7777 Lincoln Hwy Frankfort, IL 60423
- Commercial real estate
- 13,706 SF
- 2.11 lot acres
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
-
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