Property profile

9500 Lincoln Hwy Frankfort, IL 60423

OFF-MARKET
Retail properties & Spaces
11,100 SF 1.07 ac lot Built 1986
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Property summary

AI-generated overview

This exceptional 11,100 square foot retail property in Frankfort, Illinois, presents a compelling investment opportunity. Located at 9500 W Lincoln Hwy, this single-story, 1986-built building sits on a 1.07-acre lot and boasts a prominent location with high traffic counts and visibility. The property is zoned COMMR and features 79 parking spaces, ensuring ample convenience for customers and tenants. The building is well-maintained and benefits from quality, long-term tenants, generating excellent income. Recent upgrades include new furnaces, AC systems, and water heaters in all units, along with a newer roof. This all-brick structure is surrounded by established businesses such as Mariano's and Walgreens, further enhancing its desirability and potential for continued success. The asking price is $3,150,000, translating to $286.36 per square foot. This property offers a rare chance to acquire a well-positioned, income-producing asset in a thriving community. The exclusive entrance and ample parking add to its appeal. This is an exceptional opportunity for investors seeking a stable and profitable addition to their portfolio.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1986
Total area 11,100 SF
Lot 1.07 ac (46,609 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Currency Exchange Service Check Cashing Service
  • Hair Salon Nail Salon
  • Barber Shop
  • Bank Credit Union
  • Check Cashing

Location

9500 Lincoln Hwy Frankfort, IL 60423
Frankfort metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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