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    7805-7821 W Lincoln Hwy Frankfort, IL 60423

    New
    For Sale
    $1,450,000

    Commercial Sale - Frankfort, IL

    Property size:
    8,402 SF
    Days on Market:
    3
    Last Refresh:
    Dec 10 at 3:06 am

    Property Features for 7805-7821 W Lincoln Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    1909243010060000
    Size
    8,402 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1970
    Number of units
    5
    Architectural style
    Other

    HomeSmart Realty Group (708) 320-0002 [email protected]

    Listing agent Harriet Kubicz (708) 320-0002 License #471020838

    Listing date Dec 8, 2025

    MLS# 12434520 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Frankfort Retail Strip Center

    This is a cash-flowing strip center located on a high-traffic main street, offering excellent visibility and access. The multi-tenant retail property is fully leased and features a diverse mix of established businesses under long-term leases, providing stable income and minimal turnover. It is located in a thriving area and benefits from strong demographics and prime corner frontage. The property is a well-maintained, income-producing strip plaza with value-add potential and broad appeal. The property is located in Frankfort, IL. The property size is 8402 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Hair Salon Nail Salon Auto Repair Shop Pharmacy Wholesale Shop Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Frankfort
    County
    Will
    State
    Illinois
    Longitude
    -87.8050874
    Latitude
    41.5061786

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    FAQs

    What type of property is this?
    Strip mall - Fully leased retail property with stable income in Frankfort, IL.
    Where is this strip mall located?
    The property is located at 7805-7821 W Lincoln Hwy Frankfort, IL.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: - Fully leased, multi-tenant retail property providing stable income.; - High-traffic main street location with excellent visibility and access.; - Diverse mix of established businesses under long-term leases.
    (708) 320-0002
    Request Owner's contact information
    7805-7821 W Lincoln Hwy Frankfort, IL 60423
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    Frankfort, IL 60423
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7805-7821 W Lincoln Hwy Frankfort, IL 60423
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