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Listing provided courtesy of @properties Christie's International Real EstateMREDas Distributed by MLSGrid- MLS# 12504918MLS Provider

9500 W Lincoln HighwayFrankfort, IL 60423

Commercial · 11,100 Sq. ft.
$3,100,000 Active

9500 W Lincoln Highway Overview

Time on Site:
245 days
Visits:
4

Exclusive opportunity awaits! This exceptional investment property would make an excellent addition to your portfolio. Conveniently located in a premier location of Frankfort with an extremely high traffic count and exposure. The building has excellent income production, is well maintained and has quality long-term tenants. Surrounded by well established businesses like Mariano's and Walgreens. Exclusive entrance with a parcel size of 1.07 acres. Other features include; 79 parking spaces, recently replaced furnaces, A/C systems, water heaters in all the units and a newer roof. This all brick building will exceed your expectations in this continuously growing community.

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9500 W Lincoln Highway Facts & Features

  • Type Commercial
  • Sq. ft. 11,100
  • Price/Sq.ft. $279

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Electric Expense: 2300
  • Gross Income: 284172
  • Insurance Expense: 6000
  • Net Operating Income: 289902
  • Operating Expense: 14300

Building Information

  • Year Built: 1986

Business Information

  • Business Type: Retail

Location/Region

  • County Or Parish: Will
  • MLS Area Major: Frankfort

Rent/Lease Information

  • Tenant Pays: All Utilities, Trash Collection

Tax Information

  • Tax Annual Amount: $16,870.40
  • Tax Year: 2024

General Information

  • Parcel Number: 1909221000660000
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 11100

General Information

  • Cooling: Central Air, Central Individual, Exhaust Fan
  • Electric: Circuit Breakers
  • Leasable Area: 0
  • Stories: 1

Unit Information

  • Unit SqFt.: 11100

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 175X383
  • Lot Size Square Feet: 45888

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 9

9500 W Lincoln Highway Neighborhood

Community

60423 (Frankfort) Demographics

43
Median Age
859
Population Density (per sq. mile)
54%
College Educated
$118,856
Estimated Median Income
9,728
Estimated Total Home Owners
750
Estimated Total Renters
93% / 7%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

9500 W Lincoln Highway Monthly Cost

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$ %
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Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

9500 W Lincoln Highway Market Data

Based on the last 30 days in this zip code

$656,031
Average List Price
$237
Average Price per Square Foot
44
Properties Sold
55
Average Days on Market
110
Properties for Sale
Calculations provided by Reliance Network

9500 W Lincoln Highway History

Date Event Value Agent
11/1/2025Source: MRED Status Change
Active
10/27/2025Source: MRED Added to Database
October 27, 2025