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$1,500,000
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Property Description
All measurements are estimated and should be confirmed by buyer. Listing office license #478.026891. Earnest money held by Rock River Title at 412 W Washington St Oregon IL 61061 or via TrustFunds online. 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.
Full Property Details
Full Property Details for 409 N State St
General
- Price: $1,500,000
- Taxes: $26,296 (2024)
- Status: Active
- Type: Single Family
- Source: 2606
- MLS ID: 202506483
- Updated: 10/17/2025
- Added to Site: 91 day(s) ago
Interior
- 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
- Fireplace: Yes
- Number of Fireplaces: 3
- Fireplace(s): Wood
- Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Wall Oven, Washer, Water Softener
Rooms
Bathrooms
- Total Bathrooms: 9
- Full Bathrooms: 9
Bedrooms
- Total Bedrooms: 9
Parking
- Attached garage: Yes
- Garage Spaces: 5
- Garage Description: Asphalt, Attached, Barn, Detached
Location
- Area: Lee County
- County: Lee
- Subdivision: IL
School Information
- School District: Ashton Franklin Center School District
- Elementary School: Ashton Franklin Center Elem
- Middle School: Ashton Franklin Center Middle
- High School: Ashton Franklin Center High
Heating & Cooling
- Cooling Type: Central Air
- Water Heater: Gas
Utilities
- Sewer: City/Community
- Water: City/Community
Structural Information
- Architectural Style: 2 Story
- Exterior Const.: Siding, Wood
- Basement: Yes
- Basement Desc.: Finished, Partial Exposure
- Roof: Metal
- Square Feet: 14,000
- Year Built: 1911
Lot Features
- Lot Size (Acres): 1
- Frontage: City/Town
Water Features
- Water Front Desc.: City/Community
Financial Considerations
- Price Per Sq. Ft.: $107.14
- For Sale/Rent/Lease: For Sale
- Tax Amount: $26,296
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: Per Title
Listed by Re/Max of Rock Valley
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Schools
Schools serving 409 N State St
School District:Ashton Community Unit School District 275
| Name | Grades | Distance |
|---|---|---|
Ashton-Franklin Center Elementary School 217 South Elm Street, Franklin Grove, IL 61031 | PK-6 | 0.5 mi |
Ashton-Franklin Center High School 611 Western Avenue, Ashton, IL 61006 | 7-12 | 4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 409 N State St
Date
Details
Price
Change
Source
10/17/2025
Listed
$1,500,000
100%
MLS
1/11/2024
Sold
$750,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 409 N State St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$26,296
19%
$328,764
15%
2021
$22,041
—
$285,881
9%
2021
$22,041
-17%
$262,276
-18%
2020
$26,660
10%
$319,417
3%
2019
$24,163
10%
$310,114
3%
2018
$21,940
—
$301,082
7%
2018
$21,940
—
$281,932
—
2017
$21,975
—
$281,932
—
2016
$22,076
71%
$281,932
89%
2015
$12,916
—
$149,208
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 409 N State St
409 N State Street, Franklin Grove, IL 61031 (MLS# 202506483) is a Single Family property with 9 bedrooms and 9 full bathrooms. 409 N State Street is currently listed for $1,500,000 and was received on October 17, 2025. Want to learn more about 409 N State Street? Do you have questions about finding other Single Family real estate for sale in Franklin Grove? You can browse all Franklin Grove real estate or contact a Coldwell Banker agent to request more information.
