407 Lincoln Highway Rochelle, IL $ 545,000
407 Lincoln Highway
$ 545,000
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407 Lincoln Highway

Rochelle, IL, 61068
$ 545,000
Bedrooms-- Baths-- Sq 6,820

Monthly Estimate*

$ 3,356

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Commercial Property for sale in Rochelle, IL

for $545,000. This 6,820 square foot building was built on a lot size of 0.062489.

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.

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Commercial Active

Price

$ 545,000

Property Type

Commercial

Taxes

$ 8,283

Style

Bed & Breakfast,Arts and Entertainment,Bar/Tavern

Lot Size

0.062489

Town/City

Rochelle

County/Region

Ogle

MLS | Web ID

12664456

Features
General
Cooling Central Air
Possession Closing
Zoning COMMR
Construction Materials Brick
Electric 220 Volts
Stories Count 3
Tax Year 2025
Current Use Commercial
Business Type Bed & Breakfast Arts and Entertainment Bar/Tavern/Lounge Food & Beverage Restaurant Liquor Store Retail Other
Additional Parcels Description 24243400070000
County Ogle
Operating Expense 0
Property Type Business Opportunity Bus / Bus w/Real Est
Possible Use Commercial Liquor License Retail Special Use Other
Status New
Directions Rt 38 Left on Lincoln Hwy to Property.
City Rochelle
MLS Area Flagg Center / Hillcrest / Kings / Rochelle
Lot Size Square Feet 2722
Tax Annual Amount 8283.1
Additional Parcels Y/N Y
Standard Status Active
Ownership Type LLC
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Exterior
Water Source Municipal Water
Building Area Total 6820
Lot Dimensions 123.75X22
Frontage Type City Street Alley Access Paved
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* Excluded Features
List By
Cathie Dame

Listing Agent

Rochelle - Weichert, Realtors® - Signature Professionals

Broker

Affordability Calculator

$4,046
Per Month
83%
17%
0%
Monthly Principal & Interest
$3,356
Monthly Property Taxes
$690
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/7/2026$545,000 Listed Price

Map


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407 Lincoln Highway, Rochelle, IL, 61068 is a Commercial Property for sale at $545,000 with 6,820 sqft and a lot size of 0.062489. The property's zip code is 61068 which is in Rochelle, IL