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$795,000
87 Days On Site

515 Main Street
GALENA, IL 61036

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
10,972
SqFt
$72
/SqFt
1940
Built
County:
Jo Daviess
Call Now: +1 (563) 542-9722
Is this the listing for you? We can help make it yours.
+1 (563) 542-9722
515 Main Street515 Main Street515 Main Street515 Main Street
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Introducing 515 and 517 Main Street—an extraordinary opportunity located just beyond Galena’s historic flood gates. Rich with character and history, these connected buildings are ready for a visionary buyer to bring new life to one of Galena’s most unique properties. The main level of 515 Main Street offers expansive retail space, while the second level is currently arranged as a restaurant. At the heart of the building is a breathtaking staircase that looks as though it came straight from a dream, beautifully connecting each level and adding unforgettable architectural character throughout the property. A second staircase provides convenient employee and service access between the floors. Continue upward to discover a spacious banquet hall on the third floor, followed by a large commercial-style kitchen on the fourth floor—a cook’s dream with plenty of room to create something truly special. The upper loft also provides additional residential space. Connected from the interior main level, 517 Main Street expands the available retail footprint and offers even more possibilities. The upper level features a two-bedroom apartment, creating an opportunity for owner occupancy, employee housing, long-term rental income, or another potential use. Outside, enjoy a beautiful courtyard located to the south of 517 Main Street, along with a deck at the rear of the building—perfect for outdoor dining, entertaining, or relaxing. With retail, restaurant, event, residential, and outdoor spaces all wrapped into one remarkable property, the possibilities are nearly endless. These buildings have been patiently waiting for someone with the creativity and ambition to restore them to their full potential and make their next chapter a reality.

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Listing Snapshot
Price 
$795,000
Days On Site 
87 Days
Bedrooms 
N/A
Inside Area (SqFt) 
10,972 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.16 Acres
Year Built 
1940
MLS® Number 
202604533
Status 
Active
Property Tax 
$16,104
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
4 weeks agoPrice changed to $795,000
3 months agoListing first seen on site
General Features
Acres 
0.16
Interior Features
Appliances 
Gas Water Heater
Cooling 
Central Air
Flooring 
CarpetWood
Heating 
Natural Gas
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Community Features
School District 
Galena
Schools
School District
Galena
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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