source
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
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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