9999 Lincoln Hwy Frankfort, IL 60423
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.