Upscale Golf Course Community
For Sale
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W Fairway Lakes Dr, Frankfort, IL 60423
60-lot single-family home community in Frankfort, Illinois.
Property SizeContact for details
Lot Size77.38 Acres
Days on Market809
Property Features for W Fairway Lakes Dr
General Information
Standard status
Active
Lot size
77.38 Acres
Property subtype
Land
Zoning
Residential PUD
Listing Agency:
eXp Commercial LLC
(630) 474-6441
Listed By:
Randolph Taylor · License #475.142701
Source:
Crexi
Added: Jun 5, 2024
Changed: Aug 8
Last Checked: Aug 8 at 11:18AM
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 eXp Commercial LLC
Investment Insights
Based on property information with market context.
This 77.38-acre site, Fairway Lakes Estates, is an upscale 60-lot single-family home community located in Frankfort, Will County, Illinois. The property is positioned at the northwest corner of 88th Avenue and Bruns Road, offering public sewer and water services. The subdivision was partially developed, with some infrastructure complete. Site improvements include paved roadways, some utility hookups, and assigned individual PINs for each lot. The subject property is previously platted and approved for the Fairway Lakes Estates subdivision, with plans for 60 lots to be developed in two phases. The lots range in size from 22,035 square feet to 33,749 square feet and average 24,679 square feet. 33 lots will be interior lots with typical residential views, 14 lots will have pond views, and 13 lots will have golf course views. Adjacent to the Green Garden Country Club and Golf Course, the development promises scenic golf course views and potential access to exclusive golfing privileges. Green Garden Country Club features two 18-hole courses and a 9-hole course. The Blue Course is known for its wooded areas and elevated greens, the Gold Course for its wide fairways and water features, and the Links Course for its rolling mounds and fescue grasses. Fairway Lakes Estates is located in a desirable southwest suburb of Chicago, approximately 35 miles from the city. The location provides convenient access to the Chicago metropolitan area and benefits from proximity to major highways like I-57 and I-80 and the Metra SouthWest Service commuter rail line.
Key Highlights
- Upscale 60‑lot single‑family home community adjacent to Green Garden Country Club and Golf Course, offering potential golf course views and access
- Prime 77.38‑acre site in Frankfort, a desirable southwest suburb of Chicago, with strong market demand (median sales price of $504,911 and homes averaging 25 days on the market)
- Convenient access to Chicago metropolitan area via major highways (I‑57 and I‑80) and Metra SouthWest Service commuter rail line
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
236
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 60-lot single-family home community in Frankfort, Illinois.
Where is this residential land & home lot located?
The property is located at W Fairway Lakes Dr Frankfort, IL.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: Upscale 60‑lot single‑family home community adjacent to Green Garden Country Club and Golf Course, offering potential golf course views and access; Prime 77.38‑acre site in Frankfort, a desirable southwest suburb of Chicago, with strong market demand (median sales price of $504,911 and homes averaging 25 days on the market); Convenient access to Chicago metropolitan area via major highways (I‑57 and I‑80) and Metra SouthWest Service commuter rail line
