407 Lincoln Hwy

Rochelle, IL 61068
  • $545,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 6,820

    SqFt

About the Listing 93999 - 930208

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.

Listing Highlights

Status Active
Days on Site 39
Property Type Business Opportunity
MLS ® 12664456
Year Built
Total Square Footage 6,820
Lot/Acreage 0.06

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Central Bldg Heat,Forced Air,Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Municipal Water

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 123.75X22
  • Zoning: COMMR
  • Roof:
  • Others:
  • Sewer:
  • Parking Features: Common Parking,Lighted,Public Lot,Parking On-Site,Parking-Street

Financial Details

  • Tax Amount: $8,283
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 24243400060000
  • Tax Year: 2025

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Questions About..

407 Lincoln Hwy Rochelle, IL 61068

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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