Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Property profile & analytics

7777 Lincoln Hwy Frankfort, IL 60423

  • Commercial real estate
  • 13,706 SF
  • 2.11 lot acres
Value Estimation
$2,445,000
Last Sale
Oct 05, 2022
$2,494,966
Location Intelligence
Property ID
US28-0195167
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Daniel Ryba A PT / Physical Therapist
  • South Suburban Hearing Health Center / Audiologist / Hearing Aid Store
  • Frankfort Physical Therapy / Physical Therapist / Physical Therapy Clinic
  • Handy Tradess LLC / General Contractor
  • STG Divorce Law, P.C. / Divorce Lawyer

Property Details for 7777 Lincoln Hwy

Year built
2002
Construction
STEEL FRAME
Lot size
2.11 lot acres
Property size
13,706 SF
Property type
Commercial real estate
APN
19-09-24-326-001
APU
190924326001

Description

This exceptional Frankfort, Illinois office space, located at 7777 W Lincoln Hwy, 1st Floor, offers a diverse range of options for businesses of all sizes. Situated in Will County, this property provides flexible solutions including traditional office suites, executive offices, coworking spaces, medical offices, and creative office environments. The space caters to various needs, from single-person offices to large corporate setups, with customizable options ranging from fully furnished and equipped private offices to hot desks in a shared coworking area. Meeting rooms are available for short-term or long-term use, equipped for presentations, training sessions, or informal gatherings. For businesses seeking a professional image without the commitment of a full-time office, virtual office options are also available, including mail handling and virtual assistant services. Flexible working plans provide access to a global network of workspaces, offering a variety of options to suit individual business needs and preferences. The property allows for tailored office space design, accommodating teams of one to one hundred desks or more. This location provides a blend of professional, inspiring, and collaborative work environments, supported by a comprehensive benefits program including exclusive discounts and procurement support. The property is ideally suited for businesses seeking adaptable and scalable office solutions in a prime location.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $2,345,000
  • CAP approach

    CAP return
    Estimation
    6%
    $2,510,000
    6.5%
    $2,590,000
    7%
    $2,540,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $2,560,000
    Geo Method
    $2,450,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $2,765,000
    Retail
    $2,335,000
    Mixed-Use
    $2,150,000
    Hospitality
    $2,470,000
    Educational
    $2,380,000
    Residential Income
    $2,295,000
    Energy
    $2,510,000
    Income-Based Land
    $2,765,000
    Food Service
    $2,640,000

Location Insight

  • Map
  • Local Demand
City
Frankfort
County
Will
State
Illinois
Longitude
-87.8039
Latitude
41.5059
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$42,788
$153,857
$296,098
$449,955
-
$461,571
$888,294
$1,349,865
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message