Listing Agency: Network Property Managment LLC r***@networkregroup.com Show Phone

Listed By: Rosemary Gillece · License #471004871

Source: Kw

Added: Nov 21, 2025 Changed: Aug 13 Last Checked: Aug 20 at 7:12PM

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Investment Insights

Based on property information with market context.

Available for sale is an 18.76-acre parcel of land located on Laraway Road, west of Center Road in Frankfort. The property is zoned I-1 Limited Industrial and offers convenient access to I-57. A 9.18-acre ComEd utility easement is present on the site.

Key Highlights

• Easy access to I‑57.
• 18.76 acres available.
• Zoned I‑1 limited industrial.

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Repair Shop Hair Salon Big Box & Wholesale Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

101

Businesses Nearby

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 Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this industrial land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Industrial land - 18.76 acres of industrial land with I-57 access.

Where is this industrial land located?

The property is located at 000 Laraway Road Frankfort, IL.

What is the asking price?

The asking price for this property is $1,021,482.

What are key features of this property?

This property features: Easy access to I‑57.; 18.76 acres available.; Zoned I‑1 limited industrial.