Lee County, IL Specialty properties for sale

Updated: Mar 10

Renovated Estate with Limitless Potential

409 N State Street, Franklin Grove, IL 61031

$1,300,000

15,500 sqft · 1.66 AC lot

Multi‑building estate: 1913 renovated main house plus two additional custom‑built homes.
Main house: 10,000+ sq ft, 6 bedrooms, meticulously renovated with historic character and modern amenities.
Carriage house: 2,300 sq ft, full kitchen, king suite with spa bath, private deck, and 5‑car heated garage.
Cottage: 3,200 sq ft, vaulted ceilings, open‑design kitchen, full‑length decks, and garden‑style lower level.
Unique features: Stone cellar with sauna, garden pagoda, water garden with koi pond, yoga lawn, and fruit trees.

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This listing looks promising.

Here's a quick look at some key insights for

409 N State Street, Franklin Grove, IL 61031

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Est. Cap Rate

5.4%
NOI ÷ price
Est. NOI

$70K
Annual
Price @ 7% Cap

$994K
Suggested
Property Type

Single Family Residence
Built 1911

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Updated: May 7

Mixed-Use Multifamily and Daycare Property

250 Peru Street, Paw Paw, IL 61353

$230,000

Currently operating as a daycare and preschool, offering a ready mixed‑use setup with ongoing business use.
Built in 1891 with frame construction and an asphalt roof; heated by natural gas forced‑air.
Utilities include public water and public sewer; parking available off street and off alley, plus driveway and garage.
Features a finished, exterior‑access basement and an existing 2nd‑floor apartment, supporting flexible living or rental layouts.
Set on two village lots with a fenced yard and a blacktop half basketball court for outdoor use.

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New Dollar General Market Property

305 E Lincoln Hwy, Franklin Grove, IL 61031

$1,909,896

10,640 sqft

New construction Dollar General Market with long-term lease.

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Corner Lot in Franklin Grove

409 N State Street, Franklin Grove, IL 61031

$1,300,000

Corner lot at Route 38 and State Street.

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Historic Church and Parsonage

103 E Morgan Street, Dixon, IL 61021

$165,000

0.25 AC lot

Unique property blending community space and residential living.

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Historic Church and Parsonage

103 E Morgan Street, Dixon, IL 61021

$165,000

7,015 sqft · 0.25 AC lot

Church and parsonage in prime location across from park.

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Land For Sale Dixon, IL

Great Oaks Way lot: 41, Dixon, IL 61021

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Land available for purchase in Dixon, Illinois.

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Dixon Walgreens NNN Lease Property

1275 N Galena Ave, Dixon, IL 61021

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Long-term NNN lease with rare 5% rent increases every 5-years.

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 8 Active listings in Lee County, IL, we suggest exploring several alternatives: similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Acre Lot Near Lake Carroll

23-205 Blackberry Court, Lake Carroll, IL 61046

Contact for pricing

1.00 AC lot

One-acre building site with deeded marina slip for 2027.

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Multi-Use Development Land

6 Acres 25th Street lot: 2, Brodhead, WI 53520

$657,500

6.16 AC lot

Zoned res/comm with municipal sewer and water laterals and multiple access points for flexible residential or institutional use.

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Prime Corner Lot in Carpentersville

Huntley Road lot: 009, Carpentersville, IL 60110

$550,000

2.41 AC lot

2.41 acre corner lot near Randall Road corridor.

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Commercial Lot on Eola Road

2234 S Eola Road, Aurora, IL 60503

$475,000

1.06 AC lot

Commercial lot with frontage on Eola Road in Aurora, IL.

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Off-Market Properties in Lee County, IL

Consider similar Off-Market properties in Lee County, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Specialty properties

103 Morgan St, Dixon, IL 61021

Value Estimation by Request

0.25 AC lot

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