For Sale
$3,150,000

9500 Lincoln Hwy Frankfort, IL 60423

High-traffic retail space, excellent income.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 11,100 square foot retail property in Frankfort, Illinois, presents a compelling investment opportunity. Located at 9500 W Lincoln Hwy, this single-story, 1986-built building sits on a 1.07-acre lot and boasts a prominent location with high traffic counts and visibility. The property is zoned COMMR and features 79 parking spaces, ensuring ample convenience for customers and tenants. The building is well-maintained and benefits from quality, long-term tenants, generating excellent income. Recent upgrades include new furnaces, AC systems, and water heaters in all units, along with a newer roof. This all-brick structure is surrounded by established businesses such as Mariano's and Walgreens, further enhancing its desirability and potential for continued success. The asking price is $3,150,000, translating to $286.36 per square foot. This property offers a rare chance to acquire a well-positioned, income-producing asset in a thriving community. The exclusive entrance and ample parking add to its appeal. This is an exceptional opportunity for investors seeking a stable and profitable addition to their portfolio.

Highlights

  • $3,150,000 asking price.
  • 11,100 square foot retail building.
  • $286.36 price per square foot.
  • Built in 1986, one story.
  • COMMR zoning.
  • 1.07-acre lot with 79 parking spaces.

Property Details for 9500 Lincoln Hwy

Property type
Retail properties
Square Feet
11,100 SF
Year Built
1986
Stories
1
Lot Size (sq. ft)
46,609 SF

Location Insight

City
Frankfort
County
Will
State
Illinois
Latitude
41.5071715
Longitude
-87.8472633

FAQs

What type of property is this?
Retail property - High-traffic retail space, excellent income.
Where is the retail property located?
The property is located at 9500 Lincoln Hwy Frankfort, IL.
What is the asking price?
The asking price for this property is $3,150,000.
What are key features of this property?
This property features: $3,150,000 asking price.; 11,100 square foot retail building.; $286.36 price per square foot.
How can I contact the broker?
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9500 Lincoln Hwy
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