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First-Floor Medical Office Suite
New
For Lease
$11 SF/Yr

20855 S Lagrange Rd Unit 101, Frankfort, IL 60423

Space is located in an occupied town center with fitness, dining, salon, and spa uses.

Space Size1,000 SF
Days on Market7

Property Features for 20855 S Lagrange Rd Unit 101

General Information

Standard status Active
Size 1,000 SF
Net Rentable 1,000 SF
Occupancy 100%

Space & Availability

Available Space 1,000 SF
Contiguous Space 1,000 SF
Floor 1

Building Details

Year Built 1987
Tenancy Multi
Listing Agency: GMC Realty LTD
Listed By: Albert Presco · License #475127634
Source: Liveliferealty
Added: Aug 22 Changed: Aug 28 Last Checked: Aug 25 at 5:02AM

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 GMC Realty LTD

Investment Insights

Based on property information with market context.

Suite 101 is a 1,000 SF first-floor medical office space within a town center property. The premises operated as a chiropractor’s office for many years, providing a use history relevant to medical office users. Built in 1987, the suite is positioned within an established commercial setting rather than a standalone building.

The property is located at 20855 S Lagrange Rd in Frankfort, Illinois. The center is fully occupied and includes Planet Fitness, Jeffery Lamorte Salon and Day Spa, Salt Cave, Subway, a drive-thru Starbucks, and Jimmy O’s Bar & Grille. These existing uses provide a varied tenant mix within the center.

Key Highlights

  • 1,000 SF first‑floor suite identified as Unit 101
  • Previously operated as a chiropractor’s office for many years
  • Located in a fully occupied town center

Property Analytics

Current Use

Be Well Chiropractic ... Alternative Medicine Practice Patricia Rudofski EA Tax Preparation Adkins Brothers Garage ... Building Supply Kristin Bell Counselor Doorway 11 Alternative Medicine Practice

Suggested Use

Top Pick Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Parking Lot & Garage Grocery & Convenience Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,038
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60423, IL

32,784
Population
11,494
Households
2.9
Avg Household Size
42
Median Age
48%
College-Educated
97%
High-School Grad
37.9 sq mi
ZIP Area
865
Density / Sq Mi
$137,651
Median Household Income
$63,686
Median Earnings
$1,455
Median Rent
$376,500
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Space is located in an occupied town center with fitness, dining, salon, and spa uses.
Where is this medical office space located?
The property is located at 20855 S Lagrange Rd Unit 101 Frankfort, IL.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: 1,000 SF first‑floor suite identified as Unit 101; Previously operated as a chiropractor’s office for many years; Located in a fully occupied town center
More about this property
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