Price Reduction
Address
7905 W Lincoln Highway, Frankfort, IL
Price
$ 0
Property Attributes
- MLS#11869881
- TypeAuction
- CountyWILL
- CityFrankfort
- AreaFrankfort
- Zip60423
- Style
- Year Built1975
- Taxes$ 22598
- Price$ 0
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6700
- Lot Size1.72176 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Welcome to 7905 West Lincoln Highway, where an incredible opportunity awaits! Nestled in a prime corner location, this property boasts a thriving Night Club & Bar setup, complete with liquor licenses and coveted grandfathered Gaming Licenses. Key Features: *High Traffic Location: Situated on the bustling Route 30, ensuring a steady flow of customers. *Grandfathered Gaming: Enjoy consistent revenue streams from gaming activities. *Adaptable Floor Plan: The space offers versatility for various business concepts. *Flexible Use - C2 Zoning: Explore a range of possibilities for business operations. *Redevelopment Potential: With a sizable lot and flexible terms, envision the future of this property. *Bonus Outdoor Patio/Beer Garden: Perfect for patrons to enjoy the ambiance outdoors. *Parking Convenience: Accommodate up to 60 cars with ease, ensuring accessibility for customers. The seller is in the process of renovating the entire space and is motivated to sell due to retirement plans. Whether you're interested in taking over the existing business with equipment or embarking on a redevelopment project, this property offers endless potential. Details: Address: 7905 West Lincoln Highway Status: Under renovation, new pictures forthcoming Lot Size: Generously sized to accommodate various ventures Contact: Reach out to the listing agent for further details and to seize this lucrative opportunity Don't miss out on this chance to own a prime piece of real estate in a high-traffic area. Act now and make an offer today!
| Price History | |
|---|---|
| 8/25/2023 | Listed $850,000 |
| 3/3/2024 | 9% - $779,000 |
| 5/14/2024 | 100% - $0 |
General Features
| Cooling | Central Air |
|---|---|
| Possession | Closing |
| Zoning | COMMR |
| Year Built | 1975 |
| Electric | Circuit Breakers |
| Tenant Pays | Other |
| Stories | 1 |
| Property SubType | Free Standing Store,Neighborhood Storefront,Other,Restaurant |
| Tax Year | 2022 |
| County | Will |
| Property Type | Commercial Sale |
| Status | Auction |
| Directions | take90/94expressways to !-57 south Lincoln Hw& west to property |
| City | Frankfort |
| MLS Area | Frankfort |
| Lot Size Square Feet | 75000 |
| Street Name | Lincoln |
| Tax Annual Amount | 22598 |
| Additional Parcels Y/N | No |
| Days on Market | 264 |
| Standard Status | Active |
| Property Type | Retail/Stores |
Interior Features
| Street Suffix | Highway |
|---|
Exterior Features
| Building Area Total | 6700 |
|---|---|
| Lot Dimensions | 375X200 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Auction Average in 60423
Taxes
Visits
Year Built
Walkscore
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than NextHome Select Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2024 All rights reserved.Based on information submitted to the MLS GRID as of May 16, 2024 10:48 AM UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice.
Data is updated as of May 16, 2024 10:48 AM UTC
