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.
111 days
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503
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26
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Zillow last checked:
Listing updated:
Listed by:
MARK SUMPTER773-209-1987,
Dc Rise Real Estate
Source: NorthWest Illinois Alliance of REALTORS®,MLS#: 202602119
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Full bathrooms: 4
Main level bathrooms: 2
Main level bedrooms: 2
Primary bedroom
Level: Main
Area: 345.4
Dimensions: 23.42 x 14.75
Bedroom 2
Level: Main
Area: 328.81
Dimensions: 22.17 x 14.83
Bedroom 3
Level: Upper
Area: 345.4
Dimensions: 23.42 x 14.75
Bedroom 4
Level: Upper
Area: 273.33
Dimensions: 20 x 13.67
Heating
Forced Air, Zoned, Natural Gas
Cooling
Central Air, Zoned
Appliances
Included: Dryer, Washer, Water Softener Rented, Gas Water Heater
Laundry: In Basement
Features
Windows: Window Treatments
Basement: Partial,Partial Exposure
Number of fireplaces: 4
Fireplace features: Gas
Interior area
Total structure area: 2,096
Total interior livable area: 2,096 sqft
Finished area above ground: 2,096
Finished area below ground: 0
Property
Parking
Parking features: Gravel
Features
Patio & porch: Deck
Lot
Size: 0.46 Acres
Features: County Taxes, City/Town
Details
Additional parcels included: 2210064000
Parcel number: 2210063800
Construction
Type & style
Home type: SingleFamily
Architectural style: Bed & Breakfest
Property subtype: Single Family Residence
Materials
Brick/Stone, Siding, Wood
Roof: Shingle
Condition
Year built: 1838
Utilities & green energy
Electric: Circuit Breakers
Sewer: City/Community
Water: City/Community
Community & HOA
Community
Subdivision: IL
Location
Region: Galena
Financial & listing details
Price per square foot: $200/sqft
Tax assessed value: $291,519
Annual tax amount: $7,704
Price range: $419K - $419K
Date on market: 4/17/2026
Cumulative days on market: 112 days
Ownership: Fee Simple
Estimated market value
Zestimate®
$385,400
Estimated sales range
$366,000 - $405,000
Rent Zestimate®
$2,054/mo
Price history
Date
Event
Price
4/17/2026
Listed for sale
$419,000-51.8%$200/sqft
Source: NorthWest Illinois Alliance of REALTORS® #202602119Report a problem
4/7/2023
Listing removed
--
Source: NorthWest Illinois Alliance of REALTORS® #202300877Report a problem
3/1/2023
Listed for sale
$870,000$415/sqft
Source: NorthWest Illinois Alliance of REALTORS® #202300877Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Source: NorthWest Illinois Alliance of REALTORS®. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.