# 205 S Main Street, Galena, IL 61036

> **TL;DR:** commercial, $1,950,000 ($263/sqft), built 1840, 7,423 sqft.
> Solar, A/C. Est. $10,429/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,950,000 |
| Price/sqft | $263 |
| Square Feet | 7,423 |
| Year Built | 1840 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Why This Home Stands Out

- **Solar Panels** - Reduced energy costs

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $9,860 |
| Estimated Insurance | $569 |
| **Total** | **$10,429** |

## Key Amenities

- Solar
- A/C

## Property Highlights

- Built in 1840

## Description

### Agent Description
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.

## Location

- **Address:** 205 S Main Street, Galena, IL 61036
- **Coordinates:** 42.415547, -90.429707
- **Google Maps:** https://www.google.com/maps?q=42.415547,-90.429707

## Listing Agent

- **Name:** SHELLY MCCOY
- **Brokerage:** COLDWELL BANKER NETWORK REALTY
- **Phone:** 8152385676

## Primary Photo

![205 S Main Street - Primary Photo](http://lh.rdcpix.com/492e6db73806fd6325a0b7ee4a529d7bl-f280761855r.jpg)

*36 total photos available on [listing page](https://www.propertysimple.ai/listing/205-s-main-street-galena-il-61036-02604453)*

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**MLS#:** 202604453 | **Updated:** 2026-08-01
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/205-s-main-street-galena-il-61036-02604453)

---

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