www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
34480318
34480319

1004 Park Avenue, Galena, IL 61036 For Sale

AS
IL 471.008339
Keller Williams Realty Signature
Listed by Keller Williams Realty Signature
$895,000
1 day on market
Updated 1 day ago

1004 Park Avenue

Details
APN 0650014400
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 5,152
Units 4
Year Built 1846
Acreage 0.170

Multifamily | 4 Units

Marketing description

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 en-suite 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

Investment highlights

  • Deck, security system, guest house/in law suite, deck-covered, deck-leveled, laundry basement, porch covered, solar panels
  • Interior features : audio/video, ceiling fan(s), countertop-granite, second kitchen, security system, window treatments

Listing Contacts

AS
IL 471.008339
Keller Williams Realty Signature
Listed by Keller Williams Realty Signature

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Angela Stodden
License
471.008339
Brokerage
Keller Williams Realty Signature
Brokerage Phone
815-541-5482
Title
Real Estate Managing Broker
Brokerage Address
9808 U.S. 20
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591