Property summary
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
VerifiedCap rate & NOI
Current use
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Currency Exchange Service Check Cashing Service
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Hair Salon Nail Salon
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Barber Shop
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Bank Credit Union
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Check Cashing
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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