Property profile

7825 Lincoln Hwy Frankfort, IL 60423

OFF-MARKET
Other commercial real estate
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Property ID
US28-0453343
4,050 SF 0.83 ac Built 1975
Last sale Jan 2026·$350,000
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

The property is a 0.8396-acre commercial land parcel in Frankfort with frontage on Lincoln Highway. The site includes an existing structure constructed in 1975 that may be demolished. The parcel is configured to support potential residential, commercial, or mixed-use development, subject to applicable governmental approvals and zoning requirements. Access is supported by convenient ingress and egress, and the site is located near downtown Frankfort as well as Interstate 80 and La Grange Road within an established business area with connections to nearby destinations.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$107k
Assessed land$54k
Assessed improvement$53k
Effective rate8.65%

Value estimate

· Nov 2026
$340k
$306k – $374k
AI approach$305k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$159/SF
ZIP average, outlier-cleaned · 64 recorded sales of this use type
Observed band · Q1–Q3$117 – $214
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWILL

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon13.6
Law Firm12.6
Restaurant12.4

Location

7825 Lincoln Hwy Frankfort, IL 60423-9324
County assessor Recorded deeds · 2 transfers 8 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Pacific, Frankfort, IL 60423 $80,000 Jun 2025 2,600 SF
19653 Edinburgh, Frankfort, IL 60423-6951 $1,550,000 Mar 2025 8,244 SF
7818 Lincoln, Frankfort, IL 60423-9401 $825,000 Feb 2025 4,779 SF
10235 Lincoln, Frankfort, IL 60423-1279 $675,000 Jan 2025 3,000 SF
460 Lincoln, Frankfort, IL 60423-1188 $525,000 Sep 2024 3,584 SF
9995 Lincoln, Frankfort, IL 60423-2031 $16,000 Feb 2024 6,300 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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