7905 Lincoln Hwy Frankfort, IL 60423-9415
This exceptional 6,700 square foot commercial property located at 7905 W Lincoln Highway in Frankfort, IL, presents a unique investment opportunity. Currently operating as a nightclub and bar, this establishment boasts a prime corner location on the busy Route 30, ensuring high visibility and consistent customer traffic. The property includes valuable grandfathered gaming licenses, adding a significant revenue stream to the existing business. The spacious layout offers adaptability for various business ventures, and the C2 zoning allows for a wide range of uses. The seller is currently undertaking a complete renovation of the space, with updated photos to be available soon. The property also features a bonus outdoor patio or beer garden, perfect for expanding the business's outdoor seating and ambiance. Ample parking is available, accommodating up to 60 vehicles. The seller is motivated to sell due to retirement and is open to flexible terms. This property is ideal for an entrepreneur looking to acquire a turnkey operation with existing equipment and licenses or for a developer seeking a redevelopment project in a high-demand location. The generous lot size provides ample space for expansion or future development. Don't miss this chance to own a thriving business or a prime piece of real estate in a high-traffic area.
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Local Bar Bar & Pub
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.