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Office Building for Lease
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Frankfort, IL 60423, Frankfort, IL 60423

Commercial Lease, Frankfort, IL

Space SizeContact for details
Days on Market196

Property Features

General Information

Property type Commercial Lease
Property subtype Office
Zoning INDUS
Subdivision Frankfort
Standard status Active

Utilities

Utilities Water Available
Cooling system Central Air

Building Details

Year built 1974
Floors in Building 1
Number of units 1
Flooring type Tile, Carpet
Building materials Block, Brick
Roof type Composition
Listing Agency: Keller Williams Infinity · Keller Williams Realty
Listed By: Julie Oswald · License #475139632
Added: Apr 2 Changed: Oct 8 Last Checked: Oct 14 at 1:06PM
MLS# 12589468

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This for-lease office building offers a commercial workspace option within an INDUS zoning designation. The listing is presented as office space and office building inventory, suitable for users looking for an office setup under industrial zoning parameters.

The property is located at 1018 Lambrecht Drive in Frankfort, Illinois 60423, in Will County. For tenants or brokers evaluating site fit, zoning and office-building configuration are key considerations based on the information provided.

Key Highlights

  • Block and brick construction
  • Central air cooling
  • Roof is composition shingle

Property Analytics

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Current Use

Office buildings

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

236
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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
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Frequently Asked Questions

What type of property is this?
Office building - Industrial-zoned office property available for lease at 1018 Lambrecht Drive in Frankfort, IL 60423.
Where is this office building located?
The property is located at Frankfort, IL.
What are key features of this property?
This property features: Block and brick construction; Central air cooling; Roof is composition shingle
More about this property
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