1 Eagle Lane Galena, IL 61036
Listing Courtesy of: MLS LogoNORTHWEST ILLINOIS / Coldwell Banker Network Realty / Pete Brennan

  1 Eagle Lane Galena, IL 61036

Active (21 Days)
$695,000 (USD)
5
BED
3.5
BATH
4,162
SQFT

Description

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 replicateone 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 assetnot 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, owners closet, & a primary suite with whirlpool tub, separate shower, & dual closets. The upper level includes 3 additional bedrooms, a full bath, & two loft areasone 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 areaperfectly positioned to take advantage of the homes 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.

MLS #:
202601808
Taxes
$9,981(2024)
Lot Size
1.82 acres
Type
Single-Family Home
Style
2 Story
Views
Country View
School District
Scales Mound
County
Jo Daviess County

Listed By

Pete Brennan, Coldwell Banker Network Realty
Source
NORTHWEST ILLINOIS
Last checked Apr 24 2026 at 1:03 AM GMT+0000
Bathroom Details
Property Features
  • Fireplace: Gas
Heating and Cooling
  • Forced Air
  • Propane
  • Central Air
Basement Information
  • Full
Homeowners Association Information
  • Dues: $1404/Yearly
Exterior Features
  • Siding
  • Wood
  • Roof: Shingle
Utility Information
  • Utilities: Lp Gas
  • Sewer: City/Community
School Information
  • Elementary School: Scales Mound,Scales Mound
  • Middle School: Scales Mound
  • High School: Scales Mound
Living Area
  • 4,162 sqft
Location
   
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Disclaimer: Copyright 2026 Northwest Illinois Alliance of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/23/26 18:03