7825 W Lincoln Highway, Frankfort, IL 60423 - Photo 1

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$510,000 -$10,000 (-1.92%) Price Reduced

For Sale
Active
Commercial
4,050 Sq. Ft.
Updated 7 hours ago

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Property Description

Highly visible commercial lot on Lincoln Highway in the heart of Frankfort's expanding business area. Excellent opportunity for investors or builders ideal for retail, restaurant, or multi-unit commercial development. Great traffic counts, Easy ingress/egress, and close proximity to downtown Frankfort, I-80, and La Grange Rd. Property offers significant frontage and development potential.

Full Property Details

Full Property Details for 7825 W Lincoln Hwy

General

Price: $510,000
Taxes: $8,556 (2024)
Status: Active
Type: Commercial
Source: MRED
MLS ID: 12494417
Updated: 4/7/2026
Added to Site: 177 day(s) ago

Location

Area: Frankfort
County: Will
Township: Frankfort
Driving Directions: 80 to Harlem south to Lin Hwy(30) or take 90/94 South onto interstate 57 south to Lincoln

Heating & Cooling

Cooling Type: None
Heating Type: None

Structural Information

Stories/Levels: 1
Square Feet: 4,050
Year Built: 1975

Lot Features

Lot Size (Sq. Ft.): 36,575
Lot Dimensions: 95 x 385

Financial Considerations

For Sale/Rent/Lease: For Sale Only
Assessment Year: 1975
Tax Amount: $8,556
Tax Year: 2024

Disclosures and Reports

Property ID: 1909243010040000

Listed by Luna Realty Group

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— 7825 W Lincoln Hwy —

Luna Realty Group
Luna Realty Group

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Schools

Schools serving 7825 W Lincoln Hwy

School Districts:Summit Hill School District 161, Lincoln Way Community High School District 210

Name	Grades	Distance
Indian Trail Elementary School, Frankfort, IL 20912 South Frankfort Square Road, Frankfort, IL 60423	1-4	0.3 mi
Summit Hill Junior High School 7260 West North Avenue, Frankfort, IL 60423	7-8	0.9 mi
Lincoln-Way East High School 201 Colorado Avenue, Frankfort, IL 60423	9-12	2.4 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7825 W Lincoln Hwy Get Price Alerts and Save Property

Date

Details

Price

Change

Source

4/07/2026

Price Reduced

$510,000

-1.92%

MLS

2/01/2026

Price Reduced

$520,000

48.57%

MLS

12/30/2025

Sold

$350,000

-36.36%

Public Record

10/13/2025

Listed

$550,000

—

MLS

Get Price Alerts and Save Property

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 7825 W Lincoln Hwy

Year

Property Taxes

Change

Tax Assessment

Change

2024

$8,556

-8%

$107,282

—

2023

$9,277

—

$107,282

—

2022

$9,234

-1%

$107,282

—

2020

$9,318

$107,282

—

2019

$9,267

$107,282

—

2018

$9,218

—

$107,282

—

2017

$9,245

-1%

$107,282

—

2016

$9,299

-1%

$107,282

—

2015

$9,440

$107,282

—

2014

$9,380

$107,282

—

2013

$8,986

$107,282

—

2012

$8,419

—

$107,282

—

View All

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 7825 W Lincoln Hwy

7825 W Lincoln Highway, Frankfort, IL 60423 (MLS# 12494417) is a Commercial property. 7825 W Lincoln Highway is currently listed for $510,000 and was received on October 13, 2025. Want to learn more about 7825 W Lincoln Highway? Do you have questions about finding other Commercial real estate for sale in Frankfort? You can browse all Frankfort real estate or contact a Coldwell Banker agent to request more information.

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7825 W Lincoln Hwy Frankfort, IL 60423