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    20550 La Grange Rd Frankfort, IL 60423

    Sponsored
    For Lease
    $168 SF/Yr

    Prime Frankfort location, multiple suites available.

    Lot size:
    24,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional office space, located at 20550 LaGrange Rd in Frankfort, Illinois, 60423, offers a fantastic opportunity for businesses of all sizes. The property, built in 2002, is a three-story building totaling 24,000 square feet and features a traditional office layout. Currently, there are multiple suites available, ranging in size from 275 square feet to 3,000 square feet, providing flexibility for various business needs. The building boasts ample parking with 98 spaces available for tenants and their clients. The property's zoning classification requires verification with the village of Frankfort. This location provides excellent visibility and accessibility, making it an ideal choice for businesses seeking maximum exposure within a thriving community. The address is easily accessible from LaGrange Road, ensuring convenient access for employees and clients alike. This is a rare opportunity to secure office space in a well-maintained building with ample parking in a desirable location. Don't miss out on this chance to establish or expand your business in a vibrant and accessible area. Contact us today to learn more about available suites and lease terms.

    Property Features for 20550 La Grange Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,000 SF
    Total Rate
    336000

    Building Details

    Year Built
    2002
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    LL-001
    Size
    275 SF
    Space
    LL-101
    Size
    3,000 SF
    Rate per SF
    $168

    HighLights

    • 24,000 SF three‑story office building in Frankfort, IL.
    • Multiple suites available, ranging from 275 SF to 3,000 SF.
    • Ample parking with 98 spaces.
    • High‑visibility location on LaGrange Road, near popular restaurants and the Frankfort Police Department.
    • Built in 2002.
    Property Profile Location Intelligence

    Current Use by Public Records

    Shulman Zale Legal ... Attorney Dupage Clinical Counseling ... Counselor Kenosha Prater, MA, ... Counselor Dr. Ericka Swanson Psychologist Portrait Health Centers Mental Health Clinic

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Frankfort
    County
    Will
    State
    Illinois
    Longitude
    -87.8518294
    Latitude
    41.5177568

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Frankfort location, multiple suites available.
    Where is this office property / space located?
    The property is located at 20550 La Grange Rd Frankfort, IL.
    What is the lease rate?
    The lease rate is $0.00-$168 SF/Yr.
    What are key features of this property?
    This property features: 24,000 SF three-story office building in Frankfort, IL.; Multiple suites available, ranging from 275 SF to 3,000 SF.; Ample parking with 98 spaces.
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    20550 La Grange Rd 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
    20550 La Grange Rd Frankfort, IL 60423
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