0 Lincoln HwyFrankfort, IL 60423

This exceptional 3.19-acre commercial land parcel, located at the northwest corner of 84th Ave. S. and West Lincoln Highway in Frankfort, Illinois (zip code 60423), is being offered via auction. Previously listed for over $350,000, the suggested opening bid is significantly lower at $185,000, presenting a compelling investment opportunity. Situated in Will County, this property boasts a prime location with high visibility and accessibility. The expansive lot offers considerable development potential. Preliminary plans suggest the possibility of constructing up to sixteen residential units, subject to necessary approvals. Alternatively, re-zoning could open avenues for various commercial ventures. The site's strategic positioning makes it potentially ideal for a restaurant with a drive-thru or a gas station, catering to the high traffic volume of the area. This auction presents a rare chance to acquire a substantial land holding in a thriving Illinois community at a fraction of its previous asking price. Detailed site plans and zoning information are available upon request. Don't miss this opportunity to secure a valuable asset in a desirable location.