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537 & 539 Wann Street, 
Galena, IL 61036

$260,000


Bed


Bath


2,040

Sq Ft


Multi-Family

Pending

Listed by

Brandon Beyer

Jim Sullivan Realty

815-947-9040

Last updated:

May 16, 2025, 10:38 PM

MLS#

202502441

Source:

IL RAAR

About This Home

537 & 539 Wann Street

Seize a rare opportunity in one of the most picturesque and sought-after towns in Illinois. This exceptional duplex offers the perfect investment for those looking to capitalize on Galena's thriving rental market, or for anyone seeking a unique chance to occupy one unit and offset expenses by renting out the other! Each unit features a bright and open floor plan with soaring cathedral ceilings that create an airy and spacious feel throughout. The main level of each unit features a master bedroom, bathroom and an efficient galley kitchen and both units also have a lofted second bedroom. In addition, both units come with their own 2 car garage and laundry which are completely separate from the adjacent unit, as well as both sides having their own exterior entrance. Location is key and this property takes advantage of a close proximity to historic downtown Galena (5 minute walk) while yet being at the end of a dead end street and being bordered by trees and scenic wooded views on 3 sides. A second vacant lot is included and with a simple re-zoning process could also likely be built on! Opportunities like this within walking distance to beautiful downtown Galena do NOT come around often so act quick to secure this attractive and charming investment property!

Home Facts

Multi-Family

Price Summary

260,000

$127 per Sq. Ft.

MLS #:

202502441

Last Updated:

May 16, 2025, 10:38 PM

Added:

5 day(s) ago


Rooms & Interior

Interior

Living Area:

2,040 Sq. Ft.


Structure

Structure

Building Area:

2,040 Sq. Ft.


Finances & Disclosures

Finances

Price:

$260,000

Price per Sq. Ft:

$127 per Sq. Ft.

Source:IL RAAR
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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.