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    20635 Abbey Woods Ct, Frankfort, IL 60423

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    Office Units

    Type:Office
    Property size:
    2,575 SF
    Price / SF:
    $227/SF
    Added:
    Mar 12, 2026
    Days on Market:
    107
    Last Refresh:
    Mar 19 at 11:05 pm

    Property Features for 20635 Abbey Woods Ct

    General Information

    Standard status
    Active
    Size
    2,575 SF
    Property subtype
    Office

    Building Details

    Year Built
    2008

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    Jackie Montvidas
    Jackie Montvidas

    Listing office Olivieri Real Estate LLC

    Listing date Mar 12, 2026

    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 Olivieri Real Estate LLC

    HighLights

    • Professionally designed office space with high‑quality finishes.
    • Located in the highly sought‑after Abbey Woods area.
    • Well‑planned layout includes reception/waiting area, 5 private offices, kitchen, and 2 restrooms.
    • Includes a dedicated IT/storage closet.
    • Elegant six‑panel oak doors.
    • Built in 2008.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $58.1k $22.56
    − Vacancy −$16.8k −$6.54
    EGI $41.2k $16.02
    − OpEx −$10.3k −$4.00
    NOI $30.9k $12.01
    2,575 SF · lease $22.56/SF/yr · vacancy 29.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $441.9K
    $386.7K – $515.6K (±1% cap)
    NOI $30,934 @ 7.0% cap · market cap 5.29%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $584.0K
    $511.0K – $681.4K (±1% cap)
    NOI $40,881 @ 7.0% cap · market cap 6.99%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Sykes Group Marriage Or Relationship Counselor Loan Officer - 559656 Loan Service Lagesse Tanya Dental Office Lindsey Vass, CADC Charitable Organization Kailash Sharma M.D. Physician

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Frankfort
    County
    Will
    State
    Illinois
    Longitude
    -87.8478124
    Latitude
    41.5147511

    FAQs

    Where is this office units located?
    The property is located at 20635 Abbey Woods Ct Frankfort, IL.
    What is the asking price?
    The asking price for this property is $585,000.
    What are key features of this property?
    This property features: Professionally designed office space with high‑quality finishes.; Located in the highly sought‑after Abbey Woods area.; Well‑planned layout includes reception/waiting area, 5 private offices, kitchen, and 2 restrooms.
    More about this property
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