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205 S Main Street
GALENA IL 61036 US

$1,950,000

Active Listing ID 202604453
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$1,950,000

Active Listing ID 202604453
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205 S Main Street Potential investment opportunity in the heart of historic Galena! This beautifully restored mixed-use property is home to a highly successful short-term rental business and includes a transferable short-term rental license, making it truly turnkey for the next owner. Offered beautifully furnished, the guest accommodations are thoughtfully appointed and ready to continue generating income from day one. The property features two spacious luxury suites with a total of seven bedrooms and four full baths, expansive living and dining areas, updated kitchens, and convenient laundry facilities. A thriving storefront occupies the main level, providing additional income potential. A rare opportunity with exceptional charm and quality. Solar Panels on Roof Square footage sourced from architectural drawings.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Floor Covering: Vinyl, Tile
  • Roof Type: Rubber
  • Heating Fuels: Forced Air, Natural Gas

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1950000
  • unparsedaddress: 205 S Main Street
  • postalcity: GALENA
  • stateorprovince: IL
  • country: US
  • postalcode: 61036
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 7423
  • livingareaunits: Square Feet
  • latitude: 42.415547
  • longitude: -90.429707
  • listagentfullname: SHELLY MCCOY
  • listagentemail: shelly.mccoy@cbnetworkrealty.com
  • listagentkey: 3yd-RAARIL-F_114
  • listagentmlsid: F_114
  • listagentpreferredphone: 8152385676
  • listofficekey: 3yd-RAARIL-11595
  • listofficemlsid: 11595
  • disclaimer: 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.
  • sourcesystemid: RAARIL
  • yearbuilt: 1840
  • listingcontractdate: 2026-07-20
  • listagenturl: www.galenaillinoishomes.com
  • parcelnumber: 2210004800
  • elementaryschooldistrict: Galena
  • middleorjuniorschooldistrict: Galena
  • highschooldistrict: Galena
  • cooling: Central Air
  • flooring: Vinyl, Tile
  • heating: Forced Air, Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Rubber
  • waterfrontyn: False
  • franchiseaffiliation: Coldwell Banker Real Estate
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -90.42971, 42.415546
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Coldwell Banker Network Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"shelly.mccoy@cbnetworkrealty.com", "ListBrokerageCity":"Galena", "ListBrokerageCountry":"US", "ListBrokerageEmail":"cbnetworkrealty@coldwellbanker.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/139/427824/20210701203619164.png", "ListBrokerageName":"Coldwell Banker Network Realty", "ListBrokeragePhone":"(815) 777-6500", "ListBrokeragePostalCode":"61036", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"401 South Main Street", "ListBrokerageWebsiteUrl":"http://www.ColdwellBankerNetworkRealty.com", "ListOfficeAddress1":"401 S MAIN ST. ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"11595", "ListOfficeCity":"GALENA", "ListOfficeCountry":"US", "ListOfficeEmail":"cbnetworkrealty@coldwellbanker.com", "ListOfficePostalCode":"61036", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - GALENA, IL", "ListingURL":null, "MLSModificationTimestamp":"2026-07-25 19:30:03", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":18283, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/25/2026 8:29:41 PM GMT
Source Updated Date: 7/26/2026 12:50:39 AM GMT

Courtesy of: SHELLY MCCOY, COLDWELL BANKER NETWORK REALTY, shelly.mccoy@cbnetworkrealty.com

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.