Advertise
    Frankfort, IL
    Restaurants

    Frankfort, IL Restaurants for Sale

    Notify Me
    List
    Map
    Matteson, IL Mokena, IL New Lenox, IL Tinley Park, IL Orland Park, IL Monee, IL Richton Park, IL University Park, IL
    Nightclub and Bar with Outdoor Patio
    Updated: Aug 25
    Nightclub and Bar with Outdoor Patio

    7905 W Lincoln Hwy, Frankfort, IL 60423

    $1,500,000
    6,700 sqft
    6,700‑square‑foot nightclub and bar property at 7905 W Lincoln Hwy
    Grandfathered gaming licenses and liquor licenses included
    C2 zoning supports a range of business operations
    Outdoor patio or beer garden adds exterior patron space
    On‑site parking for up to 60 cars
    View details
    Breakfast & Diner Business with Patio
    Updated: Apr 11
    Breakfast & Diner Business with Patio

    11 South White Street, Frankfort, IL 60423

    Contact for pricing
    Indoor seating capacity for 50 guests
    Patio and courtyard accommodate 40+ additional guests
    Business sale includes trade fixtures, furnishings, and a liquor license
    Located in the Trolley Barn in Downtown Frankfort
    Access from three sides with parking available
    View details
    Frankfort Restaurant with Unique Features
    Frankfort Restaurant with Unique Features

    10211 W Lincoln Hwy, Frankfort, IL 60423

    Contact for pricing
    8,000 sqft

    Two-story restaurant with atrium, skylight, and drive-up window.

    View details
    See what stands out in Will County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 3 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.

    Arby’s Drive-Through Restaurant
    Arby’s Drive-Through Restaurant

    7220 W 191st St, Tinley Park, IL 60487

    Contact for pricing
    2,650 sqft

    Freestanding quick-service restaurant with dedicated drive-through operations and an absolute NNN lease structure.

    View details
    Freestanding Drive-Through Restaurant
    Freestanding Drive-Through Restaurant

    9610 191ST ST, Mokena, IL 60448

    Contact for pricing
    6,000 sqft

    Corner-site restaurant with a large patio, established drive-through operation, and prominent regional highway access.

    View details
    New 7-Brew Investment Property
    New 7-Brew Investment Property

    11385 W Lincoln Hwy, Mokena, IL 60448

    Contact for pricing
    510 sqft

    Newly built, freestanding 7-Brew in Mokena, Illinois for sale.

    View details
    Corner Restaurant Property
    Corner Restaurant Property

    18301 Oak Park Avenue, Tinley Park, IL 60477

    $350,000
    0.70 AC lot

    Existing restaurant and bar improvements sit on a nearly seven-tenths-acre parcel with central air and metal roofing.

    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
    Lincoln Highway Commercial Land
    Lincoln Highway Commercial Land

    7825 W Lincoln Highway, Frankfort, IL 60423

    $510,000
    0.84 AC lot

    Development site with an existing structure and convenient ingress and egress.

    View details
    Commercial Land Near Metra
    Commercial Land Near Metra

    19099 Hickory Creek Drive, Mokena, IL 60448

    $50,000
    0.55 AC lot

    A compact commercial parcel with water available and direct access to established regional transportation connections.

    View details
    Commercial Land Corner Lot
    Commercial Land Corner Lot

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

    $135,000
    0.28 AC lot

    Vacant commercial parcel with Wolf Road exposure, water available, and proximity to Mokena’s downtown train station.

    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 5 restaurants for sale in Frankfort, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 14,700 square feet of properties for sale, with an estimated market value of $1,500,000.

    Sale prices for restaurant properties in Frankfort, IL average $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 3
    Bars & Pubs 1
    Breakfast & diners 1

    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 $1.5M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Will County

    New Delisted

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Restaurants for Sale Near Frankfort, IL

    Popular Searches in Frankfort, IL

    Popular Categories

    Most Searched ZIP Codes in Frankfort, IL

    • 60423

    Featured Frankfort Real Estate Agencies

    Realmo connects you with licensed Frankfort CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Village Realty
    20950 S. Frankfort Square Rd, Unit C Frankfort, IL 60423
    Phone: 17084781212
    vrsrealty.com

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!