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Residential Land with Home for Sale in Franklin Grove, Illinois

409 N State, Franklin Grove, IL 61031

$1,500,000
1.66 acres
Active
Est $9,541/mo

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.

1,300
Sq feet
9
Beds
9
Full baths

Location

Street address
409 N State
School district
Ashton Franklin Center School District
Elevation
810 feet
Coordinates
41.8451, -89.3038

Property details

Acreage
1.66 acres
MLS #
RAAR 202506483
Posted

Property taxes

2024
$26,296

Parcels

  • 060335400023

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
RE/MAX International

Exterior

Parking Spaces
5
Parking
Garage
Outdoor Spaces
Deck, Patio
Structures
Packing Shed, Shed(s)
Features
Garden Shed

Structure

Stories
2
Heating
Fireplace(s), Forced Air, Natural Gas
Cooling
Central Air
Roof
Metal

Interior

Rooms
Basement, Bathroom x 5, Bedroom x 5, Kitchen
Appliances
Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Softener Water, Washer
Features
Deck-Covered, Fire-Pit/Fireplace, Gazebo, Guest House/In Law Suite, L.L. Finished Space, Laundry 2 nd Floor, Patio-Brick Paver, Porch Covered, Storage Shed

Property utilities

CategoryTypeStatusDescription
GasNatural GasConnected

Nearby schools

NameLevelDistrictDescription
Ashton Franklin Center ElemElementaryAshton Franklin Center School District
Ashton Franklin Center MiddleMiddleAshton Franklin Center School District
Ashton Franklin Center HighHighAshton Franklin Center School District

Listing history

DateEventPriceChangeSource
Oct 18, 2025New listing$1,500,000RAAR
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This 1.66-acre property is located at 409 N State in Franklin Grove, IL 61031. The property is available for sale for $1,500,000. It has a 1,300 sq ft 9 bedroom, 9 bath house.

Checked 23 mins ago — Updated

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