Seller Financing
Address
7818 W Lincoln Highway, Frankfort, IL
Price
$ 900,000
Property Attributes
  • MLS#11867636
  • TypeBusiness Op
  • CountyWILL
  • CityFrankfort
  • AreaFrankfort
  • Zip60423
  • StyleBar/Tavern/Lounge,Food & Beverage,Restaurant
  • Price$ 900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4779
  • Lot Size0.918274 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Opportunity on high traffic Route 30 built out 4700 SF building on an acre. Continue to run restaurants and sports bar (all equipment included) AND collect bank with grandfathered gaming machines or bring new concept to this hot location. BRING AN OFFER! * High traffic count Route 30 * Established turn-key business * Grandfathered gaming with $$$ revenue * Adaptable Floor Plan * Flexible use - C2 Zoning * Redevelopment potential * Sizable lot * Flex terms * Possible seller financing Contact LA for details.

Price History
8/24/2023 Listed $1,000,000
12/5/2023 10% - $900,000

General Features

Cooling Central Air
Possession Closing
Roof Rubber
Zoning COMMR
Construction Materials Brick,Wood Frame
Electric Service - 101 to 200 Amps
Tenant Pays Air Conditioning,Common Area Maintenance,Electricity,Heat,Janitorial Service
Stories 1
Tax Year 2022
Business Type Bar/Tavern/Lounge,Food & Beverage,Restaurant
County Will
Property Type Business Opportunity
Status Active
Directions HARLEM AVE (RT 43) TO LINCOLN HWY (RT 30) WEST APPROX 1 MILE. PROPERTY ON THE NORTH SIDE
City Frankfort
MLS Area Frankfort
Lot Size Square Feet 40000
Waterfront Y/N No
Street Name Lincoln
Additional Parcels Y/N No
Days on Market 112
Standard Status Active
Property Type Bus / Bus w/Real Est
Ownership Type Individual

Interior Features

Street Suffix Highway

Exterior Features

Building Area Total 4779
Lot Dimensions 400X100

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Business Op Average in 60423

Price
AVG $410K
$900K
Visits
AVG 68
158
Data Provided by Inside Real Estate®
Walkscore
AVG 44
44
Data Provided by Walkscore® not using MLS data