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1004 Park Ave - The Mansion on Park Avenue Immeuble de 5 152 pi² • Spécialité • À vendre 1 245 894 $ CAD • Taux de capitalisation 7,82% • Galena, IL 61036
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Faits saillants de l'investissement
- Historic brick estate built circa 1846 with preserved architectural details
- Transferable City of Galena Small Inn License in place
- Walkable location near downtown Galena and overlooking the Galena River
- Original Greek columns and handcrafted architectural details remain intact
Résumé de l'annonce
1004 Park Avenue presents a rare opportunity to acquire a historic brick estate in one of Illinois' most recognized tourism destinations. Originally constructed circa 1846 and once home to a Galena mayor, the property combines preserved architectural character with extensive modern upgrades and multiple revenue-generating possibilities. Positioned along the Galena River and within walking distance of downtown Galena's restaurants, boutiques, galleries, and visitor attractions, the property benefits from year-round tourism activity and strong appeal to both leisure travelers and private homeowners.
The residence features an expansive eleven-room layout highlighted by original woodwork, soaring ceilings, hand-carved marble fireplace surrounds, twin first-floor parlors with original Greek columns, a formal dining room, media room, and multiple ensuite bedrooms. Renovations have modernized the property while maintaining its historic integrity, including updated kitchens with granite countertops, remodeled bathrooms, central air conditioning, upgraded electrical service, refinished wood flooring, and EV charging capability.
Additional accommodations include a separate three-room suite with full kitchen and bath as well as two fireplace studio suites, creating flexibility for multigenerational living, guest lodging, executive retreats, or hospitality operations. A solar energy system with battery backup and utility net-metering enhances operational efficiency.
The property is currently operated as a hospitality asset and reportedly generates approximately $70,000 annually in Airbnb and VRBO income. A transferable City of Galena Small Inn License further supports continued lodging use. The combination of historic significance, established income, modern infrastructure, and a walkable location overlooking the Galena River creates a distinctive investment and lifestyle opportunity in one of the Midwest's premier historic communities.
The residence features an expansive eleven-room layout highlighted by original woodwork, soaring ceilings, hand-carved marble fireplace surrounds, twin first-floor parlors with original Greek columns, a formal dining room, media room, and multiple ensuite bedrooms. Renovations have modernized the property while maintaining its historic integrity, including updated kitchens with granite countertops, remodeled bathrooms, central air conditioning, upgraded electrical service, refinished wood flooring, and EV charging capability.
Additional accommodations include a separate three-room suite with full kitchen and bath as well as two fireplace studio suites, creating flexibility for multigenerational living, guest lodging, executive retreats, or hospitality operations. A solar energy system with battery backup and utility net-metering enhances operational efficiency.
The property is currently operated as a hospitality asset and reportedly generates approximately $70,000 annually in Airbnb and VRBO income. A transferable City of Galena Small Inn License further supports continued lodging use. The combination of historic significance, established income, modern infrastructure, and a walkable location overlooking the Galena River creates a distinctive investment and lifestyle opportunity in one of the Midwest's premier historic communities.
Faits sur la propriété
| Prix | 1 245 894 $ CAD | Classe d’immeuble | C |
| Prix par pi² | 241,83 $ CAD | Taille du lot | 0,17 AC |
| Type de vente | Investissement | Taille du bâtiment | 5 152 pi² |
| Taux de capitalisation | 7,82% | Nombre d’étages | 2 |
| Type de propriété | Spécialité | Année de construction | 1846 |
| Sous-type de propriété | Revenu résidentiel | ||
| Zonage | LDR - Low Density Residential | ||
| Prix | 1 245 894 $ CAD |
| Prix par pi² | 241,83 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 7,82% |
| Type de propriété | Spécialité |
| Sous-type de propriété | Revenu résidentiel |
| Classe d’immeuble | C |
| Taille du lot | 0,17 AC |
| Taille du bâtiment | 5 152 pi² |
| Nombre d’étages | 2 |
| Année de construction | 1846 |
| Zonage | LDR - Low Density Residential |
Relativement accessible à pied
30/100
Exceptionnellement adapté aux voitures
100/100
Plutôt accessible en vélo
40/100
Impôts fonciers
| Numéro de lot | 06-500-144-00 | Évaluation des bâtiments | 262 034 $ CAD |
| Évaluation du terrain | 4 375 $ CAD | Évaluation totale | 266 410 $ CAD |
Impôts fonciers
Numéro de lot
06-500-144-00
Évaluation du terrain
4 375 $ CAD
Évaluation des bâtiments
262 034 $ CAD
Évaluation totale
266 410 $ CAD
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1004 Park Ave - The Mansion on Park Avenue
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