Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 5-bedroom, 4-bathroom single family at 1 Eagle in GALENA, IL is listed for $695,000 ($235 per sqft). the home offers 2,956 sqft of living space on a 1.82 acres lot.

Agent Description

Turnkey high-performing short-term rental (STR) with proven income, 4.9-star reviews, and rare hilltop views in the Galena Territory. This is a rare opportunity to acquire a fully operational, professionally designed short-term rental with a strong track record, repeat guest base, & significant upside following extensive 2025 renovations.

Positioned on one of the highest elevation lots in the Territory, this 5-bedroom, 3.5-bath home offers panoramic views, privacy, & a setting that is extremely difficult to replicate—one of the key drivers behind its consistent rental performance. The property generated $78,000 in gross rental revenue in 2024 & $73,000 in 2025 Per Owner, with reduced availability due to renovation work.

Following the updates, 2026 bookings are already trending approximately 30% ahead year over year. With over 450 combined reviews across platforms & an average rating of 4.9 stars, this is a proven, income-producing asset—not a speculative STR. Offered fully furnished and equipped, the home is truly turnkey and ready to generate income from day one.

The layout has been intentionally designed to maximize guest experience & booking appeal, with 4,162 square feet across three finished levels, multiple entertainment zones & amenities that consistently drive occupancy & higher nightly rates. The main level features a vaulted family room with a gas fireplace, spacious kitchen & dining area, laundry

room with sink, owner’s closet, & a primary suite with whirlpool tub, separate shower, & dual closets. The upper level includes 3 additional bedrooms, a full bath, & two loft areas—one configured for games and workspace, & the other a dedicated media lounge with a large TV, sound system, & comfortable seating.

The lower level is designed for group entertainment & extended stays, featuring a second family room with gas fireplace, bar area, arcade/video game, pool table, poker table, kids playroom, additional bedroom, & full bath. A 3-car garage further enhances functionality & includes a ping pong setup for additional guest entertainment.

Outdoor spaces are equally compelling, with a large deck off the kitchen offering seating for ten and a gas grill, as well as a walkout patio with an 8 person hot tub & firepit area—perfectly positioned to take advantage of the home’s exceptional elevation and views.

Extensive 2025 improvements were completed to enhance both guest experience & long-term performance, including a new roof, fresh interior paint, new carpet throughout, new lower-level flooring, new pool table, eight professionally mounted TVs with hidden wiring, premium sound system in the media loft, & all new furnishings across multiple living areas, lofts, dining spaces,& outdoor seating areas.

Additional features include a water softener, radon mitigation system,& plumbing in place for in-floor heating. Very few properties in the Galena Territory combine this level of elevation & views, size & layout for group accommodations, & a proven income history with strong guest satisfaction.

Optional discounted professional management is available for a seamless transition, allowing a new owner to maintain booking momentum & preserve the existing guest base. This is a true plug-and-play short-term rental investment with immediate cash flow and continued growth potential.

The Galena Territory has much to offer! Once rejuvenated from a memorable stay at this prized property, you and/or your guests can connect with the paved asphalt trail system. The trail leads you to all four Eagle Ridge Golf Courses, Lake Galena, Eagle Ridge Resort & Spa, and ultimately the Property Owners Club.

The Club includes indoor/outdoor pools, tennis/pickleball courts, fitness center, boating/kayaking/fishing on Lake Galena, 20 miles of nature/hiking trails or you can mosey on down to the Shenandoah Horseback Riding Center. Be sure to make time to explore the historic City of Galena – a short 10 minute car ride to restaurants, shopping and activities.

Key Features

  • 1.82 acre lot
  • 2 stories
  • 3 parking spaces
  • Fireplace

Property Details

2 stories
3 full, 1 half
3 spaces

Amenities

FireplaceBasement

Monthly Cost Estimate

$3,717/mo

20% down · 6.5% · 30 years

Principal$503
Interest$3,012
Insurance$203

Estimates only. Actual payments may vary.

Location

1 Eagle

GALENA, IL 61036

Features & Amenities

Interior Features

Laundry 1st FloorMain Floor Primary

Exterior Features

DeckPatio

Property Details

Parking

Garage

Heating

Fireplace(s)Forced AirPropane (Heating)

Cooling

Central Air

Appliances

CooktopDishwasherDryerMicrowaveRefrigeratorWasherWater - Softener

Questions & Answers

This 5-bedroom, 4-bathroom single family at 1 Eagle is listed at $695,000 ($235/sqft). The estimated monthly payment is $3,012 based on 20% down at 6.5% interest.

Key features include: 1.82 acre lot, 2 stories, 3 parking spaces, Fireplace. Interior Features: Laundry 1st Floor, Main Floor Primary. Exterior Features: Deck, Patio.

This property is listed by Peter Brennan and can be reached at 8152382878 or pete.brennan@cbnetworkrealty.com.

Similar Homes in GALENA

View all
PB

Peter Brennan

Agent at COLDWELL BANKER NETWORK REALTY

(815) 238-2878

Listed by COLDWELL BANKER NETWORK REALTY · View on Broker Site

MLS# 202601808· Source: listhub· Updated 7 days ago

Copyright © 2026 NorthWest Illinois Alliance of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1 Eagle, GALENA, IL 61036

Open this listing in: