205 S Main St

205 S Main St, Galena, IL 61036

Property Information

  • For Sale $1,950,000
  • Property Type Other
  • Property Size 7,423 SF
  • Year Built 1840
  • Date Updated Aug 22, 2026

Description

Potential investment opportunity in the heart of historic Galena! This beautifully restored mixed-use property is home to a highly successful short-term rental business and includes a transferable short-term rental license, making it truly turnkey for the next owner. Offered beautifully furnished, the guest accommodations are thoughtfully appointed and ready to continue generating income from day one. The property features two spacious luxury suites with a total of seven bedrooms and four full baths, expansive living and dining areas, updated kitchens, and convenient laundry facilities. A thriving storefront occupies the main level, providing additional income potential. A rare opportunity with exceptional charm and quality. Solar Panels on Roof Square footage sourced from architectural drawings.

Highlights

  • Age: Over 50 Years Old
  • Area Amenities: Aquatic Activities
  • Area Amenities: Area Boat Dock
  • Area Amenities: Area Boat Ramp
  • Area Amenities: Area Climbing
  • Area Amenities: Area Fishing
  • Area Amenities: Area Hiking
  • Area Amenities: Area Horse Riding/Stables
  • Area Amenities: Area Hunting
  • Area Amenities: Area Pool
  • Area Amenities: Area Skiing
  • Area Amenities: Area Snowmobiling
  • Area Amenities: Area Tennis
  • Area Amenities: Biking
  • Area Amenities: Boating
  • Area Amenities: Casino / Gambling
  • Area Amenities: Community Slip
  • Area Amenities: Golf
  • Area Amenities: Jogging / Biking Path
  • Area Amenities: Outdoor Activities

Contacts

Location

Contact Listing Broker
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