9815 Laraway Road Frankfort, IL $ 849,900
9815 Laraway Road
$ 849,900
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9815 Laraway Road

Frankfort, IL, 60423
$ 849,900
Baths0.0

Monthly Estimate*

$ 5,302

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Studio

Farms/Ranches for sale in Frankfort, IL

for $849,900. The lot size is 21.

21 acres of prime Frankfort farmland with excellent potential for future industrial zoning. This property, located near the intersection of Laraway Road and Center Road, features a 2,500 sq. ft. heated warehouse equipped with two large overhead doors, ample parking, and two handicapped-accessible bathrooms with heated floors. The front acreage includes two outbuildings and elevated land, ready for immediate use. The property's layout is ideal for small businesses, offering great investment potential with significant upside for future development on the 21 acres towards the rear. Although a ComEd easement separates the back 11.25 acres, it remains accessible. The adjacent farm (MLS number 11982008) is also available for sale, offering an extra 35 acres along Laraway frontage and 20 acres south of the ComEd easement. This prime location provides easy access to I-57, LaGrange Road, and I-355, making it a strategic investment opportunity

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Farms/Ranches Active

Price

$ 849,900

Bedrooms

Studio

Property Type

Farms/Ranches

Taxes

$ 5,532

Style

Agricultural

Lot Size

21

Town/City

Frankfort

County/Region

Will

MLS | Web ID

12102577

Features
General
Sewer Septic Tank
Utilities Electricity Available
Possession Immediate
Zoning AGRIC
Township Frankfort
Tax Year 2022
Current Use Agricultural
Ownership Fee Simple
County Will
Property Type Farm Land
Possible Use Commercial Industrial
Other Structures Bldg/s No House
Status Active
Directions Laraway and Center Road West 1/2 mile to just west of the Com Ed wires on the south side of the street.
City Frankfort
High School District 157C
MLS Area Frankfort
Tax Annual Amount 5532
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 157C
Elementary School District 157C
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Exterior
Water Source Well
Total Parking 0
Lot Dimensions 651X1264
Lot Size Acres 21
Road Surface Type Asphalt
Frontage Length 651
Frontage Type Frontage Road
Waterfront Y/N N
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Interior
Total Baths 0
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* Excluded Features
List By
Coldwell Banker Realty

Broker

cgroebe61@gmail.com;cgroebe61@gmail.com

Email

Affordability Calculator

$5,763
Per Month
92%
8%
0%
Monthly Principal & Interest
$5,302
Monthly Property Taxes
$461
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
849686 Elementary School
849683 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/5/2024$849,900 Listed Price

Map


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9815 Laraway Road, Frankfort, IL, 60423 is a Farms/Ranches for sale at $849,900 with a lot size of 21. 9815 Laraway Road is a studio with 0.0 baths. The property's zip code is 60423 which is in Frankfort, IL