Freestanding Spa & Wellness
For Sale
$3,950,000
11240 W Laraway Road, Frankfort, IL 60423
Commercial Sale, Frankfort, IL
Property Size4,800 SF
Lot Size0.82 Acres
Price / SF$822.92
Days on Market118
Property Features for 11240 W Laraway Road
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
COMMR
Directions
From the intersection of Laraway Rd & Wolf Rd head North on Wolf, turn left into business center, drive around to building. OR head west on Laraway and turn right into parking lot.
Subdivision
Frankfort
Standard status
Active
APN
1909304010630000
Lot size
0.82 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
19435
Utilities
Cooling system
Central Air
Amenities
luxury locker rooms
showers
professional reception area
Building Details
Year built
2024
Floors in Building
1
Number of units
1
Listing Agency:
Village Realty, Inc.
(708) 478-1212
Listed By:
Michael Glenn · License #IL471.022481
(708) 478-1212
Added: May 5
Changed: Aug 19
Last Checked: Aug 30 at 11:06PM
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 4,800-square-foot freestanding spa and wellness property was completed in 2024 and is arranged across a one-story layout. The existing build-out includes designated clinical and wellness areas, luxury locker rooms, showers, and a reception area. The facility is currently operating as a med-spa and includes central air, 120V and 220V power, and heating supported by forced air, gas, and steam systems.
The property occupies 0.82 acres near the Wolf Road and Laraway Road intersection in Frankfort. Its lot provides 24 parking spaces and frontage along Laraway Road. The building is fully sprinklered and carries a commercial zoning designation identified in the property record as COMMR.
The property occupies 0.82 acres near the Wolf Road and Laraway Road intersection in Frankfort. Its lot provides 24 parking spaces and frontage along Laraway Road. The building is fully sprinklered and carries a commercial zoning designation identified in the property record as COMMR.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Sprinkler system
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
133
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 60423, IL
32,784
Population
11,494
Households
2.9
Avg Household Size
42
Median Age
48%
College-Educated
97%
High-School Grad
37.9 sq mi
ZIP Area
865
Density / Sq Mi
$137,651
Median Household Income
$63,686
Median Earnings
$1,455
Median Rent
$376,500
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Similar Off Market Nearby
- 11240 W Laraway Rd — W Laraway Rd #11240, Frankfort, IL 60423
- Ancient Roots Acupuncture — 10850 W Laraway Rd Unit 3w, Frankfort, IL 60423
Frequently Asked Questions
What type of property is this?
Spa & wellness property - One-story commercial facility with clinical and wellness areas, patient amenities, modern systems, and an expansive parking area.
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: 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
