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7837 W Lincoln Highway Frankfort, IL 60423 Commercial - Business Active

  • 7837 W Lincoln Highway, Frankfort, IL 60423 Main Photo

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Description

An exceptional investment and redevelopment opportunity awaits in the heart of highly sought-after Frankfort, Illinois. This beautifully maintained 5,485-square-foot commercial property offers the perfect combination of modern design, functionality, and endless possibilities. Currently operating as a church, the versatile layout lends itself to a variety of future uses, subject to local zoning and municipal approval. The spacious interior features a bright, open floor plan highlighted by an expansive sanctuary with soaring ceilings and abundant natural light, creating an inviting atmosphere for large gatherings. Multiple entrances provide convenience, accessibility, and flexibility for a variety of operations, while the full basement offers valuable additional space for offices, classrooms, meeting rooms, storage, or future expansion. The property also benefits from a newer HVAC system, providing added peace of mind for its next owner. Outside, an expansive parking lot offers ample parking for guests, employees, or clients, making the property well-suited for organizations and businesses of many sizes. Ideally located in one of the Chicago area's most desirable communities, this property is just minutes from downtown Frankfort's vibrant shopping, dining, and local amenities, with convenient access to major roadways and surrounding suburbs. Whether you're envisioning a place of worship, professional offices, a community center, educational facility, medical or wellness practice, event venue, or another permitted commercial use, this property presents an outstanding opportunity to bring your vision to life in a premier location. Don't miss this rare chance to own a distinctive commercial property with exceptional flexibility in one of the region's most desirable markets.

Property Highlights

Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1988

General Information

County: Will
Listed By:
Pinkney Realty Group 773-592-5898
MRED MLS
$699,000
Est. $4,712/mo
Active
MLS#12711372
STATUSActive PROPERTY TYPECommercial - Business

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Ruhl&Ruhl Realtors
563.441.1776

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7837 W Lincoln Highway, Frankfort, IL 60423.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $699,000$699,000$699,000
Down Payment $139,800$24,465$174,750
Monthly Mortgage Amount $3,535$4,282$4,389
Taxes $973$973$973
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$308$0
Monthly Estimated Total $4,712$5,767$5,566

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