Address
9500 W Lincoln Highway, Frankfort, IL
Price
$ 3,150,000
Property Attributes
  • MLS#12009354
  • TypeCommercial
  • CountyWILL
  • CityFrankfort
  • AreaFrankfort
  • NeighborhoodBrookside Glen
  • Zip60423
  • Style
  • Year Built1986
  • Taxes$ 18070
  • Price$ 3,150,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage11100
  • Lot Size1.05344 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Exclusive opportunity awaits! This exceptional investment property would make an excellent addition to your portfolio. Conveniently located in a premier location of Frankfort with an extremely high traffic count and exposure. The building has excellent income production, is well maintained and has quality long-term tenants. Surrounded by well established businesses like Mariano's and Walgreens. Exclusive entrance with a parcel size of 1.07 acres. Other features include; 79 parking spaces, recently replaced furnaces, A/C systems, water heaters in all the units and a newer roof. This all brick building will exceed your expectations in this continuously growing community.

Price History
3/20/2024 Listed $3,150,000

General Features

Cooling Central Air,Central Individual,Exhaust Fan
Zoning COMMR
Construction Materials Brick
Year Built 1986
Electric Circuit Breakers
Stories 1
Property SubType Strip Center
Tax Year 2022
Gross Income 284172
County Will
Net Operating Income 251801
Operating Expense 14300
Insurance Expense 6000
Property Type Commercial Sale
Status Active
Directions South on LaGrange Rd to Lincoln HWY go East and property will be on North side
City Frankfort
Total Units 9
MLS Area Frankfort
Lot Size Square Feet 45888
Street Name Lincoln
Tax Annual Amount 18070.7
Electric Expense 2300
Additional Parcels Y/N No
Days on Market 8
Standard Status Active
Property Type Retail/Stores

Interior Features

Street Suffix Highway

Exterior Features

Building Area Total 11100
Lot Dimensions 175X383

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 Commercial Average in 60423

Price
AVG $310K
$3.15M
Taxes
AVG $29,989
$18,070
Visits
AVG 220
38
Data Provided by Inside Real Estate®
Year Built
AVG 1993
1986

Areas We Cover