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    Frankfort, IL
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    Frankfort, IL Commercial Land for Sale

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    Matteson, IL Mokena, IL Tinley Park, IL New Lenox, IL Orland Park, IL Monee, IL Richton Park, IL University Park, IL
    9 properties
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    Commercial Land with Existing Structure
    Updated: Oct 13, 2025
    Commercial Land with Existing Structure

    7825 W Lincoln Highway, Frankfort, IL 60423

    $510,000
    0.84 AC lot
    0.8396‑acre commercial land parcel
    Located on Lincoln Highway in Frankfort, IL
    Existing 1975 structure can be demolished
    Potential for residential, commercial, or mixed‑use development
    Near downtown Frankfort, I‑80, and La Grange Rd
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    Frankfort Land For Sale
    Updated: Jun 23, 2025
    Frankfort Land For Sale

    10850 W Laraway Road, Frankfort, IL 60423

    $500,000
    4.10 AC lot
    Location: -87.87692, 41.48484
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    Commercial Land for Future Development
    Commercial Land for Future Development

    Lt1 West Stuenkel Road, Frankfort, IL 60423

    $949,900
    53.00 AC lot

    Annexed agricultural land designated under the Village comprehensive plan for future business park and residential development.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Frankfort Land for Mixed-Use Development
    Frankfort Land for Mixed-Use Development

    795 Center Road, Frankfort, IL 60423

    Contact for pricing
    11.00 AC lot

    Approximately 11 acres of land for mixed-use development.

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    Highly Visible Commercial Land Lot
    Highly Visible Commercial Land Lot

    7825 W Lincoln Highway, Frankfort, IL 60423

    $510,000

    Primarily land site on Lincoln Highway with an existing structure that can be demolished.

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    Zoned Corporate Development Land
    Zoned Corporate Development Land

    20550 S. LaGrange Road, Frankfort, IL 60423

    Contact for pricing
    0.66 AC lot

    Approximately 0.66-acre commercial lot zoned B4 in the Mannheim Square Office Park along a major South LaGrange Road corridor.

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    Commercial Lot in Frankfort, IL
    Commercial Lot in Frankfort, IL

    9301 W Lincoln Hwy, Frankfort, IL

    Contact for pricing
    2.58 AC lot

    2.58 acre commercial lot with high visibility and traffic.

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    Commercial Land Near LaGrange Road
    Commercial Land Near LaGrange Road

    S La Grange Rd, Frankfort, IL

    Contact for pricing
    0.47 AC lot

    Commercial land for sale with access to major roads.

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    Corner Land Parcel For Sale
    Corner Land Parcel For Sale

    23036 Pinehurst Dr, Frankfort, IL 60423

    Contact for pricing
    2.65 AC lot

    2.65 acres of raw land in Frankfort, Illinois.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 9 Active listings in Frankfort, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Commercial Lot Near Laraway Road
    Commercial Lot Near Laraway Road

    LARAWAY Road lot: 8, New Lenox, IL 60451

    $925,000
    4.15 AC lot

    4.15 acre commercial lot with utilities in New Lenox.

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    Mokena, IL - 1 Acre Lot
    Mokena, IL - 1 Acre Lot

    21647 Owens Road, Mokena, IL 60448

    $159,000
    1.00 AC lot

    Expansive 1 acre lot in Mokena, Illinois.

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    Development Land with Road Frontage
    Development Land with Road Frontage

    19300 La Grange Rd, Mokena, IL 60448

    Contact for pricing
    14.32 AC lot

    Mostly flat, highly visible commercial land with more than 600 feet of frontage on La Grange Road.

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    Land
    Land

    Lincoln Hwy, New Lenox, IL 60451

    Contact for pricing
    0.92 AC lot

    Commercial land · 0.92 Acres

    View details

    Off-Market Properties in Frankfort, IL

    Consider similar Off-Market properties in Frankfort, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    84th Ave
    VACANT COMMERCIAL LAND

    84th Ave, Frankfort, IL 60423

    $120,000
    Estimated value
    2.52 AC lot
    View details
    Colorado Ave
    VACANT COMMERCIAL LAND

    Colorado Ave, Frankfort, IL 60423

    $295,000
    Estimated value
    0.44 AC lot
    View details
    Colorado Ave
    VACANT COMMERCIAL LAND

    Colorado Ave, Frankfort, IL 60423

    $290,000
    Estimated value
    0.62 AC lot
    View details
    20550 La Grange Rd
    VACANT COMMERCIAL LAND

    20550 La Grange Rd, Frankfort, IL 60423-1397

    $395,000
    Estimated value
    0.66 AC lot
    View details
    Frankfort Sq Rd
    VACANT COMMERCIAL LAND

    Frankfort Sq Rd, Frankfort, IL 60423

    $295,000
    Estimated value
    0.96 AC lot
    View details
    St Francis Rd
    VACANT COMMERCIAL LAND

    St Francis Rd, Frankfort, IL 60423

    $285,000
    Estimated value
    0.13 AC lot
    View details
    Lincoln Hwy
    VACANT COMMERCIAL LAND

    Lincoln Hwy, Frankfort, IL 60423

    $25,955,000
    Estimated value
    3.06 AC lot
    View details
    22793 Citation Rd
    VACANT COMMERCIAL LAND

    22793 Citation Rd, Frankfort, IL 60423-2154

    $240,000
    Estimated value
    1.00 AC lot
    View details
    Ss La Grange Rd
    VACANT COMMERCIAL LAND

    Ss La Grange Rd, Frankfort, IL 60423-1901

    $260,000
    Estimated value
    2.68 AC lot
    View details
    22413 Fey Dr
    VACANT COMMERCIAL LAND

    22413 Fey Dr, Frankfort, IL 60423

    $415,000
    Estimated value
    1.01 AC lot
    View details
    20400 La Grange Rd
    VACANT COMMERCIAL LAND

    20400 La Grange Rd, Frankfort, IL 60423-1301

    $985,000
    Estimated value
    5.92 AC lot
    View details
    Pfeiffer Rd
    VACANT COMMERCIAL LAND

    Pfeiffer Rd, Frankfort, IL 60423

    $425,000
    Estimated value
    0.21 AC lot
    View details
    9164 Gulfstream Rd
    VACANT COMMERCIAL LAND

    9164 Gulfstream Rd, Frankfort, IL 60423-2582

    $2,960,000
    Estimated value
    1.00 AC lot
    View details
    11125 Lincoln Hwy
    VACANT COMMERCIAL LAND

    11125 Lincoln Hwy, Frankfort, IL 60423-7428

    $415,000
    Estimated value
    2.56 AC lot
    View details
    20910 La Grange Rd
    VACANT COMMERCIAL LAND

    20910 La Grange Rd, Frankfort, IL 60423-1389

    $3,135,000
    Estimated value
    0.56 AC lot
    View details

    Frankfort, IL Commercial Land Market Trends and Statistics

    Explore 72 commercial land for sale in Frankfort, IL, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 3,280,051 square feet of properties for sale, with an estimated market value of $2,469,900.

    Sale prices for commercial lots in Frankfort, IL start at $500,000, averaging $617,475, and reaching up to $949,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial land 13
    Residential land & home lots 9
    Agricultural land / Farmland 6
    Industrial land 6

    Demographics Overview

    Population 33K
    Population Growth (5Y) +6.1%
    Median Household Income $137,651
    College Educated 67.6%

    High-Yield Neighborhoods for Investment

    Identify Frankfort submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60423 $610K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Will County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Frankfort fall within the 1 to 5 acres range.

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