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Multi-Level Office Suites
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10043 W Lincoln Hwy, Frankfort, IL 60423

Secure vestibule entry and private restrooms serve elevator- and stair-access office levels.

Space Size8,553 SF
Property Size28,631 SF
Days on Market1159

Property Features for 10043 W Lincoln Hwy

General Information

Standard status Active
Size 8,553 SF
Property subtype Office

Building Details

Building Size 28,631 SF
Year Built 1993
Tenancy Multiple

Spaces For Lease

at 10043 W Lincoln Hwy Contact us

2nd Floor

Type
Office
Availability
Active
Contact us

Lower Level

Size
8,553 SF
Type
Office
Availability
Active
Contact us
Listing Agency: Olivieri Real Estate LLC
Listed By: Jackie Montvidas · License #IL 705768
Source: Crexi
Added: Jul 5, 2023 Changed: Aug 25 Last Checked: Sep 4 at 1:41PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Olivieri Real Estate LLC

Investment Insights

Based on property information with market context.

This multi-level office building offers access to the elevator and stairs from all levels, along with private restrooms. An entryway secure vestibule provides controlled access for employees and visitors. Space is currently available on the 2nd level.

The available 2nd Floor suite provides 6,790 SF. Other levels referenced in the property description include an LL level of 8,553 SF, while the 1st floor is noted as not available.

Tenants can expect a functional, self-contained layout with restroom privacy on the floors served by elevator and stairs.

Key Highlights

  • Office building built in 1993
  • Secure vestibule at the entry helps support safety for employees and visitors
  • Elevator and stairs provide access to all levels

Property Analytics

Current Use

Meyer Medical Physicians ... Medical Clinic Wellgroup Health Partners Physician Meyer Medical Physicians ... Physician Russell Joseph W ... Physician Heyburn Robert N ... Physician

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Grocery & Convenience Store Auto Parts Store Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,035
Businesses Nearby

Demographics for 60423, IL

32,784
Population
11,494
Households
2.9
Avg Household Size
42
Median Age
48%
College-Educated
97%
High-School Grad
37.9 sq mi
ZIP Area
865
Density / Sq Mi
$137,651
Median Household Income
$63,686
Median Earnings
$1,455
Median Rent
$376,500
Median Home Value

Market

Lease Benchmarks for Frankfort, IL

$14.41 /SF/Yr
Avg Asking Price
$11–$18.9 /SF/Yr
Price Range
2,213 SF
Avg Space Size

This space is priced 25% above the average of $14.41 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Secure vestibule entry and private restrooms serve elevator- and stair-access office levels.
Where is this office units located?
The property is located at 10043 W Lincoln Hwy Frankfort, IL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Office building built in 1993; Secure vestibule at the entry helps support safety for employees and visitors; Elevator and stairs provide access to all levels
More about this property
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