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    10331 Lincoln Hwy Frankfort, IL 60423

    Sponsored
    For Sale
    $399,999

    Prime Office Space, High Visibility, Ample Parking

    Property size:
    3,132 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 3,132 square foot office space is situated in the desirable Brookside Commons on West Lincoln Highway in Frankfort, Illinois. The end-unit location offers excellent visibility and convenient access from Route 30. The main level, encompassing 1,566 square feet, features a well-designed layout perfect for a variety of professional uses, including marketing, accounting, legal, insurance, or medical practices. The space includes a welcoming reception area, three private offices, an executive office with its own private bathroom, a spacious open workspace ideal for collaboration, a convenient kitchen/lunchroom, and a dedicated conference room for meetings. Ample storage is available throughout the main level, complemented by a shared bathroom in the main hallway. A full basement provides additional storage, a full bathroom, and a large unfinished area offering significant potential for expansion or customization to meet specific business needs. Natural light streams into the office through numerous windows, creating a bright and inviting atmosphere. The property boasts ample parking for numerous vehicles. The monthly HOA assessment of $465.74 covers essential services including parking lot maintenance, snow removal, landscaping, and garbage pickup, ensuring a hassle-free ownership experience. This property presents a remarkable opportunity for businesses seeking a high-profile location with exceptional amenities and convenient access. The asking price is $399,999.

    Property Features for 10331 Lincoln Hwy

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    3,132 SF

    Building Details

    Year Built
    2003
    Property Profile Location Intelligence

    Current Use by Public Records

    Bricks 4 Kidz® ... School

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Frankfort
    County
    Will
    State
    Illinois
    Longitude
    -87.8681
    Latitude
    41.50455

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Space, High Visibility, Ample Parking
    Where is this office property / space located?
    The property is located at 10331 Lincoln Hwy Frankfort, IL.
    What is the asking price?
    The asking price for this property is $399,999.
    (847) 722-7272
    Request Owner's contact information
    10331 Lincoln Hwy Frankfort, IL 60423
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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
    10331 Lincoln Hwy Frankfort, IL 60423
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