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7905 W Lincoln Highway, Frankfort, IL 60423
$779,000
7905 W Lincoln Highway, Frankfort, IL 60423View this property at 7905 W Lincoln Highway, Frankfort, IL 60423
7905 W Lincoln HighwayFrankfortIL60423
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Property Description
Opportunity on high traffic corner with acreage. Continue to run bar and lounge (all equipment with commercial kitchen included) AND collect bank with grandfathered gaming machines or bring new concept to this hot location. BRING AN OFFER! * High traffic count Route 30 * 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 7905 W Lincoln Hwy
General
- Price: $779,000
- Taxes: $22,598 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 11869881
- Updated: 3/9/2024
- Added to Site: 249 day(s) ago
Additional Information
- Security/Safety: Alarm on Site, Fire Extinguisher(s)
Location
- Area: Frankfort
- County: Will
- Driving Directions: take90/94expressways to !-57 south Lincoln Hw& west to property
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Stories/Levels: 1
- Square Feet: 6,700
- Year Built: 1975
Lot Features
- Lot Size (Sq. Ft.): 75,000
- Lot Dimensions: 375 x 200
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Alarm On Site, Fire Extinguisher/s
- Assessment Year: 1975
- Tax Amount: $22,598
- Tax Year: 2022
Disclosures and Reports
- Property ID: 1909243000080000
Listed by Trelleum LLC
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Schools
Schools serving 7905 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 | 0.3 mi | |
7260 W North Ave, Frankfort, IL 60423 | 7-8 | 0.9 mi | |
201 Colorado Ave, Frankfort, IL 60423 | 9-12 | 2.5 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 7905 W Lincoln Hwy
Date
Details
Price
Change
Source
3/03/2024
Price Reduced
$779,000
-8.35%
MLS
8/24/2023
Listed
$850,000
—
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 7905 W Lincoln Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2022
$22,598
-1%
$262,560
—
2020
$22,805
1%
$262,560
—
2019
$22,679
64%
$262,560
63%
2018
$13,861
-39%
$161,323
-39%
2017
$22,885
-1%
$265,560
—
2016
$23,018
-1%
$265,560
—
2015
$23,366
1%
$265,560
—
2014
$23,218
4%
$265,560
—
2013
$22,244
7%
$265,560
—
2012
$20,841
—
$265,560
—
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 7905 W Lincoln Hwy
7905 W Lincoln Highway, Frankfort, IL 60423 (MLS# 11869881) is a Commercial property. 7905 W Lincoln Highway is currently listed for $779,000 and was received on August 24, 2023. Want to learn more about 7905 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.