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10043 Lincoln Hwy

24,125 SF 100% Leased Office Building Frankfort, IL 60423 $3,550,000 ($147/SF)

Investment Highlights

  • Great highly visible location.
  • Ample Parking on all sides.
  • Nestled among several established medical facilities.
  • Fantastic Signage Availability.
  • Newly added HVAC units in 2023.
  • LOW Will County RE Taxes!

Executive Summary

This standout medical office building is ideally situated in a highly visible and convenient location just off Rt. 30, west of LaGrange Road in Frankfort. Nestled among several established medical facilities, it benefits from exceptional exposure and accessibility to I-80 and I-57. This Medical office building is composed of 3 levels with a total of 24,125 SF. The entire 1st floor (8,782 SF) is occupied by a strong national tenant with 5+ years left on their lease. The 2nd Floor: 3,395 SF -6,790 SF & LL 8,782 sf are available. Some recent improvements include a New Roof 2021, NEW parking lot 2022, and new HVAC units 2023. This building offers plenty of parking and Great Signage availability. Seize the opportunity to establish your practice in this top-tier location! Rental rates $18/sf - $26/sf MG

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
24,125 SF
Building Class
B
Year Built
1993
Price
$3,550,000
Price Per SF
$147
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
8,042 SF
Building FAR
0.32
Land Acres
1.73 AC
Zoning
C-5, Frankfort - Commercial. Confirm all Zoning with the Village.

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • Lower Level-Ste LL
  • 8,782 SF
  • Office/Medical
  • Full Build-Out
  • 30 Days

Lower Level medical space or office available with private bathrooms.

  • 2nd Fl-Ste Suite 200
  • 3,395-6,790 SF
  • Office/Medical
  • Full Build-Out
  • 30 Days

Space was previously used as a medical office with several exams with plumbing already in place, reception area, waiting area, nurses station and several private bathrooms.

Space Size Space Use Condition Available
Lower Level-Ste LL 8,782 SF Office/Medical Full Build-Out 30 Days
2nd Fl-Ste Suite 200 3,395-6,790 SF Office/Medical Full Build-Out 30 Days

Lower Level-Ste LL

Size
8,782 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
30 Days

2nd Fl-Ste Suite 200

Size
3,395-6,790 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
30 Days

Lower Level-Ste LL

Size 8,782 SF
Space Use Office/Medical
Condition Full Build-Out
Available 30 Days

Lower Level medical space or office available with private bathrooms.

2nd Fl-Ste Suite 200

Size 3,395-6,790 SF
Space Use Office/Medical
Condition Full Build-Out
Available 30 Days

Space was previously used as a medical office with several exams with plumbing already in place, reception area, waiting area, nurses station and several private bathrooms.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-21-307-004
Land Assessment
$271,382
Improvements Assessment
$638,757
Total Assessment
$910,139
  • Listing ID: 33013956

  • Date on Market: 8/30/2024

  • Last Updated:

  • Address: 10043 Lincoln Hwy, Frankfort, IL 60423

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