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    Frankfort Restaurant with Unique Features
    Updated: May 6, 2021
    Frankfort Restaurant with Unique Features

    10211 W Lincoln Hwy, Frankfort, IL 60423

    $1,600,000
    8,000 sqft
    High‑traffic location on Route 30 with over 20,000 vehicles passing daily.
    Large 6,800 sf free‑standing restaurant with two levels of dining, including a glass atrium and vaulted skylight ceiling.
    Fully equipped kitchen ready for immediate use.
    Located in a premier Frankfort community with strong demographics: 41,697 population, 14,125 households, and a median home value exceeding $300,000 within a 3‑mile radius.
    Convenient drive‑up window for phone orders.
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    This listing looks promising.

    Here's a quick look at some key insights for

    10211 W Lincoln Hwy, Frankfort, IL 60423

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    • Est. Cap Rate

      6%
      Above avg (5.9%)

    • Est. NOI

      $96K
      Annual

    • Mortgage

      $255K
      May 2016

    • Last Sold

      May 2016
      $300K

    • Property Type

      Commercial (General)
      Built 1999
    View Property Analytics
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Frankfort, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Prime Corner Parcel in Orland
    Prime Corner Parcel in Orland

    11200 183rd Street, Orland Park, IL 60467

    $449,500
    1.64 AC lot

    Highly visible 1.64-acre corner parcel suitable for various commercial uses.

    View details
    Restaurant Building on High-Traffic Corner
    Restaurant Building on High-Traffic Corner

    7200 W 191st St, Tinley Park, IL

    Contact for pricing
    5,795 sqft 1.90 AC lot

    5,795 SF restaurant on 1.9 acres near I-80.

    View details
    Prime Corner Lot Opportunity
    Prime Corner Lot Opportunity

    18301 Oak Park Avenue, Tinley Park, IL 60477

    $350,000
    0.70 AC lot

    Versatile commercial lot near Expo Center and Amphitheater.

    View details
    Commercial Property Near I-80 Access
    Commercial Property Near I-80 Access

    9601 W 179th Street, Orland Park, IL 60467

    $995,000
    1.11 AC lot

    Commercial property suitable for retail, office, medical, or restaurant use.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Frankfort Land for Mixed-Use Development
    Frankfort Land for Mixed-Use Development

    795 Center Road, Frankfort, IL 60423

    Contact for pricing
    11.00 AC lot

    Approximately 11 acres of land for mixed-use development.

    View details
    Mokena Corner Lot Opportunity
    Mokena Corner Lot Opportunity

    McGovney Street lot: 7 Block 3 Mcgovney, Mokena, IL 60448

    $135,000
    0.28 AC lot

    Prime commercial land in Mokena's Historic District.

    View details
    Mokena Commercial Land Opportunity
    Mokena Commercial Land Opportunity

    19099 Hickory Creek Drive, Mokena, IL 60448

    $50,000
    0.55 AC lot

    0.55 acres of commercial land in Mokena, Illinois.

    View details
    Frankfort Commercial Land For Sale
    Frankfort Commercial Land For Sale

    7825 W Lincoln Highway, Frankfort, IL 60423

    $510,000
    0.84 AC lot

    Highly visible commercial land in the heart of Frankfort, Illinois.

    View details

    Off-Market Properties in Frankfort, IL

    Consider similar Off-Market properties in Frankfort, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    19973-19991 La Grange Rd
    Restaurants

    19973-19991 La Grange Rd, Frankfort, IL 60423

    Value Estimation by Request
    View details
    19943-19959 La Grange Rd
    Restaurants

    19943-19959 La Grange Rd, Frankfort, IL 60423

    Value Estimation by Request
    15,531 sqft
    View details

    Frankfort, IL Restaurants Market Trends and Statistics

    Explore 3 restaurants for sale in Frankfort, IL on our real estate platform. These investment opportunities span a total of 8,000 square feet of properties for sale, with an estimated market value of $1,600,000.

    Sale prices for restaurant properties in Frankfort, IL start at $1,600,000, averaging $1,600,000, and reaching up to $1,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 2

    Demographics Overview

    Population 33K
    Population Growth (5Y) +6.1%
    Median Household Income $137,651
    College Educated 67.6%

    High-Yield Neighborhoods for Investment

    Identify Frankfort submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60423 $1.6M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Will County

    New Delisted

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