11240 W Laraway Road Frankfort, IL ^$ 3,950,000

11240 W Laraway Road

^$ 3,950,000

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11240 W Laraway Road

Frankfort, IL, 60423

^$ 3,950,000

Bedrooms-- Baths-- Sq 4,800

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Property for Rent in Frankfort, IL

for $3,950,000. This 4,800 square foot property was built in 2024 on a lot size of 0.819995.

Exceptional opportunity to lease a 4,800 SF turn-key medical/wellness building completed in 2024. Currently operating as a premier med-spa, this free-standing property features a sophisticated build-out ideal for medical, dental, or aesthetic practices. Property Highlights: Move-In Ready: Modern 1-story layout with specialized zones for clinical and wellness services. Located near the Wolf Rd & Laraway Rd intersection in Frankfort. OM available upon request. High-End Infrastructure: Equipped with 120V/220V power, central air, and a versatile heating system including forced air, gas, and steam. Safety & Standards: Fully sprinklered facility with B2 Commercial zoning. Patient Amenities: Includes luxury locker rooms, showers, and a professional reception area. Parking & Access: Expansive lot with 24 parking spaces and high-visibility frontage on Laraway Rd.

Rental Active

Price

^$ 3,950,000

Taxes

^$ 19,435

Style

Medical/Dental

Lot Size

0.819995

Year Built

2024

Town/City

Frankfort

County/Region

Will

MLS | Web ID

12639090

Features

General

Cooling Central Air

Zoning COMMR

Year Built 2024

Electric Power - 120V 220 Volts

Tenant Pays Electricity Heat Scavenger Sewer All Utilities

Stories Count 1

Township Frankfort

Tax Year 2024

Current Use Medical/Dental

Assoc Fee Paid Per Not Applicable

County Will

Net Operating Income 0

Property Type Commercial Sale Retail/Stores

Status Active

Directions From the intersection of Laraway Rd & Wolf Rd head North on Wolf turn left into business center drive around to building. OR head west on Laraway and turn right into parking lot.

City Frankfort

Number Of Units Total 1

MLS Area Frankfort

Lot Size Square Feet 35719

Tax Annual Amount 19435

Additional Parcels Y/N N

Leasable Area 4800

Virtual Tour https://r3p.realtor360pro.com/videos/019d96aa-fb02-7102-a6a0-c28ae13ae3a3

Lease Type Net

Standard Status Active

Total Actual Rent 17200

Exterior

Building Area Total 4800

Lot Dimensions 152x203x54x41x76x259

Frontage Type County Road

* Excluded Features

List By

Village Realty, Inc.

Broker

michael@vrsrealty.com;realtormichaelglenn@gmail.com

Nearby

Trends
Schools

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
5/5/2026	$3,950,000		Listed Price

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11240 W Laraway Road, Frankfort, IL, 60423 is a Property for Rent at $3,950,000 with 4,800 sqft and a lot size of 0.819995. 11240 W Laraway Road was built in 2024. 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 5/14/2026.

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11240 W Laraway Road

Property for Rent in Frankfort, IL

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