20224 S Frankfort Square Rd Frankfort, IL 60423
Three-unit property in Frankfort, Illinois, near transportation and amenities.
Type:Multifamily
Property size:
2,625 SFLot size:
0.49 Acres- Added:
- Oct 28, 2025
- Days on Market:
- 156
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 20224 S Frankfort Square Rd
General Information
- Standard status
- Active
- Size
- 2,625 SF
- Lot size
- 0.49 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1985
Listing agent Anthony Spangler License #IL 475173833
Listing office Horvath & Tremblay
Listing date Oct 28, 2025
Source Crexi
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 Horvath & Tremblay
Overview
Frankfort Triplex Investment Opportunity
The property at 20224 S Frankfort Square Road in Frankfort, IL, presents an opportunity to acquire a multi-family investment property. This three-story building features three 2-bedroom, 1-bathroom units, totaling 2,625 square feet of gross living area. Situated on a 0.49-acre parcel, the property includes ample lawn space and three off-street parking spaces at the rear. The property is located within the Frankfort Square community of Will County, a residential area known for its demand for rental housing, schools, and access to Chicago’s south suburban employment centers. Its location provides connectivity via Interstate 80, Interstate 57, and LaGrange Road (Route 45). Residents benefit from proximity to retail, dining, parks, and community amenities, along with access to the Metra commuter rail network for service into downtown Chicago. The Frankfort Square area is also recognized for its school system, enhancing tenant appeal and retention.
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Frankfort
- County
- Will
- State
- Illinois
- Longitude
- -87.8009068
- Latitude
- 41.5219935
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Three-unit property in Frankfort, Illinois, near transportation and amenities.
Where is this triplex located?
The property is located at 20224 S Frankfort Square Rd Frankfort, IL.
What is the asking price?
The asking price for this property is $555,000.
What are key features of this property?
This property features: Desirable Frankfort, Illinois location with strong rental demand.; Convenient access to Interstates 80 and 57, and Route 45.; Proximity to Metra commuter rail for access to downtown Chicago.
