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    Frankfort, IL
    Conventional Restaurant

    Frankfort, IL Conventional Restaurants for Sale

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    Mokena, IL New Lenox, IL Matteson, IL
    Frankfort Restaurant with Unique Features
    Updated: May 6, 2021
    Frankfort Restaurant with Unique Features

    10211 W Lincoln Hwy, Frankfort, IL 60423

    $1,600,000
    8,000 sqft
    High‑traffic location on Route 30 with over 20,000 vehicles passing daily.
    Large 6,800 sf free‑standing restaurant with two levels of dining, including a glass atrium and vaulted skylight ceiling.
    Fully equipped kitchen ready for immediate use.
    Located in a premier Frankfort community with strong demographics: 41,697 population, 14,125 households, and a median home value exceeding $300,000 within a 3‑mile radius.
    Convenient drive‑up window for phone orders.
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    This listing looks promising.

    Here's a quick look at some key insights for

    10211 W Lincoln Hwy, Frankfort, IL 60423

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    • Est. Cap Rate

      6%
      Above avg (5.9%)

    • Est. NOI

      $96K
      Annual

    • Mortgage

      $255K
      May 2016

    • Last Sold

      May 2016
      $300K

    • Property Type

      Commercial (General)
      Built 1999
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Frankfort, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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    Frankfort, IL Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Frankfort, IL on our real estate platform. These investment opportunities span a total of 8,000 square feet of properties for sale, with an estimated market value of $1,600,000.

    Sale prices for conventional restaurants in Frankfort, IL start at $1,600,000, averaging $1,600,000, and reaching up to $1,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 2
    Drive through restaurants 1

    Demographics Overview

    Population 33K
    Population Growth (5Y) +6.1%
    Median Household Income $137,651
    College Educated 67.6%

    High-Yield Neighborhoods for Investment

    Identify Frankfort submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60423 $1.6M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Will County

    New Delisted

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