10211 Lincoln HwyFrankfort, IL 60423

For Sale
$1,600,000
Prime Frankfort location, fully equipped, 8,000 sq ft.

Overview

Added:
Dec 11, 2024
Days on market:
126
This vacant, 8,000-square-foot restaurant building presents a unique investment opportunity in Frankfort, Illinois. Located at 10211 W Lincoln Hwy, this free-standing property boasts a 6,800-square-foot footprint and sits on a 0.41-acre lot. Built in 1993 and renovated in 2006, the building features two levels of dining space. The first floor includes a glass-enclosed atrium, while the second floor offers a 1,552-square-foot dining area under a vaulted skylight ceiling. A full basement provides additional office and storage space. The property also includes a convenient drive-up window, ideal for phone orders. Parking is readily available through shared parking and cross easements with the surrounding office development. The asking price is $1,600,000, translating to $200 per square foot. This property benefits from its location on the newly expanded Route 30, a high-traffic area with over 20,000 vehicles passing daily. Frankfort itself is a thriving community with a population of 41,697 within a three-mile radius, and 14,125 households boasting a median home value exceeding $300,000. The town's vibrant downtown area, featuring unique boutiques and family-friendly events, adds to the property's appeal. This owner/user opportunity is perfect for an established restaurant or a new venture looking to capitalize on Frankfort's strong economic growth, ranked second best in Illinois for job growth by WalletHub. The property is currently vacant.

Highlights

  • Owner-user opportunity.
  • Restaurant for sale or lease in Frankfort, IL.

Property Details for 10211 Lincoln Hwy

Property type
Retail properties, Restaurants
Square Feet
8,000 SF
Year Built/Renovated
1993/2006
Lot Size (sq. ft)
17,860 SF

Location Insight

City
Frankfort
County
Will
State
Illinois
Latitude
41.5057078
Longitude
-87.8651413
10211 Lincoln Hwy, Frankfort, Illinois

FAQs

What type of property is this?
Retail property - Prime Frankfort location, fully equipped, 8,000 sq ft.
Where is the retail property located?
The property is located at 10211 Lincoln Hwy Frankfort, IL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Owner-user opportunity.; Restaurant for sale or lease in Frankfort, IL.;
How can I contact the broker?
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10211 Lincoln Hwy
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