407 Lincoln Highway, Rochelle, IL

$545,000

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About 407 Lincoln Highway

A rare opportunity to own a truly one-of-a-kind historic mixed-use property where timeless character meets modern convenience. The original front portion of the building was constructed in 1863, with an addition completed in 1903. Encompassing 6,820 square feet, this remarkable property has been meticulously restored and transformed by its current owners into a true labor of love. From 2019 to 2021, the building underwent an extensive renovation from the ground up. While preserving the original brick walls, stunning tin ceilings, and historic charm, nearly every interior component was replaced or upgraded, including windows, electrical, plumbing, fixtures, flooring, and mechanical systems. The result is a beautiful blend of old-world craftsmanship and modern functionality. The property has been operating as four businesses under one roof, the possibilities for this property are endless. The main level features a charming retail boutique and an exceptional gourmet farm-to-table restaurant. The lower level is home to the Scalehouse Lounge, a unique speakeasy-inspired space showcasing a custom bar crafted from a vintage grain bin. Behind the bar sits the historic Hub Printing scale from the company that printed the first issue of Playboy magazine-ingeniously repurposed as a liquor display and unforgettable conversation piece. Additional lower-level amenities include heated floors, heated exterior entry steps, antique light fixtures, a gaming room, and two restrooms. An elevator provides convenient access between levels, assisting with restaurant operations while also enhancing accessibility throughout the building. The upper level features two beautifully appointed Airbnb suites, each offering a full kitchen and private bath. Additional improvements include a full-building sprinkler system and comprehensive security system, providing peace of mind for owners and guests alike. Whether you're looking for a restaurant and hospitality venture, an income-producing investment property, a destination business, or a unique mixed-use opportunity, this turnkey property is ready for its next chapter. Rich in history, thoughtfully renovated, and impossible to replicate, this extraordinary building is truly a hidden gem waiting for its next owner to bring their vision to life.

Features of 407 Lincoln Highway

MLS® # 12664456
Price $545,000
Bathrooms 0.00
Type Business Opportunity
Sub-Type Bus / Bus w/Real Est
Status Active
Taxes $8,283

Community Information

Address 407 Lincoln Highway
Area Flagg Center / Hillcrest / Kings / Rochelle
City Rochelle
County Ogle
State IL
Zip Code 61068

Amenities

Is Waterfront No
New Construction No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Exterior

Exterior Brick

Additional Information

Days on Market 18
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeWeichert REALTORS Signature Professionals

Listing Map

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