000 Laraway Road Frankfort, IL ^$ 1,021,482

000 Laraway Road

^$ 1,021,482

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000 Laraway Road

Frankfort, IL, 60423

^$ 1,021,482

Studio Baths0.0

Monthly Estimate*

^$ 6,289

000 Laraway Road, Frankfort, IL 60423 - Image 1

000 Laraway Road, Frankfort, IL 60423 - Image 2

Studio

Farms/Ranches for sale in Frankfort, IL

for $1,021,482.

Position your business at one of Frankfort's most strategic crossroads., 19.08 acres plus an additional 9.18 acres of Com-Ed easement. This expansive vacant lot offers unparalleled visibility and accessibility at the signaled intersection of Laraway and Center. Surrounded by thriving residential communities and positioned along a major east-west corridor. This property is perfectly suited for retail, professional offices, or medical facilities. Frankfort is consistently ranked as one of the best places to live in Illinois. This site benefits from the area's high median household income and growing population of young professionals and families. Don't miss the chance to anchor your project in this prestigious south suburban community.

Farms/Ranches Active

Price

^$ 1,021,482

Bedrooms

Studio

Property Type

Farms/Ranches

Taxes

^$ 530

Style

Town/City

Frankfort

County/Region

Will

MLS | Web ID

12522327

Features

General

Utilities None

Possession Closing

Township Frankfort

Tax Year 2024

Ownership Fee Simple

County Will

Property Type Farm Land

Status Active

Directions Laraway Rd East or West to center Rd. Parcel located on the North side of Laraway Rd.

City Frankfort

High School District 210

MLS Area Frankfort

Tax Annual Amount 530.06

Additional Parcels Y/N N

Standard Status Active

Middle/Junior School District 157C

Elementary School District 157C

Exterior

Total Parking 0

Lot Dimensions 500X500

Road Surface Type Asphalt

Frontage Length 500

Frontage Type Public Road

Waterfront Y/N N

Interior

Total Baths 0

* Excluded Features

List By

Network Property Managment Llc

Broker

rose@networkregroup.com

Affordability Calculator

$6,334

Per Month

Monthly Principal & Interest: $6,289
Monthly Property Taxes: $44
Monthly Home Insurance: --

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Loan Term

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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

Farm listings in Frankfort, IL

Average List Price ^$1,216,269

Percent of Sale Price 19%

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

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/21/2025	$1,021,482		Listed Price

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000 Laraway Road, Frankfort, IL, 60423 is a Farms/Ranches for sale at $1,021,482. 000 Laraway Road is a studio with 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 6.25% 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 1/29/2026.

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000 Laraway Road

Farms/Ranches for sale in Frankfort, IL

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