Miss Murphys Historic B&B

Galena, Illinois

Asking Price: USD $799,000
Guest Rooms: 6    6
Owners Quarter: 1    1.5

Property Overview

* 5 Guest Bedroom Suites
* 1 Guest Cottage Suite w/ kitchenette
* Owners Quarters w/ Commercial Like Kitchen
*Gazebo on Corner Lot for Relaxing or Wedding Venue
*Sold Furnished & Turn Key

Miss Murphy's Historic Bed & Breakfast overlooking downtown Galena offers a lovely main level Owners quarters with aCommercial grade kitchen including two stoves & oversized refrigerator/freezer, a private bedroom, bath & laundry. Upperlevel offers charming Guest Suites plus a 1 bedroom Cottage with kitchenette & access to off street parking & privateentrance. The corner lot is a private oasis, park like setting, home to deer, ducks, a garden shed & a gazebo of it's ownthat is desirable for weddings. This Bed & breakfast is offered turn key with elegant furnishings throughout the guestrooms & the shared quarters included in the asking price. Common areas include a cafe style dining room with fireplace, aliving room with fireplace, a parlor with wet bar & mini-fridge for guests to help themselves to relax & gather forconversation & entertainment. The History of the Bed & Breakfast includes the Civil War Surgeons Ownership back in thelate 1800's. This home has had many recent updates & meticulously loved & cared for by the current Owners. Sellers areoffering a 1 year Home Warranty to Buyer at closing with American Home Shield. B&B is averaging over $100K per year -P&L for the last 3 years, along with a list of furnishings, & improvements are available to qualified Buyers. Home could alsobe used for a private residence if the Buyer so desired.

About the Owner's Quarters

Owners quarters offer a large kitchen with double oven & commercial style refrigerator & freezer. A cozy living room with fireplace, a half bath with laundry & a large suite w/ full bath, built-in closet organizer, & sitting room, along with separate access to the outdoor living space.

Features:
  • Is Historic Historic
  • Has a Barn Romantic
  • Has a Wedding Venue Wedding Venue
Lifestyle:
  • Nearby Winery / Brewery Winery
  • Close to Fishing Fishing
  • Includes a Restaurant Golf
  • Near Horses Horse
  • Near Skiing Ski
Business Description:

Miss Murphys IL Licensed Bed & Breakfast is successful in Historic Galena, IL.
Accommodating with 6 Guest Suites plus Owners Quarters
Wedding Venue options
Currently Owners P&L consists of weekend & Holiday rentals - weekdays can be offered for additional income

Terms of Sale:

Possession at Closing. Quick Sale available.
Seller selling due to needs of her family

Valuation & Mortgage Calculator:
30 Years Fixed
n/a % Interest
  • Loan Amount
  • Principle and Interest
  • Cash Flow
  • DSCR $0
  • Cap Rate $0
  • ROI $0
Listed By
Angela Stodden (Broker)
  8155415482
Keller Williams Realty Signature

MLS:

202406568

Sq Ft:

3,846

Owner's Quarters Sq Ft:

900

Acres:

1

Year Built:

1890

Last Renovated:

2023

Years in Business:

25

MLS:

202406568
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Financial Overview

Asking Price:

USD $799,000

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