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    Frankfort, IL Commercial Real Estate for Sale

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    25 properties
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    Freestanding Spa & Wellness Property
    Updated: May 5
    Freestanding Spa & Wellness Property

    11240 W Laraway Road, Frankfort, IL 60423

    $3,950,000
    0.82 AC lot
    4,800 SF freestanding spa and wellness building
    Completed in 2024 with a one‑story layout
    Existing clinical and wellness build‑out with locker rooms and showers
    120V/220V power, central air, forced air, gas, and steam heating
    0.82‑acre site with 24 parking spaces
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    Commercial Office Property
    Updated: May 15
    Commercial Office Property

    219 N White Street, Frankfort, IL 60423

    $1,850,000
    0.50 AC lot
    Year built: 2010
    Central air cooling
    Fireplace available
    Wood and carpet flooring
    Cable available
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    Frankfort Land For Sale
    Frankfort Land For Sale

    10850 W Laraway Road, Frankfort, IL 60423

    $500,000
    4.10 AC lot

    4.1 acre commercial land available in Frankfort, Illinois.

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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
    Office Building with Separate Upper-Level Entrance
    Office Building with Separate Upper-Level Entrance

    9999 W Lincoln Hwy, Frankfort, IL 60423

    $1,200,000
    7,500 sqft

    A flexible three-level layout includes private offices, shared work areas, and an independently accessible second floor.

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    Two-Story Office Building
    Two-Story Office Building

    9999 W Lincoln Highway, Frankfort, IL 60423

    $1,200,000
    1.15 AC lot

    Brick office property with flexible multi-level buildout, private offices, open work areas, and a separately accessible second floor.

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    Nightclub and Bar with Outdoor Patio
    Nightclub and Bar with Outdoor Patio

    7905 W Lincoln Hwy, Frankfort, IL 60423

    $1,500,000
    6,700 sqft

    C2-zoned entertainment property with gaming licenses, liquor licenses, parking, and a flexible layout for multiple business concepts.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Occupied Storefront Building
    Occupied Storefront Building

    21016 S 80th Ave, Frankfort, IL 60423

    $1,100,000
    8,840 sqft

    Updated commercial building with ample parking and an adjacent parcel included in the sale.

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    Frankfort Medical Office Building For Sale
    Frankfort Medical Office Building For Sale

    10043 Lincoln Hwy, Frankfort, IL 60423

    $2,850,000
    24,125 sqft

    Three-story medical office building with national tenant and available space.

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    Freestanding Spa & Wellness Building
    Freestanding Spa & Wellness Building

    11240 W Laraway Rd, Frankfort, IL 60423

    $3,950,000
    4,800 sqft

    Modern single-story facility with clinical areas, wellness amenities, parking, and commercial zoning.

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    Professional Office Condo For Sale
    Professional Office Condo For Sale

    10331 W Lincoln Hwy, Frankfort, IL 60423

    $385,000
    3,132 sqft

    Professional office condo with build-out potential in Frankfort, Illinois.

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    Development Site with Interstate Access
    Development Site with Interstate Access

    300 E. Laraway Road, Frankfort, IL 60423

    $799,000
    3.93 AC lot

    Nearly four-acre development site with easy access to I-57 and I-80.

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    Frankfort Farmland with Warehouse
    Frankfort Farmland with Warehouse

    9815 W Laraway Rd, Frankfort, IL 60423

    $849,900
    2,500 sqft 21.00 AC lot

    21 acres with warehouse, ideal for small business.

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    Mixed-Use Property with Condos
    Mixed-Use Property with Condos

    219 N White Street, Frankfort, IL 60423

    $1,850,000
    3,406 sqft

    Separately metered office and residential condominium units are currently leased within a professionally finished building.

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    Agricultural Land for Future Development
    Agricultural Land for Future Development

    Lt1 W Stuenkel Rd, Frankfort, IL 60423

    $899,000
    53.00 AC lot

    Annexed agricultural land with municipal utilities nearby, positioned for future business park and residential development.

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    Grocery Anchored Retail Center
    Grocery Anchored Retail Center

    21164 S La Grange Road |, Frankfort, IL 60423

    Contact for pricing
    1 sqft

    Strong performing retail center in Frankfort, Illinois, anchored by Jewel-Osco.

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    Agricultural Land with Post-Frame Building
    Agricultural Land with Post-Frame Building

    7659 W Steger Rd, Frankfort, IL 60423

    $750,000

    Acreage combines tillable ground, mature woods, a creek, and a post-frame outbuilding.

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    Office
    Office

    20635 Abbey Woods Ct, Frankfort, IL 60423

    Contact for pricing
    2,575 sqft

    Office Units · 2,575 SF

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    Light Industrial Land Parcel
    Light Industrial Land Parcel

    7200 W Steger Rd, Frankfort, IL 60423

    $749,000

    Land parcel with substantial frontage on both Harlem Ave and Steger Rd, with potential light industrial use.

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    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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    Agricultural Land at Road Corner
    Agricultural Land at Road Corner

    0000 Laraway Road, Frankfort, IL 60423

    $530,000

    Farmland parcel in Will County with AG zoning and a Business Park/Industrial designation in the village comprehensive plan.

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    Industrial Land Near I-57
    Industrial Land Near I-57

    000 Laraway Road, Frankfort, IL 60423

    $1,021,482

    18.76 acres of industrial land with I-57 access.

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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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    Frankfort, IL Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Frankfort, IL, showcased through 25 active listings on our real estate platform. These investment opportunities span a total of 71,579 square feet of properties for sale, with an estimated market value of $25,933,382.

    Sale prices for business properties in Frankfort, IL start at $385,000, averaging $1,440,743, and reaching up to $3,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    Frankfort, IL CRE market trends — vacancy, lease rates and price per SF, updated monthly
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    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 $1.4M

    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 50,000 to 100,000 square foot range.

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    Browse Commercial real estate for Sale Near Frankfort, IL

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    Most Searched ZIP Codes in Frankfort, IL

    • 60423

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