10235 Lincoln Highway

    Frankfort, IL 60423
    • $825,000
    • STATUS: Active
    • ON SITE: 25 days
    • MLS #: 10708299
    UPDATED: 52 min ago
    $825,000
    • 0
      BEDS
    • Less Than .25 Acre
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,000
      SQFT
    • $275
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    FRANKFORT - PRIME RESTAURANT LOCATION - High Visibility -over 20,000 VPD on Rte. 30. Ample parking, the building is currently used as a Restaurant but could be utilized for Restaurant/Bar, Retail, Office, or Medical. Current business and equipment included in offering price. Liquor license in place, potential video gaming opportunity too. Full service kitchen, wood fired pizza oven, and large seating area. Great location and excellent business opportunity!

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2020-06-02T09:50:36.84 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    www.lewkepartners.com/homes/105631559

    10235 Lincoln Highway Frankfort, IL 60423

    • Price: $825,000
    • Status: Active
    • Updated: 52 min ago
    • MLS #: 10708299
    0
    Beds
    0
    Baths
    0
    ½ Baths
    Less Than .25 Acre
    Acres
    3,000
    SQFT
    $275
    $/SQFT
    Neighborhood:
    Frankfort
    County:
    Will
    Area:
    Frankfort
    Property Description
    FRANKFORT - PRIME RESTAURANT LOCATION - High Visibility -over 20,000 VPD on Rte. 30. Ample parking, the building is currently used as a Restaurant but could be utilized for Restaurant/Bar, Retail, Office, or Medical. Current business and equipment included in offering price. Liquor license in place, potential video gaming opportunity too. Full service kitchen, wood fired pizza oven, and large seating area. Great location and excellent business opportunity!
    Exterior Features

    Approx Land Sq Footage 3000 Construction Brick Frontage Access Us Highway Land Amenities Lighting/Exterior Location CornerPublic Transport AvailFree Standing/Urban Lot Dimensions 64 X 49 X 7 X 16 X 6 X 4 X 37 X 4 X 15 X 66 Lot Sq Ft 4252 Number Of Parking Spaces 20 Roof Coverings Shingle Composition Waterfront YN No

    Interior Features

    Air Conditioning Central Air Miscellaneous Inside Handicapped AccessHandicapped Equip Washroom/SPublic Restroom/S Number Of Stories 1 Outdoor Parking 19-30 Spaces

    Property Features

    Adj Net Inc Expense Source Actual Adjusted Net Income 0 Ann Rnt Expense Source Actual Annual Rent For Real Estate 0 Business Age 11+ Years Business Type Restaurant Corporate Limits Frankfort Cost Of Goods Expense Source Actual Cost Of Goods Sold 0 Cost Of Goods Year 2019 Current Use Commercial Electrical Service 201-600 Amps Food Beverage Type RestaurantPizza Parlor Gross Payroll 0 Gross Payroll Expense Source Actual Gross Payroll Year 2019 Gross Profit 0 Gross Profit Expense Source Actual Gross Profit Year 2019 Gross Sales Ann Expense Source Actual Gross Sales Ann Year 2019 Gross Sales Annual 0 Heat Ventilation Central Bldg Heat Inventory 0 Inventory Expense Source Actual Inventory Year 2019 Known Encumbrances None Known Lease Type N/A Living Quarters None Miscellaneous Outside Handicapped AccessPatioSecurity LightingTenant Signage Net Operating Income Year 2019 Net Profit 0 Net Profit Source Actual Number Of Emp Full Time 4 Number Of Emp Part Time 8 Possession Closing Potential Use CommercialLiquor LicenseOffice And Research Property Offered For Sale Only Proprietary Info Aerial MapCovenants/RestrictionsDemographicsFurniture/Fix/Equip ListLegal DescriptionProfit And Loss StatementTax BillTraffic CountsVendor List Real Estate Included YN Yes Seating Capacity 41-50 Tax Year 2018 Taxes 18658.5 Tenant Pays Air ConditioningCommon Area MaintenanceElectricHeatJanitorialReal Property TaxesInsuranceRepairs And MaintenanceRoofStructureWater/Sewer Total Op Exp Year 2019 Total Op Expense Source Actual Total Operating Expenses 0 Type Of Lease None Type Ownership Business Family Unincorporated YN No Utilities To Site Electric To SiteGas To SiteSanitary Sewer To SiteWater-Municipal Zoning Type Offic

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Mccolly Bennett Real Estate.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2020-06-02T09:50:36.84 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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