113 Prospect Street

    Galena, IL 61036
    • $749,900
    • STATUS: Active
    • ON SITE: 115 days
    • MLS #: 10623302
    UPDATED: 69 min ago
    $749,900
    • 0
      BEDS
    • .25-.49 Acre
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,500
      SQFT
    • $214
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    Rare opportunity to own a beautifully updated and meticulously maintained piece of Galena history! Lamberson Guest House, built by DH Lamberson in 1870, sits on a huge oversized lot in the historic district, within walking distance to Main Street. City steps are just off of the front yard. Completely renovated with new plumbing, electric, en suite baths for each of 4 generous guest rooms, each with fireplace and television. The 5th bedroom features stunning wood moulding detail surrounding the windows and the wood burning fireplace. Brand new enlarged kitchen with all new appliances and 46 lin. ft. of granite countertops, additional laundry and office set-up. Dining room is a showcase. Hand carved red oak frezes over doors and windows, as well as magnificent mirrored fireplace. Two built-ins with ornately carved drawers and leaded glass. 1,500 sq ft brick paver courtyard installed in 2018. Beautifully furnished & decorated including luxury bedding, linens and tableware. Beautiful 1,440 sq ft. original carriage house with arched windows and cupola,sits upon the back lawn. Endless possibilities! Additional rental income, separate owner's quarters, spa, event space...you decide and make it your own! This magnificent home sits perched on Quality Hill overlooking Galena's Main Street. Currently ranked as Galena's #2 B&B and has received TripAdvisor's Certificate of Excellence in both 2018 and 2019. Featured in newspaper articles, television, and recipient of the Jo-Mead Historic Preservation Award. Proudly recognized with a Galena County Green Designation. Most recently showcased on Galena's tour of historic homes in 2019. Reservation system, operating procedures, recipes and methodologies in order and transferable. With reservations on the books throughout 2020 and a great online presence, this is a fantastic turn-key opportunity. Please call listing agent with questions and/or for a full list of features included with this magical property.

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Touchstone Group. Based on information submitted to the MRED as of 2020-05-25T22:49:51.937 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    www.tsgre.com/homes/102776634

    113 Prospect Street Galena, IL 61036

    • Price: $749,900
    • Status: Active
    • Updated: 69 min ago
    • MLS #: 10623302
    0
    Beds
    0
    Baths
    0
    ½ Baths
    .25-.49 Acre
    Acres
    3,500
    SQFT
    $214
    $/SQFT
    Neighborhood:
    Galena
    County:
    Jo Daviess
    Area:
    Galena
    Property Description
    Rare opportunity to own a beautifully updated and meticulously maintained piece of Galena history! Lamberson Guest House, built by DH Lamberson in 1870, sits on a huge oversized lot in the historic district, within walking distance to Main Street. City steps are just off of the front yard. Completely renovated with new plumbing, electric, en suite baths for each of 4 generous guest rooms, each with fireplace and television. The 5th bedroom features stunning wood moulding detail surrounding the windows and the wood burning fireplace. Brand new enlarged kitchen with all new appliances and 46 lin. ft. of granite countertops, additional laundry and office set-up. Dining room is a showcase. Hand carved red oak frezes over doors and windows, as well as magnificent mirrored fireplace. Two built-ins with ornately carved drawers and leaded glass. 1,500 sq ft brick paver courtyard installed in 2018. Beautifully furnished & decorated including luxury bedding, linens and tableware. Beautiful 1,440 sq ft. original carriage house with arched windows and cupola,sits upon the back lawn. Endless possibilities! Additional rental income, separate owner's quarters, spa, event space...you decide and make it your own! This magnificent home sits perched on Quality Hill overlooking Galena's Main Street. Currently ranked as Galena's #2 B&B and has received TripAdvisor's Certificate of Excellence in both 2018 and 2019. Featured in newspaper articles, television, and recipient of the Jo-Mead Historic Preservation Award. Proudly recognized with a Galena County Green Designation. Most recently showcased on Galena's tour of historic homes in 2019. Reservation system, operating procedures, recipes and methodologies in order and transferable. With reservations on the books throughout 2020 and a great online presence, this is a fantastic turn-key opportunity. Please call listing agent with questions and/or for a full list of features included with this magical property.
    Exterior Features

    Approx Land Sq Footage 3500 Construction Brick Frontage Access City Street Location Central Business District Lot Dimensions 41X258 Lot Sq Ft 10578 Number Of Parking Spaces 1 Roof Coverings Shingle Composition Waterfront YN No

    Interior Features

    Air Conditioning Central AirExhaust Fan/S Number Of Stories 2 Outdoor Parking 6-12 Spaces

    Property Features

    Adj Net Inc Expense Source Broker Projection Adjusted Net Income 0 Ann Rnt Expense Source Broker Projection Annual Rent For Real Estate 0 Business Age 1-3 Years Business Name Lamberson Guest House Business Type Bed And Breakfast Cost Of Goods Expense Source Broker Projection Cost Of Goods Sold 0 Cost Of Goods Year 2018 Current Use Commercial Electrical Service Separate Meters0-100 Amps101-200 Amps Green Features Low Flow CommodeLow Flow FixturesNative/Drought Resistant Landscaping Green Supporting Documents No Gross Payroll 0 Gross Payroll Expense Source Broker Projection Gross Payroll Year 2018 Gross Profit 0 Gross Profit Expense Source Broker Projection Gross Profit Year 2018 Gross Sales Ann Expense Source Broker Projection Gross Sales Ann Year 2018 Gross Sales Annual 0 Heat Ventilation Heat PumpHot WaterRadiators Inventory 0 Inventory Expense Source Broker Projection Inventory Year 2018 Known Encumbrances First Mortgage Living Quarters AvailableIncluded Miscellaneous Outside CourtyardPatioStorms And Screens (As Exist)Sun Deck Net Operating Income Year 2018 Net Profit 0 Net Profit Source Broker Projection Possession Closing Property Offered For Sale Only Real Estate Included YN Yes Tax Year 2018 Taxes 10137 Tenant Pays Air ConditioningCommon Area MaintenanceElectricHeatJanitorialOperating StopsReal Property TaxesInsuranceRepairs And MaintenanceRoofScavengerStructureTax StopsWater/SewerOtherCooking Gas Total Op Exp Year 2018 Total Op Expense Source Broker Projection Total Operating Expenses 0 Type Of Lease None Type Ownership Business Trust

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Coldwell Banker Stratford Place.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Touchstone Group. Based on information submitted to the MRED as of 2020-05-25T22:49:51.937 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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    2308 W North Avenue #C1
    Chicago IL, 60647