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$419,000 Just Listed
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Property Description
PROOF OF QUALIFICATION REQUIRED BEFORE SHOWING. No financials will be shared without proof of qualification, and prefer potential buyer view the property first to ensure interest before requesting financial information. Dimensions and taxes based on both parcels. Acreage and square footage from County records. Earnest money to be held TBD. Rare opportunity to acquire a fully operational, income-producing commercial property with additional buildable land and ample parking-offering immediate cash flow and long-term upside. Unlock the potential of this versatile commercial property, currently operating as Greenbriar Suites, offering multiple income and redevelopment opportunities in one prime package. Zoned commercial and situated on 0.46 acres (including two additional buildable lots), this property is ideal for continued use as a bed & breakfast, or conversion to professional offices, boutique retail, or other business ventures. The property includes four private guest suites, each with its own exterior entrance, full bath, gas fireplace, and furnishings (included if desired)-well-suited for short-term rentals or easily adapted for individual office or retail use. Operational features include zoned heating, two 50-gallon gas water heaters, and a large laundry room, all of which support efficient day-to-day operations. Guests and clients will appreciate 10 dedicated parking spaces, along with a charming rear deck/patio that enhances the overall experience. The building is currently configured in conjunction with the owner's residence to meet inn requirements. While the residence is not included in this listing, it may be purchased separately by the buyer of the suites, creating a unique opportunity for a live/work setup or expanded hospitality use. With flexible zoning, strong infrastructure, ample parking, and additional buildable land, this property presents a rare chance to own, operate, or reimagine a business in a high-demand setting.
Full Property Details
Full Property Details for 341 Spring St
General
- Price: $419,000
- Taxes: $8,454 (2024)
- Status: Active
- Type: Single Family
- Source: 2606
- MLS ID: 202602119
- Updated: 4/20/2026
- Added to Site: 4 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Window Treatments
- Fireplace: Yes
- Number of Fireplaces: 4
- Fireplace(s): Gas
- Appliances: Dryer, Washer, Water Softener Rented
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Parking
- Garage Description: Gravel
Location
- Area: Jo Daviess County
- County: Jo Daviess
- Township: West Galena Township
- Subdivision: IL
School Information
- School District: Galena
- Elementary School: Galena
- Middle School: Galena
- High School: Galena
Heating & Cooling
- Cooling Type: Central Air, Zoned
- Water Heater: Gas
Utilities
- Sewer: City/Community
- Water: City/Community
Structural Information
- Architectural Style: Bed & Breakfest
- Exterior Const.: Brick/Stone, Siding, Wood
- Basement: Yes
- Basement Desc.: Partial Exposure
- Roof: Shingle
- Square Feet: 2,096
- Year Built: 1838
Lot Features
- Frontage: State Highway
Water Features
- Water Front Desc.: City/Community
Financial Considerations
- Price Per Sq. Ft.: $199.9
- For Sale/Rent/Lease: For Sale
- Tax Amount: $8,454
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: ORIGINAL LOTS BLOCK 9 LOT 27 & E 9' LOT 25 and ORIGINAL LOTS BLOCK 9 LOTS 29 & 30 (from the tax bills)
- Flood plain: Yes
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Schools
Schools serving 341 Spring St
School District:Galena Unit School District 120
| Name | Grades | Distance |
|---|---|---|
Galena Primary School 219 Kelly Lane, Galena, IL 61036 | PK-4 | 1 mi |
Galena Middle School 1230 Franklin Street, Galena, IL 61036 | 5-8 | 1.2 mi |
Galena High School 1206 Franklin Street, Galena, IL 61036 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 341 Spring St
Date
Details
Price
Change
Source
4/17/2026
Listed
$419,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 341 Spring St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,493
9%
$97,173
11%
2023
$6,894
—
$87,541
19%
2022
$6,894
18%
$73,868
9%
2021
$5,839
—
$68,050
8%
2021
$5,839
5%
$63,179
—
2020
$5,580
1%
$63,187
-3%
2019
$5,545
—
$65,013
3%
2018
$5,570
4%
$63,390
—
2017
$5,337
2%
$63,390
—
2016
$5,221
-1%
$63,411
—
2015
$5,252
—
$63,411
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 341 Spring St
341 Spring Street, Galena, IL 61036 (MLS# 202602119) is a Single Family property with 4 bedrooms and 4 full bathrooms. 341 Spring Street is currently listed for $419,000 and was received on April 17, 2026. Want to learn more about 341 Spring Street? Do you have questions about finding other Single Family real estate for sale in Galena? You can browse all Galena real estate or contact a Coldwell Banker agent to request more information.

