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341 Spring Street, 
Galena, IL 61036

$419,000


4

Beds


4

Baths


2,096

Sq Ft


Single Family

Active

Listed by

Mark Sumpter

Dc Rise Real Estate

815-777-2800

Last updated:

April 23, 2026, 01:45 AM

MLS#

202602119

Source:

IL RAAR

About This Home

341 Spring Street

Rare opportunity to acquire a fully operational, income-producing commercial property with additional buildable land and ample parking—offering immediate cash flow and long-term upside. Unlock the potential of this versatile commercial property, currently operating as Greenbriar Suites, offering multiple income and redevelopment opportunities in one prime package. Zoned commercial and situated on 0.46 acres (including two additional buildable lots), this property is ideal for continued use as a bed & breakfast, or conversion to professional offices, boutique retail, or other business ventures. The property includes four private guest suites, each with its own exterior entrance, full bath, gas fireplace, and furnishings (included if desired)—well-suited for short-term rentals or easily adapted for individual office or retail use. Operational features include zoned heating, two 50-gallon gas water heaters, and a large laundry room, all of which support efficient day-to-day operations. Guests and clients will appreciate 10 dedicated parking spaces, along with a charming rear deck/patio that enhances the overall experience. The building is currently configured in conjunction with the owner’s residence to meet inn requirements. While the residence is not included in this listing, it may be purchased separately by the buyer of the suites, creating a unique opportunity for a live/work setup or expanded hospitality use. With flexible zoning, strong infrastructure, ample parking, and additional buildable land, this property presents a rare chance to own, operate, or reimagine a business in a high-demand setting.

Home Facts

Single Family

4 Baths

4 Bedrooms

Price Summary

419,000

$199 per Sq. Ft.

MLS #:

202602119

Last Updated:

April 23, 2026, 01:45 AM

Added:

6 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

2,096 Sq. Ft.


Structure

Structure

Architectural Style:

Bed & Breakfest

Building Area:

2,096 Sq. Ft.


Lot

Lot Size (Sq. Ft):

20,037


Finances & Disclosures

Finances

Price:

$419,000

Price per Sq. Ft:

$199 per Sq. Ft.

Source:IL RAAR
The information being provided by Rockford Area Association Of REALTORS® (Raar) Mls 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 Rockford Area Association Of REALTORS® (Raar) Mls 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.