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Medical Office Suite with Mall Anchor
For Lease
$11 SF/Yr

20855 S LaGrange Road #101, Frankfort, IL 60423

First-floor space in a fully occupied center with fitness, dining, salon, and wellness-oriented tenants.

Space Size1,000 SF
Days on Market32

Property Features for 20855 S LaGrange Road #101

General Information

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

Space & Availability

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

Building Details

Year Built 1987
Stories 2
Listing Agency: GMC Realty LTD
Listed By: Albert Presco · License #475127634
Source: Ozmentrealestate
Added: Jul 20 Changed: Aug 16 Last Checked: Aug 20 at 2:51PM

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 provides 1,000 square feet on the first floor of the Frankfort Town Center mall. The space previously operated as a chiropractic office for many years and is classified under COMMR zoning. The property was built in 1987.

The center is anchored by Planet Fitness and includes Jeffrey LaMorte Salon and Day Spa, Salt Cave, Subway, a drive-through Starbucks, and Jimmy O’s Bar & Grille. The surrounding tenant mix creates an established commercial setting for a medical office user at 20855 S LaGrange Road in Frankfort, Illinois.

Key Highlights

  • 1,000 SF first‑floor Suite 101
  • Previously operated as a chiropractic office for many years
  • Located in Frankfort Town Center mall

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
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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - First-floor space in a fully occupied center with fitness, dining, salon, and wellness-oriented tenants.
Where is this medical office space located?
The property is located at 20855 S LaGrange Road #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 101; Previously operated as a chiropractic office for many years; Located in Frankfort Town Center mall
More about this property
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