Listing provided courtesy of Trelleum LLCMREDas Distributed by MLSGrid- MLS# 12523489
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Request Info7905 W Lincoln HighwayFrankfort, IL 60423
Commercial · 6,700 Sq. ft.$1,350,000
Active
7905 W Lincoln Highway Overview
- Time on Site:
- 217 days
- Visits:
- 6
Welcome to 7905 West Lincoln Highway, where an incredible opportunity awaits! Nestled in a prime corner location, this property boasts a thriving Night Club & Bar setup, complete with liquor licenses and coveted grandfathered Gaming Licenses. Key Features: *High Traffic Location: Situated on the bustling Route 30, ensuring a steady flow of customers. *Grandfathered Gaming: Enjoy consistent $$$ revenue streams from gaming activities. *Adaptable Floor Plan: The space offers versatility for various business concepts. *Flexible Use - C2 Zoning: Explore a range of possibilities for business operations. *Redevelopment Potential: With a sizable lot and flexible terms, envision the future of this property. *Bonus Outdoor Patio/Beer Garden: Perfect for patrons to enjoy the ambiance outdoors. *Parking Convenience: Accommodate up to 60 cars with ease, ensuring accessibility for customers. The seller is in the process of renovating the entire space and is motivated to sell due to retirement plans. Whether you're interested in taking over the existing business with equipment or embarking on a redevelopment project, this property offers endless potential. Details: Address: 7905 West Lincoln Highway Status: Renovation almost complete Lot Size: Generously sized to accommodate various ventures Contact: Reach out to the listing agent for further details and to seize this lucrative opportunity Don't miss out on this chance to own a prime piece of real estate in a high-traffic area. Act now and make an offer today!
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7905 W Lincoln Highway Facts & Features
- Type Commercial
- Sq. ft. 6,700
- Price/Sq.ft. $201
Details
General
Income/Expenses
- Operating Expense: 1
Business Information
- Business Type: Bar/Tavern/Lounge,Food & Beverage
Location/Region
- County Or Parish: Will
- MLS Area Major: Frankfort
Rent/Lease Information
- Tenant Pays: Other
Tax Information
- Tax Annual Amount: $22,598.00
- Tax Year: 2024
General Information
- Parcel Number: 1909243000080000
- Property Type: Business Opportunity
- Zoning: COMMR
Interior
Building Interior
- Building Area Total: 6700
General Information
- Cooling: Central Air
- Stories: 1
Unit Information
- Unit SqFt.: 6700
Exterior
Lot Information
- Additional Parcels: No
- Lot Size Dimensions: 375X200
- Lot Size Square Feet: 75000
7905 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
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.7905 W Lincoln Highway Monthly Cost
7905 W Lincoln Highway Market Data
Based on the last 30 days in this zip code
$654,282
Average List Price
$236
Average Price per Square Foot
44
Properties Sold
51
Average Days on Market
114
Properties for Sale
7905 W Lincoln Highway History
| Date | Value | Agent |
|---|---|---|
| 11/29/2025Source: MRED | Active |
|
| 11/24/2025Source: MRED | November 24, 2025 |