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    Frankfort, IL Commercial Land for Sale

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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
    View details
    Frankfort Land for Mixed-Use Development
    Updated: Mar 7
    Frankfort Land for Mixed-Use Development

    795 Center Road, Frankfort, IL 60423

    Contact for pricing
    11.00 AC lot
    ±11 AC landsite ideal for future mixed‑use development.
    Prime corner location at Center and Laraway Roads, Frankfort, IL.
    Main southern access point to downtown Frankfort.
    Suitable for retail, restaurant, office, and industrial uses.
    Potential building sizes ranging from 2,000 - 50,000 SF.
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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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    See hot listings in Frankfort

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    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 5 Active listings in Frankfort, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 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 Land Corner Lot
    Commercial Land Corner Lot

    McGovney Street lot: 7 Block 3 Mcgovney, Mokena, IL 60448

    $135,000
    0.28 AC lot

    Vacant commercial parcel with Wolf Road exposure, water available, and proximity to Mokena’s downtown train station.

    View details
    Graded Commercial Land
    Graded Commercial Land

    LARAWAY Road lot: 8, New Lenox, IL 60451

    $925,000
    4.50 AC lot

    Level, utility-served site surrounded by established retail, banking, and residential uses.

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    Commercial Land with Drive-Through Potential
    Commercial Land with Drive-Through Potential

    11350 West Lincoln Highway, Mokena, IL 60448

    Contact for pricing

    US Route 30 access and connections through neighboring centers support multiple commercial site-planning options.

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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

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

    Colorado Ave, Frankfort, IL 60423

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

    Colorado Ave, Frankfort, IL 60423

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

    20550 La Grange Rd, Frankfort, IL 60423-1397

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

    Frankfort Sq Rd, Frankfort, IL 60423

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

    St Francis Rd, Frankfort, IL 60423

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

    Lincoln Hwy, Frankfort, IL 60423

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

    22793 Citation Rd, Frankfort, IL 60423-2154

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

    Ss La Grange Rd, Frankfort, IL 60423-1901

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

    22413 Fey Dr, Frankfort, IL 60423

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

    20400 La Grange Rd, Frankfort, IL 60423-1301

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

    Pfeiffer Rd, Frankfort, IL 60423

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

    9164 Gulfstream Rd, Frankfort, IL 60423-2582

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

    11125 Lincoln Hwy, Frankfort, IL 60423-7428

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

    20910 La Grange Rd, Frankfort, IL 60423-1389

    Estimated value:
    $3,135,000
    0.56 AC lot
    View details
    Lincoln Hwy At S 80th Ave
    VACANT COMMERCIAL LAND

    Lincoln Hwy At S 80th Ave, Frankfort, IL 60423

    Estimated value:
    $300,000
    0.65 AC lot
    View details
    20635 Abbey Woods N Ct
    VACANT COMMERCIAL LAND

    20635 Abbey Woods N Ct, Frankfort, IL 60423-3181

    Estimated value:
    $175,000
    3.82 AC lot
    View details
    19965 La Grange Rd
    VACANT COMMERCIAL LAND

    19965 La Grange Rd, Frankfort, IL 60423-3105

    Estimated value:
    $340,000
    1.12 AC lot
    View details
    Harlem Ave
    VACANT COMMERCIAL LAND

    Harlem Ave, Frankfort, IL 60423

    Estimated value:
    $150,000
    0.82 AC lot
    View details

    Frankfort, IL Commercial Land Market Trends and Statistics

    Explore 72 commercial land for sale in Frankfort, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 906,048 square feet of properties for sale, with an estimated market value of $500,000.

    Sale prices for commercial lots in Frankfort, IL average $500,000 — 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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    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 10
    Commercial land 8
    Industrial land 5
    Agricultural land / Farmland 4
    Waterfront Land 1

    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 $500K

    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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    Browse Commercial land for Sale Near Frankfort, IL

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    Most Searched ZIP Codes in Frankfort, IL

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    Featured Frankfort Real Estate Agencies

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    Village Realty
    20950 S. Frankfort Square Rd, Unit C Frankfort, IL 60423
    Phone: 17084781212
    vrsrealty.com
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