409 N State St, Franklin Grove, IL 61031

$1,300,000
  • 409 N State St, Franklin Grove, IL 61031 Main Photo

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AVAILABLE Price Reduced by $200,000 on March 4th, 2026
SQUARE FEET3,402 MLS#43570390
STATUSAVAILABLE PROPERTY TYPECommercial - Business

Property Description

Welcome to Lincoln Way Stay, this property is a completely private, all inclusive accommodation designed to make you feel transported to a world of luxury. Following eight and half fabulous years of welcoming countless guests, brides and grooms, and gatherings of all shapes and sizes, the property is presently utilized as a short term guest lodging. The main house spans 10,000 square feet across four floors and includes six bedrooms. Each floor is equipped with its own HVAC system. The main floor features a welcoming foyer, a spacious living room, an elegant dining room, a dining porch, modern kitchen featuring high capacity commercial appliances, perfect for preparing and serving meals for large groups, and a powder room. On the second floor, you'll find three bedrooms with private bathrooms, including a master suite with French doors opening to a small deck. This floor also houses a laundry room with two washers and dryers, sink, and storage space. The third floor offers two bedrooms with a shared living room and bathroom, each bedroom featuring its own vanity. The stone cellar is a standout, with a bathroom, shower, custom-built Finlandia sauna, bedroom, studio kitchen, living room, workout room, storage, and a tornado bunker with an escape window. The property also includes an original barn used for lawn storage with two garage doors and a historic well house, both dating back to the late 1800s. The carriage house, approximately 2,300 square feet, features a second story retreat with a full kitchen, living room, laundry room, powder room, and a king suite that includes an en suite bathroom with a shower and jacuzzi tub. French doors open to a private deck from both the suite and the main area, with five car parking below. The 3,200 square foot cottage offers a full kitchen and dining room with an open floor plan, leading to a small foyer and full bathroom. The second floor includes a master king bedroom with a catwalk leading to an open air office and sitting room. The lower level comprises a living room, laundry, bathroom with shower, bedroom, and a cement tornado bunker with garden style windows for emergency exits. The property's enchanting outdoor features include a fireside pagoda, water garden, and yoga lawn, surrounded by native plants and tropicals in warm months, apple trees, and herbs. Relax by the fountain, flowing creek, and koi fish waterfall beside the yoga lawn, and discover cozy spots to rest and renew in this quiet Midwestern community. With over $3 million in renovations, this is truly a one of a kind offering.

409 N State St | MLS# 43570390

This commercial property located at 409 N State St, Franklin Grove, IL 61031 is currently listed for sale with an asking price of $1,300,000. Search Franklin Grove real estate on www.dickersonnieman.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 1.66 Acres

Feature Descriptions

APN: 06-03-35-400-023
Days on Site: 137
Floor: 1

Listed By / Shown By

Listed By

Agency Name: RE/MAX OF ROCK VALLEY

Shown By

Agency Title: Dickerson & Nieman Realtors
Agency Phone: 815-227-5900

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