10211 Lincoln Hwy Frankfort, IL 60423

This vacant, 8,000-square-foot restaurant building presents a unique investment opportunity in Frankfort, Illinois. Located at 10211 W Lincoln Hwy, this free-standing property boasts a 6,800-square-foot footprint and sits on a 0.41-acre lot. Built in 1993 and renovated in 2006, the building features two levels of dining space. The first floor includes a glass-enclosed atrium, while the second floor offers a 1,552-square-foot dining area under a vaulted skylight ceiling. A full basement provides additional office and storage space. The property also includes a convenient drive-up window, ideal for phone orders. Parking is readily available through shared parking and cross easements with the surrounding office development. The asking price is $1,600,000, translating to $200 per square foot. This property benefits from its location on the newly expanded Route 30, a high-traffic area with over 20,000 vehicles passing daily. Frankfort itself is a thriving community with a population of 41,697 within a three-mile radius, and 14,125 households boasting a median home value exceeding $300,000. The town's vibrant downtown area, featuring unique boutiques and family-friendly events, adds to the property's appeal. This owner/user opportunity is perfect for an established restaurant or a new venture looking to capitalize on Frankfort's strong economic growth, ranked second best in Illinois for job growth by WalletHub. The property is currently vacant.