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    9999 Lincoln Hwy Frankfort, IL 60423

    Sponsored
    For Sale
    $1,200,000

    Spacious Two-Story Office, Full Basement

    Property size:
    8,400 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 8,400 square foot, two-story office building presents a remarkable investment opportunity in Frankfort, IL, located at 9999 W Lincoln Highway. The first floor boasts a sophisticated reception and waiting area, six private offices, a sizable open workspace with workstations, a dedicated conference room, a copy room, and two bathrooms. Convenient elevator access is also available. The building's thoughtful design includes a separate entrance to the second floor, allowing for independent leasing potential. This upper level features three private offices, a large open area with workstations, and a bathroom. A full basement, largely finished, offers further versatility. This lower level includes three private offices, a kitchen, a conference room, a computer room, and ample storage space. The unfinished portion of the basement provides significant potential for expansion, readily adaptable into additional workspaces. High-quality finishes and existing build-outs throughout the building minimize upfront capital expenditures. This property is ideally suited for a variety of businesses seeking a well-appointed and functional office space with significant expansion capabilities. The asking price is $1,200,000.

    Property Features for 9999 Lincoln Hwy

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    8,400 SF

    Building Details

    Year Built
    2007
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Frankfort
    County
    Will
    State
    Illinois
    Longitude
    -87.85899
    Latitude
    41.50607

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    FAQs

    What type of property is this?
    Office Property / Space - Spacious Two-Story Office, Full Basement
    Where is this office property / space located?
    The property is located at 9999 Lincoln Hwy Frankfort, IL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    (708) 675-1600
    Request Owner's contact information
    9999 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
    9999 Lincoln Hwy Frankfort, IL 60423
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