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20550 LaGrange Rd, Frankfort, IL 60423

Prime location for maximum exposure and easy accessibility.

Space Size225 SF
Property Size24,000 SF
Days on Market997

Property Features for 20550 LaGrange Rd

General Information

Standard status Active
Size 225 SF
Total Parking Spaces 98
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 24,000 SF
Year Built 2002
Tenancy Multiple

Spaces For Lease

at 20550 LaGrange Rd Contact us

LL-002

Size
225 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

LL - 003

Size
225 SF
Type
Office
Availability
Active
Contact us
Listing Agency: Olivieri Real Estate LLC
Listed By: Jackie Montvidas · License #IL 705768
Source: Crexi
Added: Dec 13, 2023 Changed: Aug 23 Last Checked: Sep 3 at 12:26PM

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 Olivieri Real Estate LLC

Investment Insights

Based on property information with market context.

This commercial real estate offers office units and spaces for rent. The property's location is intended to provide maximum exposure and easy accessibility for businesses, whether launching a new venture or expanding an existing one. It is positioned in a location that aims to be at the heart of a thriving community.

Key Highlights

  • Prime location guarantees maximum exposure.
  • Easy accessibility.
  • Rare opportunity.

Property Analytics

Current Use

Shulman Zale Legal ... Law Firm Dupage Clinical Counseling ... Counselor Kenosha Prater, MA, ... Counselor Dr. Ericka Swanson Physician Portrait Health Centers Medical Clinic

Suggested Use

Top Pick Big Box & Wholesale Store Garden Center Parking Lot & Garage Auto Parts Store Carpet & Flooring Store (Bike/Boat/Book/etc) 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.

Lease Details

NNN (Triple Net)
Lease Type
$25.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

704
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

Lease Benchmarks for Frankfort, IL

$14.41 /SF/Yr
Avg Asking Price
$11–$18.9 /SF/Yr
Price Range
2,213 SF
Avg Space Size

This space is priced 1066% above the average of $14.41 /SF/Yr.

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Prime location for maximum exposure and easy accessibility.
Where is this office units located?
The property is located at 20550 LaGrange Rd Frankfort, IL.
What is the lease rate?
The lease rate is $168 SF/Yr.
What are key features of this property?
This property features: Prime location guarantees maximum exposure.; Easy accessibility.; Rare opportunity.
More about this property
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