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    22149 Rosemary Rd Frankfort, IL 60423

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    For Sale
    Contact for pricing

    Land with development potential near major transportation routes.

    Lot size:
    76.78 Acres

    Property Features for 22149 Rosemary Rd

    General Information

    Lot size
    76.78 Acres

    Source: Lee & Associates | Chicago Agent Dylan Maher

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

    Overview

    Land in Frankfort, Illinois

    Located at the northeast corner of Laraway and Wolf Road in unincorporated Will County, this land is planned for annexation into Frankfort. The site offers visibility and accessibility suitable for commercial and residential developments. Its zoning is currently Ag, allowing for mixed-use developments, retail centers, and residential communities. The property is near I-80, I-355, and Route 30, providing transportation access for residents, businesses, and customers.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Clothing Store Building Supply Gym & Fitness Accounting Firm Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Frankfort
    County
    Will
    State
    Illinois
    Longitude
    -87.8883449
    Latitude
    41.4873125

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    FAQs

    What type of property is this?
    Land - Land with development potential near major transportation routes.
    Where is this land located?
    The property is located at 22149 Rosemary Rd Frankfort, IL.
    What are key features of this property?
    This property features: - Excellent visibility and accessibility ideal for commercial or residential projects.; - Convenient transportation with proximity to I-80, I-355, and Route 30.; - Flexible zoning (currently Ag) allows mixed-use, retail, and residential development.
    (331) 262-7982
    Request Owner's contact information
    22149 Rosemary Rd 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
    22149 Rosemary Rd Frankfort, IL 60423
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