900 Third Street Active Save Request In-Person Tour Request Virtual Tour
Galena,IL 61036
Key Details
Property Type Single Family Home
Sub Type House
Listing Status Active
Purchase Type For Sale
Square Footage 3,784 sqft
Price per Sqft $257
Subdivision Il
MLS Listing ID 202302443
Style Bed & Breakfest
Bedrooms 6
Full Baths 6
Half Baths 1
Annual Tax Amount $9,574
Tax Year 2022
Lot Size 0.430 Acres
Property Description
*Top-rated, profitable, and recently renovated* Aldrich Guest House offers aspiring innkeepers a dream come true. This 5-room B&B boasts impressive financials, loyal guests, and a strong online presence, all primed for continued success. *Extensive renovations* Recent improvements mean low maintenance costs, including roof replacement (2023), all windows replaced (2023), full kitchen renovation and new appliances (2022), HVAC systems, tankless water heaters, and landscaping to name a few. The property has ductless heat pumps/mini splits for more efficient heating and cooling and personal control in the rooms. Each guest room has also been updated to reflect the home's history instead of outdated decor, prioritizing sustainability and preservation. *Financials are impressive* Revenue, rates, and occupancy consistently exceed the competition. This strong performance translates to immediate return on investment for new owners. Additionally, Aldrich Guest House boasts over 1000 five-star reviews and numerous awards, solidifying its position as a top hospitality property. *A fully updated website and active social media presence* Facebook, Instagram, and Pinterest provide a strong foundation for continued marketing success. New owners can easily adapt these platforms to their vision while inheriting a dedicated follower base. *Ideal Location* Situated in a charming neighborhood, the inn is within walking distance of Galena's vibrant downtown and a short drive from other attractions. Galena's proximity to major cities like Chicago and Milwaukee guarantees a steady stream of year-round visitors. *In summary* Aldrich Guest House is a turnkey opportunity. Recent updates minimize upkeep, strong financials ensure profitability, and established effective marketing positions the B&B for continued success. The next owners can seamlessly transition this beloved property into their own unique vision, building upon the legacy of hospitality excellence.
Location
State IL
County Jo Daviess County
Area Galena
Rooms
Family Room Yes
Basement Partial
Primary Bedroom Level Upper
Dining Room Yes
Interior
Interior Features Book Cases Built In,Ceiling Fans/Remotes,Countertop-Granite,Window Treatments
Hot Water Tankless
Heating Forced Air,Zoned,Natural Gas
Cooling Central Air,Wall Unit,Zoned
Fireplaces Number 1
Fireplaces Type Gas
Exterior
Exterior Feature Brick/Stone
Parking Features Detached
Garage Spaces 2.0
Roof Type Shingle
Building
Sewer City/Community
Water City/Community
Schools
Elementary Schools Galena
Middle Schools Galena
High Schools Galena
School District Galena
Others
Ownership Fee Simple