Frankfort Farmland with
For Sale
$849,900
9815 W Laraway Road, Frankfort, IL 60423
21 acres with warehouse, ideal for small business.
Property Size2,500 SF
Lot Size20.09 Acres
Price / SF$339.96
Days on Market857
Property Features for 9815 W Laraway Road
General Information
Standard status
Active
Size
2,500 SF
Lot size
20.09 Acres
Property subtype
Commercial/Industrial
Taxes and HOA fees
Annual Taxes
$5,532
Building Details
Year Built
2003
Listing Agency:
Coldwell Banker Realty
(708) 205-8703
Listed By:
Charles Groebe · License #475091121
(708) 205-8703
Source:
Exitrealty
Added: Apr 6, 2024
Changed: Aug 8
Last Checked: Aug 8 at 6:23AM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This property features 21 acres of farmland in Frankfort, improved with access to Laraway Road near Center Road. A 2,500 square foot warehouse includes two large overhead doors and ample parking. The front acreage has two outbuildings and raised land. The heated warehouse includes two handicapped bathrooms and heated floors. This property is suitable for a small business, with potential for future development of the 21 acres to the rear. A Com Ed easement separates the back 11.25 acres, but it is accessible over the easement. The location provides convenient access to I-57, LaGrange Road, and I-355.
Key Highlights
- 21 acres of prime farmland with development potential
- 2,500 sf heated warehouse with 2 large overhead doors and heated floors, plus ample parking
- Excellent location near I‑57, LaGrange Road, and I‑355
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
64
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
Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Farm - 21 acres with warehouse, ideal for small business.
Where is this farm located?
The property is located at 9815 W Laraway Road Frankfort, IL.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: 21 acres of prime farmland with development potential; 2,500 sf heated warehouse with 2 large overhead doors and heated floors, plus ample parking; Excellent location near I‑57, LaGrange Road, and I‑355
