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    19915 La Grange Rd Frankfort, IL 60423

    Sponsored
    For Sale
    $2,900,000

    7,200 SF Auto Shop/Storefront

    Property size:
    7,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7,200 square foot commercial building, situated on a one-acre lot in Frankfort, Illinois, presents a rare investment opportunity. Built in 1993, this single-story structure boasts a spacious showroom with radiant heated floors and a 4,200 square foot warehouse/service area featuring three overhead doors. The property is zoned C-4, with allowances for C3, C2, and C1 uses without requiring a special use permit. Its prime location on a signalized corner at LaGrange and Laporte Roads, approximately one mile from the I-80 interchange, ensures high visibility and accessibility. The ample parking lot, accommodating over 100 vehicles, is fully curbed, paved, and well-lit. The property's strategic positioning near established retail businesses guarantees significant traffic flow and excellent signage opportunities. This versatile property is ideal for owner-users or investors seeking adaptable space, potentially for multiple tenants or a flagship business. The asking price is $2,900,000, translating to $402.78 per square foot. The property includes two PIN numbers and previously had approval for a 3,000 square foot building addition. Will County's favorable tax environment further enhances its appeal as a low-cost, high-reward investment. This property offers strong visibility, accessibility, and enduring value in a dynamic market.

    Property Features for 19915 La Grange Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    7,200 SF
    Lot Size
    43,560 SF

    Building Details

    Year Built
    1993
    Buildings
    1
    Stories
    1

    HighLights

    • Low taxes in Will County offer high ROI potential.
    • Property includes two PIN numbers and prior approval for a 3,000 SF building addition.
    • Strong visibility, accessibility, and enduring value create a desirable location for single or multi‑tenant occupancy.
    • Exceptional growth potential makes this a prime investment opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    C & E Auto ... Auto Repair Shop Frankfort Auto Haus Used Car Dealer Malone's Garage Auto Repair Shop Simple Interlock Safety Equipment Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -87.849548503253
    Latitude
    41.527987024703

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    FAQs

    What type of property is this?
    Individual retail property - 7,200 SF Auto Shop/Storefront
    Where is this individual retail property located?
    The property is located at 19915 La Grange Rd Frankfort, IL.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: Low taxes in Will County offer high ROI potential.; Property includes two PIN numbers and prior approval for a 3,000 SF building addition.; Strong visibility, accessibility, and enduring value create a desirable location for single or multi-tenant occupancy.
    Request Owner's contact information
    19915 La Grange Rd 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
    19915 La Grange Rd Frankfort, IL 60423
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