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9500 W Lincoln Highway Frankfort, IL $ 3,150,000
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$ 3,150,000 Get more info
9500 W Lincoln Highway
$ 3,150,000
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9500 W Lincoln Highway

Frankfort, IL, 60423
$ 3,150,000
Baths0.0 Sq 11,100

Monthly Estimate*

$ 20,936

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Studio

Commercial Property for sale in Frankfort, IL

for $3,150,000. This 11,100 square foot building was built in 1986 on a lot size of 1.05344.

Exclusive opportunity awaits! This exceptional investment property would make an excellent addition to your portfolio. Conveniently located in a premier location of Frankfort with an extremely high traffic count and exposure. The building has excellent income production, is well maintained and has quality long-term tenants. Surrounded by well established businesses like Mariano's and Walgreens. Exclusive entrance with a parcel size of 1.07 acres. Other features include; 79 parking spaces, recently replaced furnaces, A/C systems, water heaters in all the units and a newer roof. This all brick building will exceed your expectations in this continuously growing community.

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Commercial Active

Price

$ 3,150,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 18,070

Style

Lot Size

1.05344

Year Built

1986

Town/City

Frankfort

County/Region

Will

MLS | Web ID

12009354
Features
General
Cooling Central Air Central Individual Exhaust Fan
Zoning COMMR
Construction Materials Brick
Year Built 1986
Electric Circuit Breakers
Stories 1
Property SubType Strip Center
Tax Year 2022
Gross Income 284172
County Will
Net Operating Income 251801
Operating Expense 14300
Insurance Expense 6000
Property Type Commercial Sale Retail/Stores
Status Active
Directions South on LaGrange Rd to Lincoln HWY go East and property will be on North side
City Frankfort
NumberOfUnitsTotal 9
MLS Area Frankfort
Lot Size Square Feet 45888
Street Name Lincoln
Tax Annual Amount 18070.7
Electric Expense 2300
Additional Parcels Y/N N
Leasable Area 0
Days on Market 8
Standard Status Active
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Exterior
Building Area Total 11100
Lot Dimensions 175X383
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Interior
Street Suffix Highway
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* Excluded Features
List By
@Properties Christie's International Real Estate

Broker

harzichK@gmail.com

Email

Affordability Calculator

$22,442
Per Month
93%
7%
0%
Monthly Principal & Interest
$20,936
Monthly Property Taxes
$1,506
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/20/2024$3,150,000 Listed Price

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9500 W Lincoln Highway, Frankfort, IL, 60423 is a Commercial Property for sale at $3,150,000 with 11,100 sqft and a lot size of 1.05344. 9500 W Lincoln Highway is a studio with 0.0 baths and was built in 1986. The property's zip code is 60423 which is in Frankfort, IL

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