Lamberson Guest House

Galena, IL   Offered for sale at $749,900

Lamberson Guest House, built by D.H.Lamberson in 1870, was purchased in late 2016 and sits on a double lot in the historic district, within walking distance to Main Street. City steps are just 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. Beautiful 1,440 sq ft. original carriage house with arched windows and cupola,sits upon the back lawn. Endless possibilities! Additional rental income, separate owner's quarters, spa, event decide and make it your own! 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. Reservation system, operating procedures, recipes and methodologies in order and transferable. With reservations on the books throughout 2020 and a great online presence, this is a fantastic turn-key opportunity. Financing options available at First Community Bank of Galena:  Call Zeke Winders at 815-777-6300

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: 44.5%
  • Average Daily Rate: $222
Contact Information