Turn-Key Medical & Wellness
For Sale
$3,950,000
11240 W Laraway Road, Frankfort, IL 60423
COMMERCIAL - Frankfort, IL
Property Size4,800 SF
Lot Size0.82 Acres
Price / SF$822.92
Days on Market95
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 #475154621
(708) 478-1212
Added: May 5
Changed: Aug 4
Last Checked: Aug 7 at 12:06PM
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 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.
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
Current Use
Lease Details
Yes
Sprinkler system
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
64
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
Questions? Ask Rey
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Similar Off Market Nearby
- Ancient Roots Acupuncture — 10850 W Laraway Rd Unit 3w, Frankfort, IL 60423
- 11240 W Laraway Rd — W Laraway Rd #11240, Frankfort, IL 60423
Frequently Asked Questions
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.
