About This Home
This 10-bedroom, 11-bathroom single family at 334 Spring Street in Galena, IL is listed for $1,150,000 ($156 per sqft). Built in 1867, the home offers 7,364 sqft of living space on a 0.32 acres lot.
Key Features
- Built in 1867
- 0.32 acre lot
- Fireplace
Property Details
Amenities
Step into a rare piece of American history with Farmers Guest House, a luxurious, fully operational, and nationally recognized bed & breakfast ideally located on Spring Street just moments from Main Street downtown Galena. Originally established in 1867 and believed to be the longest continuously operating inn in Galena, this exceptional property o
ffers a unique opportunity to own a historically successful business, as well as a true legacy asset. Set in one of the Midwest's most established tourism markets, Farmers Guest House benefits from Galena's consistent year-round visitor demand, strong brand recognition, and repeat clientele.
The inn has earned national attention through multiple "Best Of" and "Top 10" rankings among premier U.S. bed & breakfasts, reinforcing its premium positioning and reputation for exceptional guest experiences. The property features 9 guest accommodations, each with a private en-suite bathroom and individually controlled HVAC.
The nine accommodations include three suites, each with a king bed, jacuzzi, and fireplace; plus three king-bed guest rooms; and three queen-bed guest rooms. These three rooming categories create three different price points for guests. Also, one of the three suites is a separate private cottage situated in the inn's spacious rear garden, offering
a ground-floor living area with a half bath, a fireplace, and a jacuzzi, as well as an upper-level bedroom with a full bath. The cottage is ideal for premium stays or extended visits. Guests enjoy a variety of thoughtfully designed common spaces at the inn, including a comfortable lounge for relaxation, reading, or socializing; a spacious dining room; and private outdoor patios and gardens, which enhance the guest experience year-round.
Additional amenities include an on-site massage studio that supports both individual and couples massages; two laundries, one on each of the inn's two floors; and ample linen storage, supporting efficiency and elevated service. The owner's suite--complete with a private bedroom, bathroom, and living area--allows for seamless on-site management or live-in ownership.
Located in the Galena National Historic District, this is one of the few lodging properties that operates in its original capacity, offering historic significance, operational continuity, and long-term value. This offering represents a rare combination of turnkey hospitality business, lifestyle investment, and income-producing real estate, with operational continuity and upside through revenue optimization and expanded marketing strategies.
Monthly Cost Estimate
$6,150/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
334 Spring Street
Galena, IL 61036
Features & Amenities
Interior Features
Property Details
Heating
Cooling
Appliances
Questions & Answers
This 10-bedroom, 11-bathroom single family at 334 Spring Street is listed at $1,150,000 ($156/sqft). The estimated monthly payment is $6,150 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1867, 0.32 acre lot, Fireplace. Interior Features: Book Cases Built In, Ceiling Fan(s), Whirlpool Tub.
This property is listed by MARK SUMPTER and can be reached at 7732091987.


