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10211 Lincoln Hwy Frankfort, IL 60423

Sponsored
For Sale
$1,600,000

Prime Frankfort location, fully equipped, 8,000 sq ft.

Property size:
8,000 SF

Description

Added:
Dec 11, 2024
Days on Market:
394
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.

Property Features for 10211 Lincoln Hwy

General Information

Property type
Restaurants
Square Feet
8,000 SF
Lot Size
17,860 SF

Building Details

Year Built/Renovated
1993/2006

HighLights

  • Owner‑user opportunity.
  • Restaurant for sale or lease in Frankfort, IL.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply 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
-87.8651413
Latitude
41.5057078

FAQs

What type of property is this?
Restaurant - Prime Frankfort location, fully equipped, 8,000 sq ft.
Where is this restaurant located?
The property is located at 10211 Lincoln Hwy Frankfort, IL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Owner-user opportunity.; Restaurant for sale or lease in Frankfort, IL.;
More about this property
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