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Turn-Key Medical & Wellness Building

11240 W Laraway Road Frankfort, IL 60423

11240 W Laraway Road, Frankfort, IL, 60423
$3,950,000
For Sale
Claim this Listing
$3,950,000

COMMERCIAL - Frankfort, IL

Property Size4,800 SF
Lot Size0.82 Acres
Price / SF$822.92
AddedMay 5
Days on Market73
Last RefreshJul 16 at 12:06 pm

Property Features for 11240 W Laraway Road

General Information

Property type
Commercial Sale
Property subtype
Retail
Zoning
COMMR
Standard status
Active
APN
1909304010630000
Size
4,800 SF
Lot size
0.82 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
19435

Utilities

Cooling system
Central Air

Building Details

Year built
2024
Floors in Building
1
Number of units
1

Listing agent Michael Glenn License #471022481

Listing office Village Realty, Inc. 20950 S. Frankfort Sq Rd # C, Frankfort, IL

Listing date May 5, 2026

MLS# 12639090

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This 2024-completed, turn-key free-standing building is designed for medical and wellness uses, offering a modern 1-story layout with specialized zones for clinical and wellness services. The interior includes a professional reception area and luxury locker rooms with showers, supporting a spa-style patient experience while retaining a medical-ready configuration. The facility is fully sprinklered and features central air plus a versatile heating system with forced air, gas, and steam. Power is available with both 120V and 220V capabilities.

The property is located near the Wolf Rd & Laraway Rd intersection in Frankfort, Illinois, with high-visibility frontage on Laraway Rd. An expansive lot provides 24 parking spaces, supporting convenient patient access.

Zoned for commercial use under COMMR, this building is positioned to serve a range of practices that can utilize a reception and treatment-focused layout, including medical, dental, or aesthetic providers. The move-in-ready condition and medical/wellness infrastructure reduce the need for immediate build-out, making it well-suited for operators seeking a complete, functional facility designed for day-to-day patient flow.

Key Highlights

  • Turn‑key 4,800 SF medical/wellness building completed in 2024.
  • Move‑in ready with a sophisticated build‑out ideal for medical, dental, or aesthetic practices.
  • Expansive lot with 24 parking spaces and high‑visibility frontage on Laraway Rd.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Sauna Guard Wellness ... Spa & Massage Center

Suggested Use

Real Estate Agency Restaurant Hair Salon Spa & Massage Center Building Supply Electrical Service Big Box & Wholesale Store HVAC Service Grocery & Convenience Store Storage Facility

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

FAQs

What type of property is this?
Spa & wellness property - Modern 2024 free-standing medical/wellness facility with clinical build-out, sprinkler system, and 24 parking spaces.
Where is this spa & wellness property located?
The property is located at 11240 W Laraway Road Frankfort, IL.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Turn‑key 4,800 SF medical/wellness building completed in 2024.; Move‑in ready with a sophisticated build‑out ideal for medical, dental, or aesthetic practices.; Expansive lot with **24 parking spaces** and high‑visibility frontage on Laraway Rd.
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