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809 Spring St - Commercial/Residential on Hwy 20, Galena 2,080 SF Specialty Building Offered at $399,000 in Galena, IL 61036



Investment Highlights
- Highway 20 Location
- Seperate access to one of the office spaces
- Commercial & Residential
Executive Summary
Great Opportunity with Commercial & Residential Zoning in Galena, located on Highway 20, just a few short blocks from Downtown Galena. Stone & Brick Historic Building offers over 1,000 sq' of main level office or Retail space with an additional 552 sq' on upper level consisting of 2 offices/bedrooms & a full bath. Efficiency above the detached 2-car garage. Main level office space has 2 separate front doors, a kitchenette w/ mini fridge, microwave, & sink. A half bath & access to a screened-in porch overlooking the rock wall & wooded backyard. Covered front porch to main level office space - once served as a kitchen before converting to Commercial space over a decade ago. The efficiency above the garage offers access off the back porch & is complete with built-in shelving, vaulted ceilings, a small kitchen & full bath. Many updates include recent curb appeal with new stone wall, walking path, & highway 20 improvements. Building just tuckpointed Oct. 2024 & exterior wood painted 7.2022. Blacktop driveway with access from both Summit St & Hickory St, along with ample recently blacktopped parking lot in 10.24. New furnace in efficiency apartment 10.2023. City water hook up 5.2022. Tenants are on a month to month - Office is currently rented at $1,650/month & efficiency at $730/month. Owner is an IL Licensed Agent.
Property Facts Under Contract
| Price | $399,000 | Building Class | C |
| Price Per SF | $191.83 | Lot Size | 0.28 AC |
| Sale Type | Investment or Owner User | Building Size | 2,080 SF |
| Sale Condition | Lease Option | No. Stories | 2 |
| Property Type | Specialty | Year Built/Renovated | 1900/2024 |
| Zoning | Commercial/Residential - Currently used as Office & Living Space w/ efficiency | ||
| Price | $399,000 |
| Price Per SF | $191.83 |
| Sale Type | Investment or Owner User |
| Sale Condition | Lease Option |
| Property Type | Specialty |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 2,080 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1900/2024 |
| Zoning | Commercial/Residential - Currently used as Office & Living Space w/ efficiency |
Amenities
- Signage
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
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Property Taxes
| Parcel Number | 22-101-338-00 | Improvements Assessment | $54,249 |
| Land Assessment | $11,199 | Total Assessment | $65,448 |
Property Taxes
Parcel Number
22-101-338-00
Land Assessment
$11,199
Improvements Assessment
$54,249
Total Assessment
$65,448
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809 Spring St - Commercial/Residential on Hwy 20, Galena
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