This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/41
$510,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/41
Property Description
Highly visible lot on Lincoln Highway, in the heart of Frankfort. Expansive business area. The property is primarily land, With an existing structure that can be demolished. Ideal for a variety of developments-residential, commercial, or mixed-use. Great traffic counts, easy ingress and egress, and close to downtown Frankfort, I-80, and La Grange Rd, Offers significant frontage and development potential for the future.
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: 5/21/2026
- Added to Site: 275 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
- Zoning: OTHER
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
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 7825 W Lincoln Hwy
| 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
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
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
2025
$8,127
-12%
$107,282
—
2023
$9,277
—
$107,282
—
2022
$9,234
-1%
$107,282
—
2020
$9,318
1%
$107,282
—
2019
$9,267
1%
$107,282
—
2018
$9,218
—
$107,282
—
2017
$9,245
-1%
$107,282
—
2016
$9,299
-1%
$107,282
—
2015
$9,440
1%
$107,282
—
2014
$9,380
4%
$107,282
—
2013
$8,986
7%
$107,282
—
2012
$8,419
—
$107,282
—
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.

