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$940,000
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Property Description
Pre-approval or Cash proof of Funds must be supplied in order to schedule a showing. Earnest money can be done via Trust Funds (recommended) or checks can be mailed to Garrett Hillary - Keller Williams Realty Signature P.O. Box 6621 Galena, IL 61036. Own a piece of Galena's vibrant Main Street and seize a rare investment opportunity! This nearly 8,000-square-foot property is perfectly situated across from the historic DeSoto House Hotel, offering unparalleled visibility and charm. The Main Street storefront, spanning approximately 1,600 square feet, features ample retail space and convenient storage for the shop owner. Above the storefront, the second level includes a spacious apartment and a large dedicated storage area-perfect for keeping tools and supplies for on-site maintenance. The third level boasts two generously sized long-term rental apartments, ideal for steady income. Levels four and five are home to four beautifully appointed Airbnbs (two on each level), all with a proven track record of excellent rental history. Best of all, the purchase includes all furnishings for the Airbnbs, making them turn-key ready for your next guests. This unique property extends from Main Street to Bench Street, combining historic character, modern income potential, and an unbeatable location in the heart of Galena's bustling tourism district. Don't miss your chance to invest in one of Galena's most sought-after addresses! Pre-approval letter or Cash proof of Funds must be supplied in order to schedule a showing.
Full Property Details
Full Property Details for 223 S Main St
General
- Sold For: $940,000
- Taxes: $13,545 (2023)
- Status: Closed
- Type: Commercial
- Source: 2606
- MLS ID: 202407000
- Added to Site: 428 day(s) ago
Interior
- Flooring: Laminate, Wood, Carpet, Tile, Concrete
Location
- County: Jo Daviess County
- Township: JDC22-West Galena
- Subdivision: IL
School Information
- School District: Galena
Heating & Cooling
- Cooling Type: Window
- Heating Type: Gas Hot Water
- Water Heater: Natural Gas
Utilities
- Sewer: City
- Water: City
Structural Information
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Slab
- Roof: Rubber
- Common Walls: Drywall, Plaster, Other
- Doors: 3
- Sprinklers: Yes
- Square Feet: 7,980
- Retail: 1,596 Sq. Ft.
- Year Built: 1900
Financial Considerations
- Price Per Sq. Ft.: $117.79
- For Sale/Rent/Lease: For Sale
- Tax Amount: $13,545
- Tax Year: 2023
Listed by Keller Williams Realty Signature
Sold by Keller Williams Realty Signature
Get Pre-Approved Today
Schools
Schools serving 223 S Main St
School District:Galena Unit School District 120
| Name | Grades | Distance |
|---|---|---|
Galena Primary School 219 Kelly Lane, Galena, IL 61036 | PK-4 | 0.9 mi |
Galena Middle School 1230 Franklin Street, Galena, IL 61036 | 5-8 | 1.1 mi |
Galena High School 1206 Franklin Street, Galena, IL 61036 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 223 S Main St
Date
Details
Price
Change
Source
3/21/2025
Sold
$940,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
223 S Main Street, Galena, IL 61036 (MLS# 202407000) is a Commercial property that was sold at $940,000 on March 21, 2025. Want to learn more about 223 S Main Street? Do you have questions about finding other Commercial real estate for sale in Galena? You can browse all Galena real estate or contact a Coldwell Banker agent to request more information.

