809 Spring St - Specialty FOR SALE


Galena, IL 61036
$420,000 USD
815-315-1111
809 Spring St, Galena, IL for Sale
$420,000 USD
Specialty - FOR SALE
1/16
null | Request Cap Rate

809 Spring St
Galena, IL 61036


HIGHLIGHTS

  • Highway 20 Location
  • Commercial & Residential
  • Seperate access to one of the office spaces

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$420,000 USD

PRICE/SF

$202 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Commercial/Residential on Hwy 20, Galena

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

Commercial/Residential

APN/PARCEL ID

22-101-338-00

ASK ABOUT THIS PROPERTY

Angela StoddenKeller Williams Realty SignatureMore Info
815-315-1111

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Angela StoddenKeller Williams Realty SignatureMore Info
815-315-1111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.