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Development Site with Interstate Access
For Sale
$799,000

300 E Laraway Road, Frankfort, IL 60423

Nearly four-acre development site with easy access to I-57 and I-80.

Property SizeContact for details
Lot Size3.93 Acres
Days on Market55

Property Features for 300 E Laraway Road

General Information

Standard status Active
Lot size 3.93 Acres
Property subtype Land

Site & Location

Highway Access Yes
Road Access Yes
Listed By: Jeffrey Galante, SIOR
Source: Lee-associates
Added: Jul 13 Changed: Sep 4 Last Checked: Sep 5 at 5:10AM

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 Jeffrey Galante, SIOR

Investment Insights

Based on property information with market context.

This 3.93-acre development site is offered for sale and positioned for straightforward access to major interstate routes. The property is identified as a specialty/other specialty commercial real estate offering, suitable for parties evaluating a ground-up development opportunity.

The site is located on E. Laraway Road in Frankfort, Illinois, with easy access to both I-57 and I-80, supporting convenient regional connectivity.

The offering is centered on the development parcel itself, with the stated acreage and interstate access serving as the primary practical attributes for planning and site selection.

Key Highlights

  • 3.93‑acre development site
  • Easy access to I‑57 and I‑80
  • Located on E. Laraway Road in Frankfort, IL

Property Analytics

Current Use

Specialty properties

Suggested Use

Top Pick Restaurant Garden Center Grocery & Convenience Store Spa & Massage Center Locksmith Bakery

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

334
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Specialty property - Nearly four-acre development site with easy access to I-57 and I-80.
Where is this specialty property located?
The property is located at 300 E Laraway Road Frankfort, IL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 3.93‑acre development site; Easy access to I‑57 and I‑80; Located on E. Laraway Road in Frankfort, IL
More about this property
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