9500 W Lincoln Hwy - Storefront FOR SALE


Frankfort, IL 60423
$3,100,000 USD
708-951-1714
9500 W Lincoln Hwy, Frankfort, IL for Sale
$3,100,000 USD
Storefront - FOR SALE
1/8
null | 9.25% Cap Rate

9500 W Lincoln Hwy
Frankfort, IL 60423


HIGHLIGHTS

  • Prime Location with High Traffic Exposure
  • Strong Income Potential
  • Well-Maintained Building
  • Ample Parking and Exclusive Access

OVERVIEW

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. 100% leased. Current tenants; Sorriso Ristorante & Bar, Alsalam market, Currency Exchange, Advanced Aquatics, Mr. Barber and Perfect Nails.

FOR SALE DETAILS

PRICE

$3,100,000 USD

PRICE/SF

$276 USD /SF

CAP RATE

9.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

89

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

-

APN/PARCEL ID

09-22-100-066

ASK ABOUT THIS PROPERTY

Kanton Harzich@properties | Christie's International Real EstateMore Info
708-951-1714

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Kanton Harzich@properties | Christie's International Real EstateMore Info
708-951-1714

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.