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$425,000
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Property Description
Earnest money TBD. Beautifully maintained and ideally located, this turn-key home in the heart of The Galena Territory offers both comfort and strong rental appeal. Currently licensed with a steady rental history, it's a fantastic opportunity for investors or those seeking a personal getaway. The main level features true one-level living with a spacious primary suite complete with a king bed and adjoining bath with jetted tub. You'll also find a bright living room with soaring ceilings, skylights, a cozy wood-burning fireplace, and an open-concept kitchen and dining area with walk-in pantry. Step outside to enjoy a screened-in porch with seating for eight and an adjacent deck with gas grill - perfect for entertaining or relaxing while overlooking the private, wooded backyard. A beautifully landscaped firepit area adds to the outdoor experience. Abundant windows and skylights fill the home with natural light throughout. Sold furnished and move-in ready, this property is just minutes from Eagle Ridge Resort & Spa and all core amenities.
Full Property Details
Full Property Details for 7 Colony Ln
General
- Price: $425,000
- HOA FEE: $117/month
- HOA FEE FREQ.: Yearly
- Taxes: $6,636 (2024)
- Status: Active
- Type: Single Family
- Source: 2606
- MLS ID: 202601479
- Updated: 3/18/2026
- Added to Site: 10 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Ceiling-Vaults/Cathedral, Radon Mitigation Active, Walk-In Closet, Whirlpool Tub, Window Treatments
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood
- Appliances: Disposal, Dishwasher, Microwave, Refrigerator, Stove/Cooktop, Washer, Water Softener, LP Gas Tank Rented
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Parking
- Garage Description: Asphalt, None
Location
- Area: Jo Daviess County
- County: Jo Daviess
- Township: East Galena
- Subdivision: IL
School Information
- School District: Galena
- Elementary School: Galena
- Middle School: Galena
- High School: Galena
Community
- Assoc. Fees Include: Pool Access, Clubhouse
Heating & Cooling
- Cooling Type: Central Air
- Water Heater: Electric
Utilities
- Sewer: City/Community
- Water: City/Community
Structural Information
- Architectural Style: 2 Story
- Exterior Const.: Cedar
- Basement: Yes
- Basement Desc.: Basement Entrance, Finished
- Roof: Shingle
- Square Feet: 2,116
- Year Built: 1990
Lot Features
- Frontage: County/City Road, Hard Surface Road
Water Features
- Water Front Desc.: City/Community
Financial Considerations
- Price Per Sq. Ft.: $200.85
- For Sale/Rent/Lease: For Sale
- Association Fee: $1,404
- Assoc Fee Freq.: Yearly
- Tax Amount: $6,636
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: To follow on deed
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Schools
Schools serving 7 Colony Ln
School District:Galena Unit School District 120
| Name | Grades | Distance |
|---|---|---|
Galena Primary School 219 Kelly Lane, Galena, IL 61036 | PK-4 | 5.1 mi |
Galena Middle School 1230 Franklin Street, Galena, IL 61036 | 5-8 | 5.2 mi |
Galena High School 1206 Franklin Street, Galena, IL 61036 | 9-12 | 5.1 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 7 Colony Ln
Date
Details
Price
Change
Source
3/18/2026
Listed
$425,000
88.89%
MLS
11/21/2007
Sold
$225,000
—
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 7 Colony Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,636
20%
$95,978
23%
2023
$5,547
—
$78,292
17%
2022
$5,547
17%
$66,768
8%
2021
$4,752
—
$61,765
1%
2021
$4,752
-2%
$61,106
—
2020
$4,830
1%
$61,106
—
2019
$4,795
2%
$61,198
—
2018
$4,692
2%
$61,198
46%
2017
$4,596
49%
$41,860
—
2016
$3,084
—
$41,860
-6%
2015
$3,091
—
$44,639
—
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 7 Colony Ln
7 Colony Lane, Galena, IL 61036 (MLS# 202601479) is a Single Family property with 4 bedrooms and 3 full bathrooms. 7 Colony Lane is currently listed for $425,000 and was received on March 18, 2026. Want to learn more about 7 Colony Lane? 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.

