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7805-7821 W Lincoln Highway

Frankfort, IL 60423
  • $1,350,000
  • STATUS: Active
  • ON SITE: 177 Days
  • MLS #: 12434520
Price Reduced
UPDATED: 37 min ago
$1,350,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1970
County:
Area:

School Ratings & Info

Description

Cash-flowing strip center for sale on a high-traffic main street location with excellent visibility and access. This fully leased, multi-tenant retail property features a diverse mix of established businesses under long-term leases, offering stable income and minimal turnover. Ideal for investors seeking a turnkey opportunity. This neighborhood shopping center benefits from strong demographics, and prime frontage (corner) in a thriving area. Don't miss this rare chance to acquire a well-maintained, income-producing strip plaza with value-add potential and broad appeal.

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© 2026 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 2026-01-25T03:13:16.857 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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7805-7821 W Lincoln Highway Frankfort, IL 60423

  • Price: $1,350,000
  • Status: Active
  • On Site: 177 Days
  • Updated: 37 min ago
  • MLS #: 12434520
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1970
Built
Neighborhood:
Will
County:
Will
Area:
Will
Property Description
Cash-flowing strip center for sale on a high-traffic main street location with excellent visibility and access. This fully leased, multi-tenant retail property features a diverse mix of established businesses under long-term leases, offering stable income and minimal turnover. Ideal for investors seeking a turnkey opportunity. This neighborhood shopping center benefits from strong demographics, and prime frontage (corner) in a thriving area. Don't miss this rare chance to acquire a well-maintained, income-producing strip plaza with value-add potential and broad appeal.
Exterior Features

Foundation Details Concrete Perimeter Frontage Type City StreetFrontage RoadPaved Outdoor Parking 51-100 Spaces Roof Structure Flat

Interior Features

Cooling Central Air Heat Ventilation Forced AirGas Number Of TLDocks 0

Property Features

Additional Parcels YN Yes Association Fee Frequency Not Applicable Building Area Total 8402 Business Type Retail Current Use Commercial Electric Circuit Breakers Fire Protection Other Gross Income 176400 Gross Scheduled Income 176400 Insurance Expense 7656 Leasable Area 0 Location High Traffic Area Mls Actual Status Active Net Operating Income 103911 Number Of Tenants 6 Operating Expense 40507 Property Offered For Sale Only Tax Annual Amount 29014.56 Tax Year 2024 Tenant Pays Air ConditioningElectricityHeatRepairsScavengerSewerVaries by Tenant Total Monthly Income 14700 Township Frankfort Type Retail/Stores Utilities Electric to SiteNatural Gas AvailableSewer ConnectedWater Available Water Source Community Water Zoning COMMR

Listing information © 2026 Midwest Real Estate Data LLC.
Listing provided courtesy of HomeSmart Realty Group: 708-320-0002.


© 2026 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 2026-01-25T03:13:16.857 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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