409 N State St

Franklin Grove, IL 61031

$1,300,000
Price
9
Beds
15,000 Sq. Ft.
$87 / Sq. Ft.
15,000
Sq. Ft.
$87
per Sq. Ft.
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Listed By Compass
Listed By Compass

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, but could also be perfect as private residences (multi-generational or divided lots). The main house spans 10,000 square feet across four floors and...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, but could also be perfect as private residences (multi-generational or divided lots). 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 primary suite with a gas fireplace. 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 and one bedroom opening to a small deck. 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 primary 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.

Listing Agent

  1. Linda Feinstein ABR, CRS, CSC, GRI

    Linda Feinstein ABR, CRS, CSC, GRI

    Listing Agent

    Compass

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Property Details for 409 North State Street

Area
Franklin Grove
Township
Franklin Grove
Ownership
Fee Simple
Num Of Garage Spaces
5.0
Num Of Parking Spaces
5.0
Parking Included in Price
Yes
Air Conditioning Type
Central Air, Zoned
Num of Interior Fireplaces
3
LISTING UPDATED: 03/09/2026 12:07 AM

Property Details for 409 North State Street

StatusActive
MLS #12496551
Days on Market143
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
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Location

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Building Information for 409 North State Street

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

Payment Calculator

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$8,527 per month

30 year fixed, 6.15% Interest

Principal and Interest

$6,336

Property Taxes

$2,191

HOA Dues

$0

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Property Information for 409 North State Street

General Information
School Information
  • Elementary School District: 275
  • Elementary School: Afc Elementary School
  • Jr High Middle School: Afc Middle School
  • High School District: 275
  • High School: Afc High School
  • Middle Or Junior School District: 275
Addtl Parking Information
  • Parking Details: Yes, Garage Owned, Detached, Garage
Taxes and HOA Information
  • Association Fee Frequency: Not Applicable
  • Association Fee Includes: None
  • Master Association Fee Frequency: Not Required
  • Additional Parcels: No
Property Information
Interior Features
  • Interior Property Features: In-Law Floorplan
  • Num Of Rooms: 15
  • Bedrooms Total: 9
  • Bedrooms (Below Grade): 0
  • Basement Type: Finished, Full
  • Bedrooms Possible: 9
  • Air Conditioning: Central Air, Zoned
  • Electric: Circuit Breaker
  • Flooring: Hardwood
  • Basement Bathrooms: No
  • Room Type: Recreation Room, Bedroom 5, Bedroom 6, Bedroom 7, Bedroom 8, Bedroom 9, Sitting Room
  • Num of Baths: 9.0
Exterior Features
  • Patio And Porch Features: Deck, Patio
  • Type: 2 Stories
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
Property/Lot Information
  • Exterior Property Features: Fire Pit
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Type Detached: 2 Stories
  • Total Sq Ft: 0
  • Aprox Total Finished Sq Ft: 0
  • Total Finished and Unfin Sq Ft: 0
  • Lot Description: Irregular
  • Lot Size: 1.0-1.99 Acres
  • Lot Dimensions: 188x211x341x403
  • Other Structures: Gazebo, Guest House, Shed(s)
  • Waterfront: No
  • Disability Access and/or Equipped: No
  • Construction: Frame
  • General Information: None
  • Living Area Source: Estimated
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 99
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Second
  • Room Type: Master Bedroom
  • Master Bedroom Bath: Full
  • Master Bedroom Dimensions: 12X15
Bedroom #2 Information
  • 2nd Bedroom Level: Second
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 13X14
Bedroom #3 Information
  • 3rd Bedroom Level: Second
  • Room Type: Bedroom 3
  • Bedroom #3 Room Dimensions: 14X16
Bedroom #4 Information
  • 4th Bedroom Level: Second
  • Room Type: Bedroom 4
  • Bedroom #4 Room Dimensions: 14X13
Bedroom #5 Information
  • 5th Bedroom Level: Second
  • Room Type: Bedroom 5
  • Bedroom #5 Room Dimensions: 14X16
Bedroom #6 Information
  • 6th Bedroom Level: Second
  • Room Type: Bedroom 6
  • Bedroom #6 Room Dimensions: 11X12
Bedroom #7 Information
  • 7th Bedroom Level: Second
  • Room Type: Bedroom 7
  • Bedroom #7 Room Dimensions: 12X17
Bedroom #8 Information
  • 8th Bedroom Level: Second
  • Room Type: Bedroom 8
  • Bedroom #8 Room Dimensions: 20X17
Bedroom #9 Information
  • 9th Bedroom Level: Second
  • Room Type: Bedroom 9
  • Bedroom #9 Room Dimensions: 16X18
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Dimensions: 14X15
Family Room Information
  • Family Room Level: Basement
  • RoomType_FR: Family Room
  • Family Room Dimensions: 15X17
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 18X12
Laundry Information
  • Laundry Level: N/A
  • Room Type: Laundry
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 15X35
Recreation Room Information
  • Room Level: Basement
  • Room Type: Recreation Room
  • Dimensions: 13X14
Sitting Room Information
  • Room Level: Main
  • Room Type: Sitting Room
  • Dimensions: 18X20

Property History for 409 North State Street

DateEvent & SourcePriceAppreciation
Mar 3, 2026

Price Change

NorthWest Illinois Alliance of REALTORS® #202506483

$1,300,000—
Mar 3, 2026

Price Change

MRED #12496551

$1,300,000—
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
03/03/2026

Price Change

NorthWest Illinois Alliance of REALTORS® #202506483

$1,300,000
03/03/2026

Price Change

MRED #12496551

$1,300,000
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
Ashton-Franklin Center Elementary School
Public - PK to 6
Ashton-Franklin Center High School
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.

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More information about 409 North State Street, Franklin Grove, IL 61031

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 Compass, it's currently listed at $1,300,000. It has been on the market for a total of 143 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, 15,000 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.

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 03/09/2026 12:07 AM. 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.