This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/26
7818 W Lincoln Highway, Frankfort, IL 60423
$900,000
7818 W Lincoln Highway, Frankfort, IL 60423View this property at 7818 W Lincoln Highway, Frankfort, IL 60423
7818 W Lincoln HighwayFrankfortIL60423
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/26
Property Description
Opportunity on high traffic Route 30 built out 4700 SF building on an acre. Continue to run restaurants and sports bar (all equipment included) AND collect bank with grandfathered gaming machines or bring new concept to this hot location. BRING AN OFFER! * High traffic count Route 30 * Established turn-key business * Grandfathered gaming with $$$ revenue * Adaptable Floor Plan * Flexible use - C2 Zoning * Redevelopment potential * Sizable lot * Flex terms * Possible seller financing Contact LA for details.
Full Property Details
Full Property Details for 7818 W Lincoln Hwy
General
- Price: $900,000
- Taxes: (2022)
- Status: Active
- Type: Business
- MLS ID: 11867636
- Updated: 3/29/2024
- Added to Site: 252 day(s) ago
Business
- Business Type: Bar/Tavern/Lounge, Food & Beverage, Restaurant
- Years in Business: 11 or More
Parking
- Parking Features: 51 to 100 Spaces
Location
- Area: Frankfort
- County: Will
- Driving Directions: HARLEM AVE (RT 43) TO LINCOLN HWY (RT 30) WEST APPROX 1 MILE. PROPERTY ON THE NORTH SIDE
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat
Structural Information
- Construction: Brick, Wood Frame
- Roof: Rubber
- Stories/Levels: 1
- Square Feet: 4,779
Lot Features
- Lot Size (Sq. Ft.): 40,000
- Lot Size Range: .50 to .99 Acre
- Lot Dimensions: 400 x 100
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Year: 2022
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service
Disclosures and Reports
- Ownership: Individual
- Property ID: 1909241000350000
Listed by Trelleum LLC
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 7818 W Lincoln Hwy
School Districts:Summit Hill School District 161, Lincoln Way Community High School District 210
Rating | Name | Grades | Distance |
---|---|---|---|
20912 S Frankfort Square Rd, Frankfort, IL 60423 | 1-4 | 0.2 mi | |
7260 W North Ave, Frankfort, IL 60423 | 7-8 | 0.8 mi | |
201 Colorado Ave, Frankfort, IL 60423 | 9-12 | 2.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7818 W Lincoln Hwy
Date
Details
Price
Change
Source
12/04/2023
Price Reduced
$900,000
-10%
MLS
8/22/2023
Listed
$1,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7818 W Lincoln Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2022
$12,985
-2%
$142,217
—
2020
$13,260
1%
$142,217
—
2019
$13,194
1%
$142,217
—
2018
$13,112
—
$142,217
—
2017
$13,164
-1%
$142,217
—
2016
$13,242
-2%
$142,217
—
2015
$13,466
1%
$142,217
—
2014
$13,366
4%
$142,217
—
2013
$12,804
7%
$142,217
—
2012
$11,992
—
$142,217
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7818 W Lincoln Hwy
7818 W Lincoln Highway, Frankfort, IL 60423 (MLS# 11867636) is a Business property. 7818 W Lincoln Highway is currently listed for $900,000 and was received on August 22, 2023. Want to learn more about 7818 W Lincoln Highway? Do you have questions about finding other Business real estate for sale in Frankfort? You can browse all Frankfort real estate or contact a Coldwell Banker agent to request more information.