7905 W Lincoln Hwy - Restaurant FOR SALE


Frankfort, IL 60423
$1,350,000 USD
630-715-9999
7905 W Lincoln Hwy, Frankfort, IL for Sale
$1,350,000 USD
Restaurant - FOR SALE
1/2
null | Request Cap Rate

7905 W Lincoln Hwy
Frankfort, IL 60423


HIGHLIGHTS

  • Heavy traffic
  • Flex Use
  • Grandfathered Gaming
  • Sizable Lot
  • Possible Seller Financing

OVERVIEW

Recently updated 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. Bar, lounge and beer garden recently renovated and seller after decades of operations would now like to retire. 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 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!

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$169 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

2.76 AC

LAND SF

120,226 SF

ZONING

C2-2

APN/PARCEL ID

19-09-24-300-008

ASK ABOUT THIS PROPERTY

Theresa MuellerTrelleum LLCMore Info
630-715-9999

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Theresa MuellerTrelleum LLCMore Info
630-715-9999

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