14,000 Sq. Ft.
$107 / Sq. Ft.
14,000
Sq. Ft.
$107
per Sq. Ft.

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...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.
  1. Listed by Rebecca Hazzard • Re/Max of Rock Valley
    P: (815)-732-9100 C: (815)-509-8432 rebecca@northernillinoisproperties.com

Property Details for 409 North State Street

Style
2 Story
Garage
5.0
Garage Type/Driveway
Asphalt, Attached, Barn, Detached
LISTING UPDATED: 10/17/2025 07:16 PM

Property Details for 409 North State Street

StatusActive And Available
MLS #202506483
Days on Market92
Taxes$26,296 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeHouse / 2 Stories
Year Built1911
Lot Size1.66 AC / 72,309 SF
CountyLee County

Location

Listing Courtesy of Re/Max of Rock Valley
Add your commute

Building Information for 409 North State Street

Stories-Year Built1911Building Size-Lot Size1.66 AC / 72,309 SF

Payment Calculator

$9,502 per month

30 year fixed, 6.15% Interest

Principal and Interest

$7,311

Property Taxes

$2,191

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 409 North State Street

Summary
Location and General Information
  • City: FRANKLIN GROVE
  • State: IL
  • Zip: 61031
  • Address: 409 N State Street
  • County: Lee County
  • Zip Code: 61031
  • Year Built: 1911
  • School District: Ashton Franklin Center School District
  • Elementary School 1: Ashton Franklin Center Elem
  • Middle School: Ashton Franklin Center Middle
  • High School: Ashton Franklin Center High
  • Township: Franklin Grove
  • Licensed Unit #: 000
Taxes and HOA
  • HOA Fee: $0
  • Tax Year: 2024
  • Taxes: $26,296
Property
Lot Information
  • Lot Acreage: 1.66
  • Property Type: City/Town
  • Road Frontage: City/Town
  • Est Below Grade Fin SqFt: 1300
  • Est Total Finished Sq. Ft.: 14000
  • Est Above Grade SqFt: 12700
Property and Assessments
  • Class: HOUSE
  • Type: House
  • Status: ACTIVE and AVAILABLE
  • Ownership Type: Fee Simple
  • PIN: 060335400023
  • HUD: No
Utilities
  • Water: City/Community
  • Sewer: City/Community
  • Electric: Circuit Breaker
Interior and Exterior Features
Exterior Features
  • Exterior: Siding, Wood
  • General Features: Deck, Garden Shed, Laundry 2nd Floor, L.L. Finished Space, Patio, Guest House/In Law Suite, Deck-Covered, Fire-Pit/Fireplace, Gazebo, Patio-Brick Paver, Porch Covered, Storage Shed
  • Roof: Metal
Interior Features
  • Stove/Range Fuel: Gas
  • Fireplace Type: Wood
  • Basement: Finished, Partial Exposure
  • Basement Type: Full
  • Water Heater: Gas
  • Bedrooms: 9
  • Full Baths: 9
  • Half Baths: 0
  • Number of Fireplaces: 3
  • # Full Baths Upper Lvl: 6
  • # 1/2 Baths Upper Lvl: 0
  • # Full Baths Main Lvl: 1
  • # 1/2 Baths Main Lvl: 0
  • # Full Baths Lower Lvl: 2
  • # 1/2 Baths Lower Lvl: 0
  • Total Baths: 9.0
  • Fireplace: Yes
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Appl Stay/Incl: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Wall Oven, Washer, Water Softener
  • Interior Features: Bar-Wet, Book Cases Built In, Ceiling Fan(s), Ceiling-Tray, Ceiling-Vaults/Cathedral, Countertop-Granite, Radon Mitigation Active, Sauna/Steam Room, Second Kitchen, Security System, Walk-In Closet
Room Information
Master Bedroom
  • Master Bedroom Level: Second
Bedroom 2
  • Bedroom 2 Length: 13
  • Bedroom 2 Width: 14
  • Bedroom 2 Level: Upper
Bedroom 3
  • Bedroom 3 Length: 14
  • Bedroom 3 Width: 16
  • Bedroom 3 Level: Upper
Bedroom 4
  • Bedroom 4 Length: 14
  • Bedroom 4 Width: 13
  • Bedroom 4 Level: Upper
Dining Room
  • Dining Room: Yes
  • Dining Room Length: 14
  • Dining Room Width: 15
  • Dining Room Level: Main
  • Dining Room Level: Main
Family Room
  • Family Room: Yes
  • Family Room Length: 15
  • Family Room Width: 17
  • Family Room Level: Lower
Kitchen
  • Kitchen Length: 18
  • Kitchen Width: 12
  • Kitchen Level: Main
Living Room
  • Living Room: Yes
  • Living Room Length: 15
  • Living Room Width: 35
  • Living Room Level: Main
Recreation Room
  • Rec Room Length: 13
  • Rec Room Width: 14
  • Rec Room: Yes
  • Rec Room Level: Lower
Additional Rooms
  • Addl Room 5 Length: 14
  • Addl Room 5 Width: 16
  • Addl Room 5 Name: Bed5
  • Addl Room 5 Level: Upper
  • Addl Room 6 Name: Bed6
  • Addl Room 6 Level: Upper
  • Addl Room 6 Length: 11
  • Addl Room 6 Width: 12
  • Addl Room 7 Name: Bed7
  • Addl Room 7 Level: Upper
  • Addl Room 7 Length: 12
  • Addl Room 7 Width: 17
  • Addl Room 8 Name: Bed8
  • Addl Room 8 Level: Upper
  • Addl Room 8 Length: 20
  • Addl Room 8 Width: 17
  • Addl Room 9 Name: Bed9
  • Addl Room 9 Level: Upper
  • Addl Room 9 Length: 16
  • Addl Room 9 Width: 18
  • Addl Room 10 Name: LivingRoom
  • Addl Room 10 Level: Main
  • Addl Room 10 Length: 18
  • Addl Room 10 Width: 20
Rental
Rent Information
  • Lease: No
  • Rental License Y/N: Yes

Property History for 409 North State Street

DateEvent & SourcePriceAppreciation
Oct 18, 2025

Listed (Active)

MRED #12496551

$1,500,000
Oct 16, 2025

Listed (Active)

NorthWest Illinois Alliance of REALTORS® #202506483

$1,500,000
Jan 11, 2024

Sold (Public Record)

Public Record #1525789436

$750,000

+19.2% / yr

Dec 17, 2013

Sold (Public Record)

Public Record #1110054729

$127,500
Dec 17, 2013

Sold

MRED #08335237

$255,000
Sep 4, 2013

Pending

MRED #08335237

May 6, 2013

Listed (Active)

MRED #08335237

$189,900
Dec 31, 2012

Expired

MRED #07944385

$199,900
Feb 28, 2012

Listed (Active)

MRED #07944385

$199,900
DateEvent & SourcePrice
10/18/2025

Listed (Active)

MRED #12496551

$1,500,000
10/16/2025

Listed (Active)

NorthWest Illinois Alliance of REALTORS® #202506483

$1,500,000
01/11/2024

Sold (Public Record)

Public Record #1525789436

$750,000

+19.2% / yr

12/17/2013

Sold (Public Record)

Public Record #1110054729

$127,500
12/17/2013

Sold

MRED #08335237

$255,000
09/04/2013

Pending

MRED #08335237

05/06/2013

Listed (Active)

MRED #08335237

$189,900
12/31/2012

Expired

MRED #07944385

$199,900
02/28/2012

Listed (Active)

MRED #07944385

$199,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 409 North State Street

Taxable ValueLand$13,705Additions$315,059Total$328,764
Tax Record2024$26,296 ($2,191 / month)
Home Facts
Beds0Total Finished SqFt3,402 SqFtAbove Grade Finished SqFt3,402 SqFtStories2Lot Size72,310 SqFtStyleSingle Family ResidenceYear Built1911CountyLEEAPN06-03-35-400-023

Schools near 409 North State Street

This home is within Ashton-Franklin Center Community Unit School District 275.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Rating
School
Distance
Ashton-Franklin Center Elementary School
PublicPK to 6

Ashton-Franklin Center High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

409 North State Street is a single family home for sale in Franklin Grove, IL 61031. This property was listed for sale on October 17, 2025 by Re/Max of Rock Valley, it's currently listed at $1,500,000. It has been on the market for a total of 92 days and was last sold on January 11, 2024. This listing's school district is Ashton-Franklin Center Community Unit School District 275. Nearby schools include Ashton-Franklin Center Elementary School and Ashton-Franklin Center High School. 409 North State Street is a 9-bed, 9-bath, 14,000 sqft single family home built in 1911.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Re/Max of Rock Valley

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 10/17/2025 07:16 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.