21195 S LaGrange Road Frankfort, IL 60423

$899,000
21195 S LaGrange Road, Frankfort, IL 60423
09469502

Commercial Property for sale in Frankfort, IL

for $899,000. This building is 9,800 square feet.

Property Information

  • $899,000
  • Commercial
  • 9,800 Square Feet
  • Taxes are $35,000
  • Office
  • Active
  • 2 Floors
  • Frankfort, IL
  • Will County
  • MLS/Web ID is 09469502

Description

Best site in Frankfort for New Restaurant Location or Retail Strip! Beautiful commercial property on a High Visibility Corner and is directly across the street from Jewel/Osco anchored shopping plaza. Ideal building with unlimited exposure for any business type. Great rental income possibility as well. Built in 1974 and features 13 units as well as 40 parking spaces. Over 9800 square feet. The property is priced to sell and just waiting for the right buyer! 4 units are currently available for rent as well! 8.54% CAP Rate based on projected full occupancy. Prime Location Leading in the heart of Downtown Frankfort!

Interior 4

Cooling System

  • Central Air
  • Window Unit(s)

Heating System

  • Central Heat

Sewer

  • Sanitary
  • Storm Sewer

Water Source

  • Municipal

Exterior 1

Parking

  • 1-20 Parking Spaces

Miscellaneous 3

Documents

  • Lease Agreement

Location

  • Corner Lot

Utilities

  • Electric

Rental 1

Tenant Pays

  • Electric

† Excluded Feature

Listed By

Broker: KELLER WILLIAMS PREFERRED RLTY

21195 S LaGrange Road, Frankfort, IL, 60423 is a Commercial Property for sale at $899,000 with 9,800 sqft. 21195 S LaGrange Road has 0.0 baths. The property's zip code is 60423 which is in Frankfort, IL

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Pricing History

Date Price Price Change Description
1/12/2018 $899,000 -2.81 % Price Change
9/22/2017 $925,000 -2.63 % Price Change
9/21/2017 $950,000 2.70 % Price Change
9/21/2017 $925,000 -2.63 % Price Change
7/10/2017 $950,000 -4.90 % Price Change
1/3/2017 $999,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Frankfort $476,550 47 % below $374,900 58 % below
Commerical listings in Frankfort $1,107,407 23 % above $688,500 23 % below

Get the facts about Frankfort, IL!

Population 18,512
Population Growth (since 2000) 69 %
Median Income $107,214
Median Age 43.1
Households w/ Children 41 %

Residential Dwellings

  • Owned 5669
  • Vacant 257
  • Rented 394

Similar Listings

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363