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$610,000

  • Sold
  • Closed
  • Multi-Family
  • 7 Total Beds
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Wonderful Opportunity for a Rarely Available 3 unit in Frankfort, on just under an Acre of land. Property features spacious 1st floor and 2nd floor 3 bedroom units, and a cozy 1 bedroom unit on the 1st floor. The first floor 3 bedroom unit has access to the full unfinished basement, with plenty of room for storage, also a walkout basement. All units have separate front and back entrances, separate utilities, and washer/dryer hookups. The property has been nicely updated over the last couple of years and is move in ready, but being sold As-Is. Updated Kitchens with Stainless Appliances, Updated Baths, Flooring, Fixtures, Furnaces, Water Heaters, 2nd Floor A/C unit, Several Windows, Doors, and More. Great for Related Living or Rental Income. Note: Zoned R2. Owner is a Licensed Realtor.

Full Property Details for 8340 W Lincoln Hwy

General

  • Sold For: $610,000
  • Taxes: $12,586 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12454147
  • Added to Site: 147 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 7

Additional Information

  • Other Features: School Bus Service

Parking

  • Total Spaces: 6
  • Parking Features: On Site
  • Parking On-Site: Yes

Location

  • Area: Frankfort
  • County: Will
  • Driving Directions: Harlem Ave, West to address

School Information

  • School District: 161
  • Midd School District: 161

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Water: Well

Structural Information

  • Construction: Aluminum Siding
  • Exterior Const.: Aluminum Siding
  • Basement Desc.: Unfinished, Full, Walk-Out Access
  • Year Built: 1935
  • Built Before 1978: Yes
  • Remodeled/Updated: 2023

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size Range: .50 to .99 Acre
  • Lot Dimensions: 99 x 390 x 97 x 385

Financial Considerations

  • Assessment Year: 1935
  • Tax Amount: $12,586
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 1909232010400000

Listed by Infiniti Properties, Inc.
Sold by @properties Christie's International Real Estate

Listing agent

— 8340 W Lincoln Hwy —

  • Infiniti Properties, Inc.

Get Pre-Approved Today

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 8340 W Lincoln Hwy

School Districts:Summit Hill School District 161, Lincoln Way Community High School District 210
NameGradesDistance
Indian Trail Elementary School, Frankfort, IL
20912 South Frankfort Square Road, Frankfort, IL 60423
1-40.8 mi
Summit Hill Junior High School
7260 West North Avenue, Frankfort, IL 60423
7-81.4 mi
Lincoln-Way East High School
201 Colorado Avenue, Frankfort, IL 60423
9-121.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8340 W Lincoln Hwy

Date
Details
Price
Change
Source
10/24/2025
Sold
$610,000
1.84%
MLS
9/14/2025
Price Reduced
$599,000
-4.92%
MLS
8/24/2025
Listed
$630,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Infiniti Properties, Inc.
Sold by @properties Christie's International Real Estate

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8340 W Lincoln Highway, Frankfort, IL 60423 (MLS# 12454147) is a Multi-Family property that was sold at $610,000 on October 24, 2025. Want to learn more about 8340 W Lincoln Highway? Do you have questions about finding other Multi-Family real estate for sale in Frankfort? You can browse all Frankfort real estate or contact a Coldwell Banker agent to request more information.