409 N State Street Franklin Grove, IL 61031 • Commercial - Investment • Price Change $1,300,000

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 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.

Property Highlights