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$230,000
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Property Description
earnest money location: TBD Owners switched property managers in 2025. June - Dec they grossed 15k. Airdna report attached to docs shows annual rental potential $30k. You'll love this stunning 2-bedroom, 2 full-bath condo tucked into a private, peaceful setting in The Galena Territory. This property holds an active short-term rental license and is uniquely set up with kids in mind-something you rarely find. Truly a unicorn opportunity for investors and second-home buyers alike. Tastefully decorated and sold fully furnished, this condo is turn-key and ready to continue as a successful short-term rental. Recent updates include a newer HVAC system, remodeled bathrooms, updated kitchen, all-new flooring, fresh interior paint, new electric fireplace, updated lighting and ceiling fans, and newer window treatments throughout. Owners and guests enjoy access to The Galena Territory's incredible amenities, including indoor and outdoor pools, hot tubs, recreation center, fitness facility, game room, multi-sport gym, pickleball courts, tennis courts, and more. During the 2025 prime season, this property achieved a 66% occupancy rate-and growing. Condo association fee: $330/month Galena Territory amenities: $1,404 annually
Full Property Details
Full Property Details for 43 Spring Creek Ln
General
- Price: $230,000
- HOA FEE: $330/month
- Taxes: $2,657 (2024)
- Status: Active
- Type: Townhouse
- Source: 2606
- MLS ID: 202600476
- Updated: 1/29/2026
- Added to Site: 8 day(s) ago
Interior
- Interior Features: Ceiling-Vaults/Cathedral, Window Treatments
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Yes
- Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Parking
- Garage Description: None
Location
- Area: Galena Territory
- Township: Guilford Township
- Subdivision: IL
School Information
- School District: River Ridge
- Elementary School: River Ridge
- Middle School: River Ridge
- High School: River Ridge
Community
- Assoc. Fees Include: Water, Lawn Care, Water Access, Clubhouse
Heating & Cooling
- Cooling Type: Central Air
- Water Heater: Electric
Utilities
- Sewer: City/Community
- Water: City/Community
Structural Information
- Architectural Style: Townhouse
- Exterior Const.: Cedar
- Roof: Shingle
- Square Feet: 1,030
- Year Built: 1987
Lot Features
- Frontage: County/City Road
Water Features
- Water Front Desc.: City/Community
Financial Considerations
- Price Per Sq. Ft.: $223.3
- For Sale/Rent/Lease: For Sale
- Association Fee: $330
- Assoc Fee Freq.: Monthly
- Tax Amount: $2,657
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: To follow on deed
- Flood plain: Yes
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Schools
Schools serving 43 Spring Creek Ln
School District:River Ridge Community Unit School District 210
| Name | Grades | Distance |
|---|---|---|
River Ridge Elementary School, Hanover, IL 4141 IL Route 84 S, Hanover, IL 61041 | PK-5 | 6.1 mi |
River Ridge Middle School, Hanover, IL 4141 IL Route 84 S, Hanover, IL 61041 | 6-8 | 6.1 mi |
River Ridge High School, Hanover, IL 4141 IL Route 84 S, Hanover, IL 61041 | 9-12 | 6.1 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 43 Spring Creek Ln
Date
Details
Price
Change
Source
1/29/2026
Listed
$230,000
85.48%
MLS
6/30/2005
Sold
$124,000
—
Public Record
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 43 Spring Creek Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,638
5%
$51,671
14%
2023
$2,514
37%
$45,159
59%
2022
$1,836
5%
$28,346
8%
2021
$1,745
—
$26,288
2%
2021
$1,745
-1%
$25,797
2%
2020
$1,756
2%
$25,366
-21%
2019
$1,722
-18%
$31,925
—
2018
$2,110
2%
$31,925
-12%
2017
$2,073
-10%
$36,316
—
2016
$2,314
1%
$36,316
-6%
2015
$2,302
—
$38,728
—
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 43 Spring Creek Ln
43 Spring Creek Lane, Galena, IL 61036 (MLS# 202600476) is a Townhouse property with 2 bedrooms and 2 full bathrooms. 43 Spring Creek Lane is currently listed for $230,000 and was received on January 29, 2026. Want to learn more about 43 Spring Creek Lane? Do you have questions about finding other Townhouse real estate for sale in Galena? You can browse all Galena real estate or contact a Coldwell Banker agent to request more information.

