Single Family Home $ 1,250,000

334 Spring Street

Galena, IL 61036

  • 10 Beds
  • 10.5 Baths
    Full Baths: 10 Half Baths: 1
  • 7,364 SqFt
  • 0.32 Lot Size
  • - Year Built
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.
Listed by MARK SUMPTER of DC Rise Real Estate

PROPERTY DETAIL

  • Key Details

    Property Type Single Family Home

    Sub Type House

    Listing Status Active

    Purchase Type For Sale

    Square Footage 7, 364 sqft

    Price per Sqft $169

    Subdivision Il

    MLS Listing ID 202601549

    Style Bed & Breakfest

    Bedrooms 10

    Full Baths 10

    Half Baths 1

    Annual Tax Amount $29,277

    Tax Year 2024

    Lot Size 0.320 Acres

    Property Sub-Type House

  • Location

    State IL

    Area Jo Daviess County

  • Rooms

    Family Room Yes

    Primary Bedroom Level Main

    Dining Room Yes

  • Building

    Sewer City/Community

    Water City/Community

  • Interior

    Interior Features Book Cases Built In, Ceiling Fan(s), Whirlpool Tub, Window Treatments

    Hot Water Electric

    Heating Forced Air, Baseboard, Zoned, Natural Gas, Electric

    Cooling Central Air, Wall Unit, None

    Fireplaces Number 3

    Fireplaces Type Electric

  • Exterior

    Exterior Feature Brick/Stone, Siding

    Parking Features None

    Roof Type Shingle,Rubber

  • Schools

    Elementary Schools Galena

    Middle Schools Galena

    High Schools Galena

    School District Galena

  • Others

    Ownership Fee Simple

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CONTACT

Mark Sumpter
Mark Sumpter

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