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    7905 Lincoln Hwy Frankfort, IL 60423

    Sponsored
    For Sale
    Contact for pricing

    Thriving business, high-traffic location, huge potential.

    Property size:
    6,700 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    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.

    Property Features for 7905 Lincoln Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,700 SF

    Building Details

    Year Built
    1975
    Property Profile Location Intelligence

    Current Use by Public Records

    Local Bar Bar

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Frankfort
    County
    Will
    State
    Illinois
    Longitude
    -87.80755
    Latitude
    41.50629

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    FAQs

    What type of property is this?
    Commercial real estate - Thriving business, high-traffic location, huge potential.
    Where is this commercial real estate located?
    The property is located at 7905 Lincoln Hwy Frankfort, IL.
    (630) 715-9999
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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
    7905 Lincoln Hwy Frankfort, IL 60423
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