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Professional Office Condo For Sale

10331 W Lincoln Hwy, Frankfort, IL 60423

For Sale
$385,000

Professional office condo with build-out potential in Frankfort, Illinois.

Property Size3,132 SF
Price / SF$122.92
Days on Market229

Property Features for 10331 W Lincoln Hwy

General Information

Standard status Active
Size 3,132 SF

Building Details

Year Built 2003
Listing Agency: Olivieri Real Estate LLC
Listed By: Jacqueline Montvidas · License IL #475138574
Source: Grandviewrealtyservices
Added: Mar 27 Changed: Oct 26 Last Checked: Oct 7 at 3:30PM

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

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Investment Insights

Based on property information with market context.

This professional office condo is located in Brookside Commons. The end-unit property offers 1,566 square feet of office space on the main level. The layout includes a reception area, three private offices, an executive office with a private bathroom, an open work area, a conference room, and a kitchen. Storage space is available, and a shared bathroom is located off the main hallway. The full 1,566 square foot basement provides additional storage, a full bathroom with shower, and a large open area that can be built out for future expansion. The office has natural light from numerous windows. The HVAC system was updated in 2025, the roof in 2022, and the hot water tank in 2019. A water softener is also in the unit. The property is located on Route 30 (Lincoln Highway) with stoplight access and ample parking. It is suited for attorneys, CPAs, insurance or financial professionals, counseling services, or general office users.

Key Highlights

  • Prime location on Route 30 (Lincoln Highway) with stoplight access and ample parking.
  • 1,566 SF of thoughtfully built‑out main level office space including reception area, private offices, executive office with private bathroom, conference room, and kitchen.
  • Full 1,566 SF basement with bathroom and shower, offering extensive storage and potential for future expansion.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Bricks 4 Kidz® ... High School

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Pharmacy Building Supply Bakery Electrical Service

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

Location Intelligence

Trade Area within ½ mile

470
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Office Units in Will County, IL

$202 Jul
$210 Aug
$204 Sep
$158 Oct

Properties on Market for Office Units in Will County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Professional office condo with build-out potential in Frankfort, Illinois.
Where is this office unit located?
The property is located at 10331 W Lincoln Hwy Frankfort, IL.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Prime location on Route 30 (Lincoln Highway) with stoplight access and ample parking.; 1,566 SF of thoughtfully built‑out main level office space including reception area, private offices, executive office with private bathroom, conference room, and kitchen.; Full 1,566 SF basement with bathroom and shower, offering extensive storage and potential for future expansion.
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