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    20400 La Grange Rd Frankfort, IL 60423

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    For Lease
    Contact for pricing

    New retail center with endcap unit and ample parking.

    Property size:
    1,520 SF
    Lot size:
    5.87 Acres

    Property Features for 20400 La Grange Rd

    General Information

    Size
    1,520 SF
    Lot size
    5.87 Acres

    Source: Latitude Commercial Agent Myles Rapchak

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

    Overview

    New Retail Center in Frankfort

    This new retail center is located in Frankfort, Illinois. Construction is scheduled to commence in Q4 2024. An endcap unit is available within the center. The zoning is B2 Community Business District. The location benefits from high traffic volume, with 34,000 vehicles per day. Ample parking is provided, with a total of 71 spaces. The property offers a space of 1520 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Frankfort
    County
    Will
    State
    Illinois
    Longitude
    -87.849038
    Latitude
    41.5189258

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    FAQs

    What type of property is this?
    Retail space - New retail center with endcap unit and ample parking.
    Where is this retail space located?
    The property is located at 20400 La Grange Rd Frankfort, IL.
    What are key features of this property?
    This property features: - High traffic volume (34k VPD); - New retail center; - Join Dunkin' at their newest location
    (219) 308-3553
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    20400 La Grange 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
    20400 La Grange Rd Frankfort, IL 60423
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