7818 W Lincoln Highway Frankfort, IL ^$ 900,000

7818 W Lincoln Highway

^$ 900,000

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7818 W Lincoln Highway

Frankfort, IL, 60423

^$ 900,000

Studio Baths0.0 Sq 4,779

Monthly Estimate*

^$ 6,287

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Studio

Commercial Property for sale in Frankfort, IL

for $900,000. This 4,779 square foot building was built on a lot size of 0.918274.

Opportunity on high traffic Route 30 built out 4700 SF building on an acre. Continue to run restaurants and sports bar (all equipment included) AND collect bank with grandfathered gaming machines or bring new concept to this hot location. BRING AN OFFER! * High traffic count Route 30 * Established turn-key business * Grandfathered gaming with $$$ revenue * Adaptable Floor Plan * Flexible use - C2 Zoning * Redevelopment potential * Sizable lot * Flex terms * Possible seller financing Contact LA for details.

Commercial Active

Price

^$ 900,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Bar/Tavern/Lounge,Food & Beverage,Restaurant

Lot Size

0.918274

Town/City

Frankfort

County/Region

Will

MLS | Web ID

11867636

Features

General

Cooling Central Air

Possession Closing

Roof Rubber

Zoning COMMR

Construction Materials Brick Wood Frame

Electric Service - 101 to 200 Amps

Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service

Stories 1

Tax Year 2022

Business Type Bar/Tavern/Lounge Food & Beverage Restaurant

County Will

Operating Expense 0

Property Type Business Opportunity Bus / Bus w/Real Est

Status Active

Directions HARLEM AVE (RT 43) TO LINCOLN HWY (RT 30) WEST APPROX 1 MILE. PROPERTY ON THE NORTH SIDE

City Frankfort

MLS Area Frankfort

Lot Size Square Feet 40000

Waterfront Y/N N

Street Name Lincoln

Tax Annual Amount 0

Additional Parcels Y/N N

Days on Market 112

Standard Status Active

Ownership Type Individual

Exterior

Building Area Total 4779

Lot Dimensions 400X100

Interior

Street Suffix Highway

* Excluded Features

List By

Trelleum Llc

Broker

info@theresamueller.com

Affordability Calculator

$6,287

Per Month

Monthly Principal & Interest: $6,287
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% 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

Trends
Schools

Commerical listings in Frankfort, IL

Average List Price ^$915,280

Percent of Sale Price 2%

About Frankfort, IL

18,979 Population

74% Since 2002

^$108,814 Median Income

43.78 Median Age

37% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/5/2023	$900,000	-10.00%	Price Down
8/24/2023	$1,000,000		Listed Price

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7818 W Lincoln Highway, Frankfort, IL, 60423 is a Commercial Property for sale at $900,000 with 4,779 sqft and a lot size of 0.918274. 7818 W Lincoln Highway is a studio with 0.0 baths. The property's zip code is 60423 which is in Frankfort, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 4/28/2024.

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7818 W Lincoln Highway

Commercial Property for sale in Frankfort, IL

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