10043 Lincoln Hwy Frankfort, IL 60423

This exceptional three-story medical office building, totaling 24,125 square feet, presents a unique investment opportunity in Frankfort, Illinois. Strategically located just off Route 30, west of LaGrange Road, this property enjoys high visibility and convenient access to major interstates I-80 and I-57. Its prime location is further enhanced by its proximity to other established medical facilities. The building boasts significant recent improvements, including a new roof (2021), a new parking lot (2022), and new HVAC units (2023). The first floor, encompassing 8,782 square feet, is currently leased to a reputable national tenant under a lease with over five years remaining. The second floor offers flexible space ranging from 3,395 to 6,790 square feet, and the lower level provides an additional 8,782 square feet, all available for lease. Rental rates are competitive, ranging from $18 to $26 per square foot, modified gross. Ample parking and excellent signage opportunities are also key features. This property offers a compelling combination of strong existing tenancy, significant recent upgrades, and a highly desirable location, making it an ideal investment for discerning buyers seeking a stable and growing medical office portfolio. The 1.64-acre lot provides ample space for expansion or future development.