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    Us 45 & Laraway Frankfort, IL 60423

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    For Sale
    Contact for pricing

    104 acre land site at US 45 & Laraway Road.

    Property size:
    104 SF
    Lot size:
    104.00 Acres

    Property Features for Us 45 & Laraway

    General Information

    Size
    104 SF
    Lot size
    104.00 Acres
    Source: Naiglobal

    Listing Agent: Perry Higa

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    104 Acre Development Opportunity

    This 104-acre land site is available for sale at the southwest corner of US Route 45 and Laraway Road in Frankfort, Illinois. The property is positioned as a development opportunity, potentially ideal for retail and/or residential use. It benefits from excellent visibility along both US Route 45 and West Laraway Road. The land is bounded by frontage on the north and east sides. The site is located 5.1 miles from Interstate 80 and 6.2 miles from Interstate 57.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Frankfort
    County
    Will
    State
    Illinois
    Longitude
    -87.8351
    Latitude
    41.4748

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    FAQs

    What type of property is this?
    Land - 104 acre land site at US 45 & Laraway Road.
    Where is this land located?
    The property is located at Us 45 & Laraway Frankfort, IL.
    What are key features of this property?
    This property features: - 104-acre land site suitable for development; - Located at the southwest corner of US 45 & Laraway Road in Frankfort; - Ideal for retail and/or residential development
    (630) 235-2980
    Request Owner's contact information
    Us 45 & Laraway 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
    Us 45 & Laraway Frankfort, IL 60423
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