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Commercial Land at Signalized Intersection
For Sale
$595,000

21000 S Frankfort Square Road, Frankfort, IL 60423

B-2 zoning and a build-to-suit option support commercial development on this Route 30 parcel.

Property SizeContact for details
Days on Market318

Property Features for 21000 S Frankfort Square Road

General Information

Standard status Active
Property subtype LAND

Taxes and HOA fees

Annual Taxes $3,043
Listing Agency: Olivieri Real Estate LLC
Listed By: Jacqueline Montvidas · License #475138574
Source: Purveyproperties
Added: Dec 20, 2025 Changed: Oct 31 Last Checked: Oct 31 at 3:33AM

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

Rey
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Investment Insights

Based on property information with market context.

This 0.96-acre commercial land parcel has 223 feet of frontage on Route 30, also known as Lincoln Highway. B-2 zoning is in place, and the site was previously approved for a fast-food drive-through. A build-to-suit arrangement is available for a new facility.

The property fronts the signalized intersection of Route 30 and Frankfort Square Road in Frankfort, within an established retail corridor.

Key Highlights

  • 0.96‑acre commercial parcel
  • 223 feet of frontage on Route 30 (Lincoln Highway)
  • B‑2 zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Restaurant Big Box & Wholesale Store Auto Repair Shop Law Firm Auto Parts Store Spa & Massage 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.

Location Intelligence

Trade Area within ½ mile

331
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - B-2 zoning and a build-to-suit option support commercial development on this Route 30 parcel.
Where is this commercial land located?
The property is located at 21000 S Frankfort Square Road Frankfort, IL.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 0.96‑acre commercial parcel; 223 feet of frontage on Route 30 (Lincoln Highway); B‑2 zoning
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