1 Old Frankfort Way # 1-5 Frankfort, IL ^$ 839,000

1 Old Frankfort Way # 1-5

^$ 839,000

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1 Old Frankfort Way # 1-5

Frankfort, IL, 60423

^$ 839,000

Bedrooms-- Baths-- Sq 2,688

Monthly Estimate*

^$ 5,166

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Commercial Property for sale in Frankfort, IL

for $839,000. This 2,688 square foot building was built in 2005 on a lot size of 0.414118.

Amazing Opportunity! Double unit END CAP in the heart of the Historic District of Downtown Frankfort! 2 entrances in front of unit & 2 entrances in rear of unit. Spanning nearly 2,700 Sq Ft of stunning build out! Gorgeous high end finishes through out! Buildout consists of 2 bathrooms, Conference room, Reception area, Kitchenette & 6 offices. Floor plan included in photos. Ample parking & beautiful courtyard! Endless opportunities to either: Operate your entire business, Operate out of South end & rent private office suites on North end, Or purchase solely as investment. Walk to everything Downtown Frankfort has to offer! High traffic area W amazing end cap exposure on White Street! Come see today!

Commercial Active

Price

^$ 839,000

Property Type

Commercial

Taxes

^$ 9,789

Style

Medical/Dental

Lot Size

0.414118

Year Built

2005

Town/City

Frankfort

County/Region

Will

MLS | Web ID

12526363

Features

General

Cooling Central Air Zoned

Construction Materials Brick

Year Built 2005

Electric Circuit Breakers

Stories Count 1

Township Frankfort

Unit Number 1-5

Tax Year 2024

Current Use Medical/Dental

Gross Income 0

County Will

Net Operating Income 0

Operating Expense 0

Property Type Commercial Sale Office/Tech

Possible Use Office Retail

Status Active

Directions LaGrange Rd to Old Frankfort Way South to Address. End cap unit on East Side of Building

City Frankfort

Number Of Units Total 2

MLS Area Frankfort

Lot Size Square Feet 18039

Tax Annual Amount 9789

Additional Parcels Y/N Y

Leasable Area 0

Standard Status Active

Exterior

Foundation Details Concrete Perimeter

Building Area Total 2688

Lot Dimensions Common

Frontage Type City Street Public Road

* Excluded Features

List By

Morandi Properties, Inc

Broker

ray@morandiproperties.com

Affordability Calculator

$5,982

Per Month

Monthly Principal & Interest: $5,166
Monthly Property Taxes: $816
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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

Trends
Schools

Commerical listings in Frankfort, IL

Average List Price ^$1,162,600

Percent of Sale Price 39%

About Frankfort, IL

18,979 Population

74% Since 2002

^$108,814 Median Income

43.78 Median Age

37% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/2/2025	$839,000		Listed Price

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1 Old Frankfort Way # 1-5, Frankfort, IL, 60423 is a Commercial Property for sale at $839,000 with 2,688 sqft and a lot size of 0.414118. 1 Old Frankfort Way # 1-5 was built in 2005. The property's zip code is 60423 which is in Frankfort, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 1/28/2026.

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1 Old Frankfort Way # 1-5

Commercial Property for sale in Frankfort, IL

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