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$1,500,000
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Property Description
Welcome to 7905 West Lincoln Highway, where an incredible opportunity awaits! Nestled in a prime corner location, this property boasts a thriving Night Club & Bar setup, complete with liquor licenses and coveted grandfathered Gaming Licenses. Key Features: *High Traffic Location: Situated on the bustling Route 30, ensuring a steady flow of customers. *Grandfathered Gaming: Enjoy consistent $$$ revenue streams from gaming activities. *Adaptable Floor Plan: The space offers versatility for various business concepts. *Flexible Use - C2 Zoning: Explore a range of possibilities for business operations. *Redevelopment Potential: With a sizable lot and flexible terms, envision the future of this property. *Bonus Outdoor Patio/Beer Garden: Perfect for patrons to enjoy the ambiance outdoors. *Parking Convenience: Accommodate up to 60 cars with ease, ensuring accessibility for customers. The seller is in the process of renovating the entire space and is motivated to sell due to retirement plans. Whether you're interested in taking over the existing business with equipment or embarking on a redevelopment project, this property offers endless potential. Details: Address: 7905 West Lincoln Highway Status: Renovation almost complete Lot Size: Generously sized to accommodate various ventures Contact: Reach out to the listing agent for further details and to seize this lucrative opportunity Don't miss out on this chance to own a prime piece of real estate in a high-traffic area. Act now and make an offer today!
Full Property Details
Full Property Details for 7905 W Lincoln Hwy
General
- Price: $1,500,000
- Taxes: $22,598 (2024)
- Status: Active
- Type: Business
- Source: MRED
- MLS ID: 12523489
- Updated: 8/23/2026
- Added to Site: 278 day(s) ago
Business
- Business Type: Bar/Tavern/Lounge, Food & Beverage
- Years in Business: Less than
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
Lot Features
- Lot Size (Sq. Ft.): 75,000
- Lot Size Range: 1.0 to 1.99 Acres
- Lot Dimensions: 375 x 200
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $1
- Tax Amount: $22,598
- Tax Year: 2024
Disclosures and Reports
- Property ID: 1909243000080000
Listed by Trelleum LLC
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Schools
Schools serving 7905 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 | 1 mi |
Lincoln-Way East High School 201 Colorado Avenue, Frankfort, IL 60423 | 9-12 | 2.3 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 7905 W Lincoln Hwy
Date
Details
Price
Change
Source
7/12/2026
Price Increased
$1,500,000
11.11%
MLS
11/24/2025
Listed
$1,350,000
—
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
2025
$19,890
-12%
$262,560
—
2023
$22,703
—
$262,560
—
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# 12523489) is a Business property. 7905 W Lincoln Highway is currently listed for $1,500,000 and was received on November 24, 2025. Want to learn more about 7905 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.

