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Mixed-Use Property with Condos
For Sale
$1,950,000

219 N White Street, Frankfort, IL 60423

Separately metered office and residential condominium units are currently leased within a professionally finished building.

Property Size8,410 SF
Price / SF$572.52
Days on Market106

Property Features for 219 N White Street

General Information

Standard status Active
Size 8,410 SF
Total Parking Spaces 25
Zoning COMMR
Occupancy 100%
Net Operating Income $109,849

Units

Multifamily Units 3
Office Units 2

Additional Details

Floor Main Level
Utilities to Site Yes
Sprinkler System Yes

Taxes and HOA fees

Annual Taxes $31,651

Amenities

Conference Room
Full Kitchen/Employee Lounge
Computer Server Room
Electric Car Charging Station
Communal Waste Enclosure
Private Rear Yard Area
Exterior Employee Outdoor Break Area
Irrigation System
Central Air

Building Details

Building Size 8,410 SF
Year Built 2010
Buildings 1
Stories 2
Tenancy Single
Listing Agency: RE/MAX 10
Listed By: Kelly Ryan · License #471004666
Source: Evrealestate
Added: May 17 Changed: Aug 29 Last Checked: Jun 2 at 5:48PM

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 RE/MAX 10

Investment Insights

Based on property information with market context.

This mixed-use condominium property combines a 3,406-square-foot office component with three residential condos. The office occupies the main level and includes nine private offices, reception and workstation areas, a conference room, kitchen and employee lounge, server/storage space, two private bathrooms, four entrances and exits, and 10-foot ceilings. Oversized windows provide views from the work areas, while the building’s commercial and residential components have separate utilities.

The residential units range from 959 to 1,254 square feet and include balconies, hardwood flooring, crown molding, solid-panel doors, granite kitchen finishes, stainless steel appliances, ceramic-tiled showers, and separate laundry. Each unit has a deeded one-car garage and one assigned parking space. The property includes 25 parking stalls, an electric vehicle charging station, a private rear yard, an exterior employee break area, irrigation, and a communal waste enclosure. Built in 2010, the building received a new roof in 2025 and has a fire sprinkler system. Zoning is COMMR.

Key Highlights

  • Mixed‑use condominium property with a 3,406 SF office and 3 residential condos
  • Three residential units ranging from 959 SF to 1,254 SF
  • 25 parking stalls plus deeded one‑car garages and assigned parking for the residences

Property Analytics

Current Use

Evertree Insurance Insurance Agency MyAutoHome.Insure Insurance Agency

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Auto Parts Store Garden Center Storage Facility Barber Shop

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

2
Office units
3
Residential units
100%
Occupancy
Single-tenant
Tenancy
Yes
Sprinkler system
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

973
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

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Separately metered office and residential condominium units are currently leased within a professionally finished building.
Where is this mixed-use property located?
The property is located at 219 N White Street Frankfort, IL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Mixed‑use condominium property with a 3,406 SF office and 3 residential condos; Three residential units ranging from 959 SF to 1,254 SF; 25 parking stalls plus deeded one‑car garages and assigned parking for the residences
More about this property
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