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    23036 Pinehurst Dr Frankfort, IL 60423

    Sponsored
    For Sale
    Contact for pricing

    High-traffic corner lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 2.65-acre commercial land parcel presents a rare opportunity for investors and developers. Situated on the hard corner of US-45 and West Steger Road in Frankfort, Illinois, this property boasts unparalleled visibility and accessibility within the Chicago Metropolitan Statistical Area. The site is zoned C-2 Local Commercial, allowing for a wide range of development possibilities. Its location in Will County, Illinois, offers convenient access to major transportation arteries, ensuring high traffic volume and excellent exposure for any commercial venture. The address is 23036 Pinehurst Drive, Frankfort, IL 60423, with GPS coordinates 41.47002514 latitude and -87.88240235 longitude. This prime location, combined with its substantial size and favorable zoning, makes this property an exceptional investment opportunity. The property is being offered for sale by owner and is ready for immediate development. Serious inquiries are encouraged. Don't miss this chance to secure a highly visible and strategically located commercial property in a thriving market.

    Property Features for 23036 Pinehurst Dr

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • High‑visibility 2.65‑acre commercial land parcel at the northeast corner of US‑45 and West Steger Road, Frankfort, IL.
    • Located in Will County, Illinois.
    • C‑2 Local Commercial zoning.
    • Approximately 2.65 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Hair Salon Clothing Store Gym & Fitness Kitchen & Bath Hotel & Motel Convenience Store Acupuncture Plumbing Service Pet Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Frankfort
    County
    Will
    State
    Illinois
    Longitude
    -87.88240235
    Latitude
    41.47002514

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, ideal for development.
    Where is this land located?
    The property is located at 23036 Pinehurst Dr Frankfort, IL.
    What are key features of this property?
    This property features: High-visibility 2.65-acre commercial land parcel at the northeast corner of US-45 and West Steger Road, Frankfort, IL.; Located in Will County, Illinois.; C-2 Local Commercial zoning.
    Request Owner's contact information
    23036 Pinehurst Dr Frankfort, IL 60423
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    Frankfort, IL 60423
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    23036 Pinehurst Dr Frankfort, IL 60423
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