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Land with Home for Sale in Galena, Illinois

1 Eagle, Galena, IL 61036

$695,000
1.82 acres
Pending sale
Under contract

Turnkey high-performing short-term rental (STR) with proven income, 4.9-star reviews, and rare hilltop views in the Galena Territory. This is a rare opportunity to acquire a fully operational, professionally designed short-term rental with a strong track record, repeat guest base, & significant upside following extensive 2025 renovations. Positioned on one of the highest elevation lots in the Territory, this 5-bedroom, 3.5-bath home offers panoramic views, privacy, & a setting that is extremely difficult to replicate—one of the key drivers behind its consistent rental performance. The property generated $78,000 in gross rental revenue in 2024 & $73,000 in 2025 Per Owner, with reduced availability due to renovation work. Following the updates, 2026 bookings are already trending approximately 30% ahead year over year. With over 450 combined reviews across platforms & an average rating of 4.9 stars, this is a proven, income-producing asset—not a speculative STR. Offered fully furnished and equipped, the home is truly turnkey and ready to generate income from day one. The layout has been intentionally designed to maximize guest experience & booking appeal, with 4,162 square feet across three finished levels, multiple entertainment zones & amenities that consistently drive occupancy & higher nightly rates. The main level features a vaulted family room with a gas fireplace, spacious kitchen & dining area, laundry room with sink, owner’s closet, & a primary suite with whirlpool tub, separate shower, & dual closets. The upper level includes 3 additional bedrooms, a full bath, & two loft areas—one configured for games and workspace, & the other a dedicated media lounge with a large TV, sound system, & comfortable seating. The lower level is designed for group entertainment & extended stays, featuring a second family room with gas fireplace, bar area, arcade/video game, pool table, poker table, kids playroom, additional bedroom, & full bath. A 3-car garage further enhances functionality & includes a ping pong setup for additional guest entertainment. Outdoor spaces are equally compelling, with a large deck off the kitchen offering seating for ten and a gas grill, as well as a walkout patio with an 8 person hot tub & firepit area—perfectly positioned to take advantage of the home’s exceptional elevation and views. Extensive 2025 improvements were completed to enhance both guest experience & long-term performance, including a new roof, fresh interior paint, new carpet throughout, new lower-level flooring, new pool table, eight professionally mounted TVs with hidden wiring, premium sound system in the media loft, & all new furnishings across multiple living areas, lofts, dining spaces,& outdoor seating areas. Additional features include a water softener, radon mitigation system,& plumbing in place for in-floor heating. Very few properties in the Galena Territory combine this level of elevation & views, size & layout for group accommodations, & a proven income history with strong guest satisfaction. Optional discounted professional management is available for a seamless transition, allowing a new owner to maintain booking momentum & preserve the existing guest base. This is a true plug-and-play short-term rental investment with immediate cash flow and continued growth potential. The Galena Territory has much to offer! Once rejuvenated from a memorable stay at this prized property, you and/or your guests can connect with the paved asphalt trail system. The trail leads you to all four Eagle Ridge Golf Courses, Lake Galena, Eagle Ridge Resort & Spa, and ultimately the Property Owners Club. The Club includes indoor/outdoor pools, tennis/pickleball courts, fitness center, boating/kayaking/fishing on Lake Galena, 20 miles of nature/hiking trails or you can mosey on down to the Shenandoah Horseback Riding Center. Be sure to make time to explore the historic City of Galena – a short 10 minute car ride to restaurants, shopping and activities.

2,956
Sq feet
5
Beds
4
Full baths

Location

Street address
1 Eagle
School district
Scales Mound
Elevation
935 feet
Coordinates
42.4223, -90.3199

Property details

Acreage
1.82 acres
MLS #
RAAR 202601808
Posted

Property taxes

2025
$10,679

Expenses

Home Owner Assessments Fee
$1,404 annually

Parcels

  • 0820113100

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
Coldwell Banker Real Estate

Exterior

Parking Spaces
3
Parking
Garage
Outdoor Spaces
Deck, Patio

Structure

Stories
2
Basement
Yes
Heating
Fireplace(s), Forced Air, Propane
Cooling
Central Air
Roof
Shingle

Interior

Rooms
Basement, Bathroom x 4, Bedroom x 5, Kitchen
Appliances
Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer, Water-Softener
Features
Laundry 1st Floor, Main Floor Primary

Property utilities

CategoryTypeStatus
GasPropaneConnected

Nearby schools

NameTypeDistrict
Scales MoundElementaryScales Mound
Scales MoundMiddleScales Mound
Scales MoundHighScales Mound

Listing history

DateEventPriceChangeSource
May 20, 2026Under contract$695,000RAAR
Apr 3, 2026New listing$695,000RAAR
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This 1.82-acre property is located at 1 Eagle in Galena, IL 61036. The property is pending sale. It has a 2,956 sq ft 5 bedroom, 4 bath house.

Listed by Coldwell Banker Network Realty, (815) 777-6500

Checked 2 hours agoUpdated Source

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