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1004 Park Avenue, 
Galena, IL 61036

$895,000


8

Beds


9

Baths


5,152

Sq Ft


Single Family

Active

Listed by

Angela Stodden

Keller Williams Realty Signature

815-315-1111

Last updated:

June 6, 2026, 12:39 AM

MLS#

202602888

Source:

IL RAAR

About This Home

1004 Park Avenue

A rare opportunity to own one of Galena’s most distinguished historic residences — an extraordinary circa-1846 solid brick luxury estate blending timeless architectural character with sophisticated modern living and flexible hospitality potential. Rich in History to include the home of the Galena Mayor from 1875. Located within walking distance of downtown Galena and prominently facing the Galena River, this remarkable property offers eight bedrooms and eight-and-one-half baths across a thoughtfully updated and highly adaptable floorplan currently configured as a luxury residence with guest accommodations and income-producing suites. Rich in historic detail, the home showcases original woodwork, soaring 12-foot ceilings, and exquisite hand-carved marble fireplace surrounds that reflect the craftsmanship and elegance of a bygone era. Extensive renovations have carefully modernized the property while preserving its architectural integrity, including the addition of central air conditioning, new tongue and groove hickory and refinished wood flooring, multiple updated kitchens with high-end custom granite countertops and cabinets, induction ranges, remodeled baths and an upgraded 400 amp electrical service with a 50A level II EV charging station. The property is available furnished for turn key occupancy. The main residence features an expansive eleven-room layout including twin first floor parlors with original interior Greek columns, an eleven theatre seat media room, formal dining room with an adjacent lounge, five ensuite bedrooms, each with private bath access, with three suites also offering oversized soaking tubs. Additional guest accommodations include a beautifully appointed three-room suite with full kitchen and bath, plus two separate fireplace studio suites with private baths and kitchen facilities — creating exceptional flexibility for multigenerational living, private guest quarters, luxury short-term rentals, boutique inn use, or executive retreat accommodations. Designed for both beauty and efficiency, the property also includes a solar energy system with battery backup located on the detached 2½-car garage, with utility net-metering providing one-to-one electrical credit benefits. Currently operated as a successful hospitality property with substantial upside potential, the estate generates approximately $70,000 annually in Airbnb/VRBO income with minimal advertising and significant opportunity for expanded luxury marketing and event-oriented use. The owner has a transferable current City of Galena Small Inn License for the property. Whether envisioned as a prestigious private residence, luxury family compound, boutique inn, executive retreat, or hybrid live/work hospitality property, this exceptional Galena estate offers a combination of historic significance, modern comfort, and lifestyle versatility rarely available in today’s market.

Home Facts

Single Family

9 Baths

8 Bedrooms

Price Summary

895,000

$173 per Sq. Ft.

MLS #:

202602888

Last Updated:

June 6, 2026, 12:39 AM

Added:

17 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

9

Full Bathrooms:

8

Interior

Living Area:

5,152 Sq. Ft.


Structure

Structure

Architectural Style:

Historic

Building Area:

5,152 Sq. Ft.


Lot

Lot Size (Sq. Ft):

7,405


Finances & Disclosures

Finances

Price:

$895,000

Price per Sq. Ft:

$173 per Sq. Ft.

Source:IL RAAR
The information being provided by NorthWest Illinois Alliance of REALTORS® is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 NorthWest Illinois Alliance of REALTORS® All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.