1004 Park Avenue, Galena, IL 61036
Local realty services provided by:CENTURY 21 Affiliated
1004 Park Avenue,Galena, IL 61036
$895,000
- 8 Beds
- 9 Baths
- 5,152 sq. ft.
- Single family
- Active
Listed by: angela stodden
Office: keller williams realty signature
MLS#:202602888
Source:IL_RAAR
Price summary
- Price:$895,000
- Price per sq. ft.:$173.72
About this home
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 ensuite 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 beauty and efficiency, the property also includes a solar energy system with battery backup located on the detached 2½-car garage, with utility net-metering providing one-to-one electrical credit benefits. Currently operated as a successful hospitality property with substantial upside potential, the estate generates approximately $70,000 annually in Airbnb/VRBO income with minimal advertising and significant opportunity for expanded luxury marketing and event-oriented use. The owner has a transferable current City of Galena Small Inn License for the property. Whether envisioned as a prestigious private residence, luxury family compound, boutique inn, executive retreat, or hybrid live/work hospitality property, this exceptional Galena estate offers a combination of historic significance, modern comfort, and lifestyle versatility rarely available in today’s market....
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Home facts
- Listing ID #:202602888
- Added:1 day(s) ago
- Updated:May 21, 2026 at 04:45 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:9
- Full bathrooms:8
- Half bathrooms:1
- Dining Description:On Upper Level
- Kitchen Description:Dishwasher, Disposal, Electric Range, Microwave, Refrigerator, Stove/Cooktop, Sump Pump, Water Softener
- Bedroom Description:Master Bedroom On Upper Level
- Basement Description:Full
- Living area:5,152 sq. ft.
Heating and cooling
- Cooling:Central Air, Zoned
- Heating:Hot Water/Steam, Natural Gas
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Building area:5,152 sq. ft.
- Lot area:0.17 Acres
- Architectural Style:Historic
- Construction Materials:Brick/Stone
- Exterior Features:Deck, Deck-Covered, Deck-Leveled, Porch Covered
Schools
- High school:Galena
- Middle school:Galena
- Elementary school:Galena
Utilities
- Water:City/Community
- Sewer:City/Community
Finances and disclosures
- Price:$895,000
- Price per sq. ft.:$173.72
Features and amenities
- Appliances:Dishwasher, Microwave, Refrigerator, Stove/Cooktop, Sump Pump, Washer, Water Softener
- Laundry features:Dryer, Laundry Basement, Washer
- Amenities:Deck, Electric Water Heater, Guest House/In Law Suite, Security System, Solar Panels
Parking
- Garage spaces:2
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