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    21016 S 80Th Ave Frankfort, IL 60423

    For Sale
    $1,200,000

    Office - Frankfort, IL

    Type:Office
    Property size:
    8,840 SF
    Lot size:
    1.76 Acres
    Days on Market:
    106
    Last Refresh:
    Dec 6 at 4:06 pm

    Property Features for 21016 S 80Th Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Zoning
    OFFIC
    APN
    1909232020270000
    Size
    8,840 SF
    Lot size
    1.76 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1965
    Number of units
    11
    Architectural style
    Other

    REMAX Premier (312) 656-4584 [email protected]

    Listing agent Jennifer Fay (773) 435-1600 License #475134040

    Listing date Aug 23, 2025

    MLS# 12448213 Listing URL

    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

    Frankfort Office Building For Sale

    This fully occupied office building is located in Frankfort, Illinois. The property is visible from Lincoln Highway and 80th Avenue and offers ample parking. The building is well-maintained and in great condition. Updates have been made throughout. The roof was replaced in 2014 and 2015. The sale includes an adjacent 0.7-acre lot, bringing the total lot size to 1.76 acres. The building has 8,840 square feet of space and is zoned OFFIC. This property presents a solid cash-flowing investment opportunity.
    Location Intelligence

    Current Use by Public Records

    Storm Consulting Group ... Business Management Consultant CNGmotive Distribution Service Lawrence W. Tarnowski ... Counselor Partners In Treatment Cnclng Counselor R W Counseling ... Credit Counseling Service

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Frankfort
    County
    Will
    State
    Illinois
    Longitude
    -87.8100026
    Latitude
    41.5074992

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    FAQs

    What type of property is this?
    Office building - Fully occupied office building with updates and ample parking.
    Where is this office building located?
    The property is located at 21016 S 80Th Ave Frankfort, IL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Fully occupied building with updates throughout ensures immediate cash flow.; - Seller financing available.; - Adjacent .7 acre lot included in sale.
    (773) 435-1600
    Request Owner's contact information
    21016 S 80Th Ave 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
    21016 S 80Th Ave Frankfort, IL 60423
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