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About This Home
This 4-bedroom, 4-bathroom single family at 341 Spring in GALENA, IL is listed for $419,000 ($380 per sqft). the home offers 1,104 sqft of living space on a 0.46 acres lot.
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.
Key Features
- 0.46 acre lot
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$2,241/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
341 Spring
GALENA, IL 61036
Features & Amenities
Interior Features
Exterior Features
Property Details
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 4-bathroom single family at 341 Spring is listed at $419,000 ($380/sqft). The estimated monthly payment is $1,816 based on 20% down at 6.5% interest.
Key features include: 0.46 acre lot, Fireplace. Interior Features: County Taxes, Main Floor Primary, Laundry Basement. Exterior Features: Deck.
This property is listed by MARK SUMPTER and can be reached at 7732091987 or msumpter@dcrisere.com.
























