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    1 Old Frankfort Way, Unit 1-5 Frankfort, IL 60423

    Sponsored
    For Sale
    $839,000

    COMMERCIAL - Frankfort, IL

    Type:Office
    Lot size:
    0.41 Acres
    Days on Market:
    32
    Last Refresh:
    Jan 8 at 10:06 pm

    Property Features for 1 Old Frankfort Way

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    APN
    1909214110281007
    Lot size
    0.41 Acres

    Utilities

    Cooling system
    Zoned, Central Air

    Building Details

    Year built
    2005
    Floors in Building
    1
    Number of units
    2
    Building materials
    Brick

    Morandi Properties Inc (708) 516-6666 [email protected]

    Listing agent Raymond Morandi (708) 516-6666

    Listing date Dec 8, 2025

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Frankfort End Cap Unit

    This commercial property is a double unit end cap located in the heart of the Historic District of Downtown Frankfort. The unit spans nearly 2,700 square feet and features high-end finishes throughout. The buildout includes two bathrooms, a conference room, a reception area, a kitchenette, and six offices. The floor plan is available in photos. The property has two entrances in the front and two entrances in the rear. Ample parking is available, along with a courtyard. Located on White Street, the property benefits from high traffic and end cap exposure. The property offers opportunities to operate an entire business, operate out of the south end and rent private office suites on the north end, or purchase solely as an investment. The property is located within walking distance of Downtown Frankfort.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr Perez Psychiatrist Jenny Taylor Boudoir ... Photographer Demetrius J. Karos, ... Tax Attorney ATG Corporate Office Bansley Brescia & Co Accountant

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Frankfort
    County
    Will
    State
    Illinois
    Longitude
    -87.8495414
    Latitude
    41.5026796

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    FAQs

    What type of property is this?
    Office space - Commercial unit in historic district with high-end finishes.
    Where is this office space located?
    The property is located at 1 Old Frankfort Way, Unit 1-5 Frankfort, IL.
    What is the asking price?
    The asking price for this property is $839,000.
    What are key features of this property?
    This property features: - Prime location in the Historic District of Downtown Frankfort with high traffic and end-cap exposure.; - Large double unit spanning nearly 2,700 Sq Ft with high-end finishes.; - Versatile space suitable for operating a business, renting office suites, or investment purposes.
    (708) 516-6666
    Request Owner's contact information
    1 Old Frankfort Way, Unit 1-5 Frankfort, IL 60423
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    Frankfort, IL 60423
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Old Frankfort Way, Unit 1-5 Frankfort, IL 60423
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