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Restaurant Space in Frankfort Community
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10211 W Lincoln Hwy, Frankfort, IL 60423

6,800 SF freestanding restaurant with fully equipped kitchen.

Space Size8,000 SF
Days on Market1853

Property Features for 10211 W Lincoln Hwy

General Information

Standard status Active
Size 8,000 SF
Class A
Property subtype Retail, Restaurant
Lease Type NNN

Building Details

Year Built 1993
Tenancy Single

Spaces For Lease

at 10211 W Lincoln Hwy Contact us

Available Space

Size
8,000 SF
Type
Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Imperial Realty Company
Listed By: Theron May · License #IL 471.019986
Source: Crexi
Added: Aug 6, 2021 Changed: Aug 28 Last Checked: Aug 28 at 11:32PM

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 Imperial Realty Company

Investment Insights

Based on property information with market context.

This 6,800 square foot freestanding restaurant is suitable for fine or casual dining. The unique space features two levels of dining, including a glass-enclosed atrium on the first floor and a 1,552 square foot dining area under a vaulted skylight ceiling on the second floor. It includes a fully equipped kitchen and a convenient drive-up window for phone orders. The property has shared parking and cross easements with the surrounding office development. A full basement is included, and there is plenty of parking available. The property is located on the newly expanded Route 30 in Frankfort, Illinois, a community with a population of 41,697 within a 3-mile radius and 14,125 households with a median home value exceeding $300,000. Over 20,000 vehicles pass by the building daily. Frankfort's historic downtown features boutiques, restaurants, and community events.

Key Highlights

  • Free‑standing 6,800 sf restaurant on newly expanded Route 30.
  • Two levels of dining: glass enclosed atrium (1st floor) & 1,552 sf vaulted skylight dining area (2nd floor).
  • Fully equipped kitchen and convenient drive‑up window.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Auto Parts Store Plumbing Service Electrical Service Storage Facility

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
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

650
Businesses Nearby
9k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 89% Shops & Services 11%
Aurelio's Pizza Dining
8,194 visits/mo 0.3 miles
MyEyeDr. Shops & Services
994 visits/mo 0.2 miles

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

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - 6,800 SF freestanding restaurant with fully equipped kitchen.
Where is this conventional restaurant located?
The property is located at 10211 W Lincoln Hwy Frankfort, IL.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: Free‑standing 6,800 sf restaurant on newly expanded Route 30.; Two levels of dining: glass enclosed atrium (1st floor) & **1,552 sf vaulted skylight dining area (2nd floor).**; Fully equipped kitchen and convenient drive‑up window.
(773) 736-6461 Call to check price and availability
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