lamberson guest house galena il

Galena, IL   Offered for sale at $749,900

Lamberson Guest House, built in 1870, was purchased in late 2016 and sits on a double lot within walking distance to Main Street. City steps are right 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. 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. 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. Most recently showcased on Galena’s tour of historic homes in 2019. With reservations on the books throughout 2020 and a great online presence, this is a fantastic turn-key opportunity.

Property Details

  • 4 Guest Rooms
  • 4 Guest Room Baths
  • Has Owner’s Quarters
  • Built in 1870
  • Last Renovated in 2017
  • Opened in 2016
  • Building is 3,500 SQFT
  • Lot is 0.38 Acres
  • Photo Gallery
  • Property Website
Financial Details

  • Offered for sale at $749,900
  • Occupancy Rate: 44%
  • Average Daily Rate: $218
  • Annual revenue is $125,000
Contact Information