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Commercial Land with Existing Structure
For Sale
$510,000

7825 W Lincoln Highway, Frankfort, IL 60423

Commercial Sale, Frankfort, IL

Property SizeContact for details
Lot Size0.84 Acres
Days on Market313

Property Features for 7825 W Lincoln Highway

General Information

Property type Commercial Sale
Property subtype Retail
Directions 80 to Harlem south to Lin Hwy(30) or take 90/94 South onto interstate 57 south to Lincoln
Subdivision Frankfort
Standard status Active
APN 1909243010040000
Lot size 0.84 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 8556

Building Details

Year built 1975
Floors in Building 1
Number of units 1
Listing Agency: Luna Realty Group
Listed By: Noemi Ochoa · License #475204596
Added: Oct 13, 2025 Changed: Aug 20 Last Checked: Aug 21 at 10:06AM
MLS# 12494417

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial land parcel contains 0.8396 acres along Lincoln Highway in Frankfort, Illinois. An existing structure, built in 1975, is present and can be demolished, allowing the property to be considered for redevelopment. The site is identified as suitable for possible residential, commercial, or mixed-use development.

The property is near downtown Frankfort, I-80, and La Grange Road. Its Lincoln Highway position provides access to a broader business area, with ingress and egress noted in the property information.

Key Highlights

  • 0.8396‑acre commercial land parcel
  • Located on Lincoln Highway in Frankfort, IL
  • Existing 1975 structure can be demolished

Property Analytics

Current Use

Pores of Color Tattoos ... Tattoo & Piercing Shop

Suggested Use

Top Pick Law Firm Restaurant Auto Parts Store HVAC Service Big Box & Wholesale Store Spa & Massage Center

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

333
Businesses Nearby
16k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Shell Shops & Services
10,301 visits/mo 0.2 miles
Circle K Shops & Services
3,232 visits/mo 0.2 miles
Valvoline Instant Oil Change Shops & Services
2,212 visits/mo 0.1 miles

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Parcel includes an existing structure that can be demolished for future redevelopment.
Where is this commercial land located?
The property is located at 7825 W Lincoln Highway Frankfort, IL.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: 0.8396‑acre commercial land parcel; Located on Lincoln Highway in Frankfort, IL; Existing 1975 structure can be demolished
More about this property
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