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    9301 Lincoln Hwy Frankfort, IL 60423

    Sponsored
    For Sale
    $1,295,000

    Prime 2.5-acre commercial lot. High-growth area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 2.499-acre commercial land parcel presents a remarkable investment opportunity in the thriving Frankfort, Illinois market. Located at 9301 W Lincoln Hwy, this property boasts a highly desirable corner lot position, offering exceptional visibility and accessibility. The expansive lot size provides ample space for a wide range of commercial developments. Zoning allows for numerous commercial uses, including automotive-related businesses, making it an ideal location for entrepreneurs and investors seeking to establish a strong presence in this dynamic area. The asking price for this prime commercial land is $1,295,000. Situated in Will County, Illinois, with a 60423 zip code, this property benefits from its strategic location within a growing community. The coordinates are 41.5065052 latitude and -87.842954 longitude. This is a rare opportunity to acquire a substantial commercial lot in a prime location with significant development potential. Don't miss out on this chance to build your business in a thriving market. Serious inquiries only.

    Property Features for 9301 Lincoln Hwy

    General Information

    Property type
    Land
    Lot Size
    108,856 SF

    HighLights

    • $1,295,000 asking price.
    • 2.499‑acre commercial land parcel.
    • Located at 9301 W Lincoln Hwy, Frankfort, IL 60423.
    • Corner lot ideal for new commercial construction.
    • Suitable for various commercial uses, including automotive‑related businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -87.842954
    Latitude
    41.5065052

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    FAQs

    What type of property is this?
    Land - Prime 2.5-acre commercial lot. High-growth area.
    Where is this land located?
    The property is located at 9301 Lincoln Hwy Frankfort, IL.
    What is the asking price?
    The asking price for this property is $1,295,000.
    What are key features of this property?
    This property features: $1,295,000 asking price.; 2.499-acre commercial land parcel.; Located at 9301 W Lincoln Hwy, Frankfort, IL 60423.
    Request Owner's contact information
    9301 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
    9301 Lincoln Hwy Frankfort, IL 60423
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