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Specialty Property in 55+ Community

22705 S Ravisloe Ln, Frankfort, IL 60423

For Sale
$80,000

The home includes recently replaced heating and cooling equipment, with cosmetic updates remaining.

Property SizeContact for details
Days on Market10

Property Features for 22705 S Ravisloe Ln

General Information

Standard status Active
Property subtype Manufactured In Park

Property Condition

Severity Repairs Needed
Evidence cosmetic finishes

Additional Details

Asking Price $80,000
Listing Agency: Village Realty, Inc.
Listed By: Lauren Wronowski
Source: Exprealty
Added: Nov 5 Changed: Nov 12 Last Checked: Nov 12 at 2:23PM

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 Village Realty, Inc.

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Investment Insights

Based on property information with market context.

Located within Gateway, a 55+ community, this vacant home has been professionally cleaned and is ready for interior cosmetic work. Its furnace and central air conditioning were replaced in 2024. The refrigerator was installed in January 2025, and the stove dates to 2021.

Gateway offers residents a fishing pond, walking trails, and a clubhouse. The property is in Frankfort, minutes from the town’s downtown area.

Key Highlights

  • Furnace and central A/C replaced in 2024
  • Refrigerator installed in January 2025; stove updated in 2021
  • Vacant, cleaned interior with cosmetic work remaining

Property Analytics

Current Use

Specialty properties

Suggested Use

Top Pick Real Estate Agency Hair Salon Auto Repair Shop Parking Lot & Garage Spa & Massage Center Big Box & Wholesale Store

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

76
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

Properties on Market for Specialty properties in Will County

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Specialty property - The home includes recently replaced heating and cooling equipment, with cosmetic updates remaining.
Where is this specialty property located?
The property is located at 22705 S Ravisloe Ln Frankfort, IL.
What is the asking price?
The asking price for this property is $80,000.
What are key features of this property?
This property features: Furnace and central A/C replaced in 2024; Refrigerator installed in January 2025; stove updated in 2021; Vacant, cleaned interior with cosmetic work remaining
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