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1 Eagle Ln, Galena, IL, 61036

5beds
4baths
4,162sqft
$695,000
$167price/sqft
$5,225/moest. monthly cost
$209,000/yrincome needed

About This Home

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.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
6
BikeSomewhat Bikeable

Schools

7/10
6/10
--
Scales Mound High SchoolGrades 9-125.1 mi

Construction

Condition

  • Year built: 2004

Materials

  • Roof: Shingle
  • Construction materials: Siding,Wood

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Cooktop,Washer,Water Softener,LP Gas Tank,LP Gas Water Heater
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Full,Finished,Partial Exposure

Bedroom2

  • Level: Upper
  • Area: 163.3333

Bedroom3

  • Level: Upper
  • Area: 154

Bedroom4

  • Level: Upper
  • Area: 144

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 1

Dining Room

  • Level: Main
  • Area: 117

Family Room

  • Level: Lower
  • Area: 377

Features

  • Window features: Window Treatments
  • Number of fireplaces: 2
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area below ground: 1,478
  • Finished area above ground: 2,684

Heating & Cooling

  • Heating features: Forced Air,Propane
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,162
  • Total interior livable area: 4,162 sqft

Kitchen

  • Level: Main
  • Area: 231

Living Room

  • Level: Main
  • Area: 322.5

Master Bedroom

  • Level: Main
  • Area: 182

Property

Details

  • Parcel number: 0820113100

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck,Patio
  • Has view: Yes
  • View description: Country,Panorama

Lot

  • Lot size: 1.82 Acres

Parking

  • Total spaces: 3
  • Parking features: Attached,Garage Door Opener,Gravel
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3