318 Oak Street Frankfort, IL ^$ 399,900

318 Oak Street

^$ 399,900

Back to search

318 Oak Street

Frankfort, IL, 60423

^$ 399,900

Bedrooms-- Baths0.0

Monthly Estimate*

^$ 2,525

318 Oak Street, Frankfort, IL 60423 - Image 1

318 Oak Street, Frankfort, IL 60423 - Image 2

318 Oak Street, Frankfort, IL 60423 - Image 3

318 Oak Street, Frankfort, IL 60423 - Image 4

318 Oak Street, Frankfort, IL 60423 - Image 5

318 Oak Street, Frankfort, IL 60423 - Image 6

318 Oak Street, Frankfort, IL 60423 - Image 7

318 Oak Street, Frankfort, IL 60423 - Image 8

318 Oak Street, Frankfort, IL 60423 - Image 9

318 Oak Street, Frankfort, IL 60423 - Image 10

318 Oak Street, Frankfort, IL 60423 - Image 11

318 Oak Street, Frankfort, IL 60423 - Image 12

318 Oak Street, Frankfort, IL 60423 - Image 13

318 Oak Street, Frankfort, IL 60423 - Image 14

318 Oak Street, Frankfort, IL 60423 - Image 15

318 Oak Street, Frankfort, IL 60423 - Image 16

Lots and Land for sale in Frankfort, IL

for $399,900. The lot size is 0.47.

Unbelievably rare Opportunity! Double lot in an amazing DOWNTOWN Frankfort location! Nearly a Half Acre of land within walking distance to outstanding Shopping, Dining & Parks! Convenient access to Old Plank Trail, Community events, Major interstate, Metra & award winning Lincoln-Way Schools! This oversized parcel provides greater flexibility in home design, garage configuration, outdoor living space & overall footprint! Take advantage of this rare opportunity before it's gone!

Lots and Land Active

Price

^$ 399,900

Property Type

Lots and Land

Taxes

^$ 4,283

Style

Single Family

Lot Size

0.47

Town/City

Frankfort

County/Region

Will

MLS | Web ID

12754190

Features

General

Utilities Electricity Nearby Natural Gas Nearby Sewer Nearby Water Nearby

Possession Closing Immediate

Zoning SINGL

Township Frankfort

Tax Year 2025

Current Use Single Family

Ownership Fee Simple

Additional Parcels Description 1909282280160000

County Will

Property Type Land Land

Possible Use Residential

Status Active

Directions Nebraska to Oak St. S to Oak to Address. Sign on property

High School Lincoln-Way East High School

City Frankfort

High School District 210

MLS Area Frankfort

Tax Annual Amount 4283

Additional Parcels Y/N Y

Standard Status Active

Middle/Junior School District 157C

Elementary School District 157C

Interior

Basement None

Total Baths 0

Exterior

Total Parking 0

Lot Dimensions 110X204.5X92X114.5X18X90

Lot Size Acres 0.47

Road Surface Type Asphalt

Frontage Length 110

Frontage Type City Street

Waterfront Y/N N

* Excluded Features

List By

Morandi Properties, Inc

Broker

ray@morandiproperties.com

Affordability Calculator

$2,882

Per Month

Monthly Principal & Interest: $2,525
Monthly Property Taxes: $357
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Lots and land listings in Frankfort, IL

Average List Price ^$890,908

Percent of Sale Price 123%

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.

565648 Elementary School

564959 Middle School

Lincoln-Way East High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/9/2026	$399,900		Listed Price

Map

More homes like this one

homes for you

See all

318 Oak Street, Frankfort, IL, 60423 is a Lots and Land for sale at $399,900 with a lot size of 0.47. 318 Oak Street has 0.0 baths. 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 6.49% 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.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 10/3/2026.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

318 Oak Street

Lots and Land for sale in Frankfort, IL

Affordability Calculator

Map

More homes like this one

Get more info about this home