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Spa & Wellness Property with Locker Rooms
For Lease
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11240 W Laraway Rd, Frankfort, IL 60423

One-story facility with locker rooms, showers, reception, and dedicated clinical and wellness areas.

Space Size4,800 SF
Days on Market131

Property Features for 11240 W Laraway Rd

General Information

Standard status Active
Size 4,800 SF
Net Rentable 4,800 SF
Class A
Total Parking Spaces 24
Property subtype Retail
Zoning B2 Commercial
Lease Type NNN

Space & Availability

Available Space 4,800 SF
Contiguous Space 4,800 SF
Floor 1
Space Use Medical Office
Condition Turnkey

Site & Location

Road Access Yes
Utilities to Site Yes

Additional Details

Sprinkler System Yes

Amenities

luxury locker rooms
showers
professional reception area

Building Details

Building Size 4,800 SF
Year Built 2024
Stories 1
Tenancy Single

Spaces For Lease

at 11240 W Laraway Rd Contact us

Available Space $35/SF/Yr

Size
4,800 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Village Realty
Listed By: Michael Glenn · License #IL471.022481
Source: Crexi
Added: Apr 22 Changed: Aug 30 Last Checked: Aug 30 at 10:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Village Realty

Investment Insights

Based on property information with market context.

This freestanding spa and wellness property offers 4,800 SF of specialized commercial space in a one-story configuration completed in 2024. The interior includes separate clinical and wellness areas, luxury locker rooms, showers, and a professional reception area. Existing infrastructure includes 120V/220V power, central air, and heating supported by forced air, gas, and steam systems. The building is fully sprinklered and carries B2 Commercial zoning.

Located at 11240 W Laraway Rd in Frankfort, the property sits near the Wolf Rd and Laraway Rd intersection with frontage on Laraway Rd. An expansive parking lot provides 24 parking spaces. The existing layout and infrastructure are suited to spa, wellness, medical, dental, and aesthetic practice operations as supported by the current configuration.

Key Highlights

  • 4,800 SF freestanding spa and wellness building completed in 2024
  • B2 Commercial zoning with fully sprinklered building
  • 120V/220V power, central air, and forced air, gas, and steam heating

Property Analytics

Current Use

Sauna Guard Wellness ... Spa & Massage Center

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Spa & Massage Center Building Supply Electrical Service

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

Lease Details

Yes
Sprinkler system
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

133
Businesses Nearby
Balanced
Demand for This Use

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

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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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 facility with locker rooms, showers, reception, and dedicated clinical and wellness areas.
Where is this spa & wellness property located?
The property is located at 11240 W Laraway Rd Frankfort, IL.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: 4,800 SF freestanding spa and wellness building completed in 2024; B2 Commercial zoning with fully sprinklered building; 120V/220V power, central air, and forced air, gas, and steam heating
(708) 263-5869 Call to check price and availability
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