Medical Premises

Frankfort, IL Medical Office Space for Sale

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Mokena, IL New Lenox, IL Matteson, IL Tinley Park, IL Orland Park, IL Monee, IL Richton Park, IL Manhattan, IL
Turn-Key Medical & Wellness Building
Updated: May 5
Turn-Key Medical & Wellness Building

11240 W Laraway Road, Frankfort, IL 60423

$3,950,000
0.82 AC lot
Turn‑key 4,800 SF medical/wellness building completed in 2024.
Move‑in ready with a sophisticated build‑out ideal for medical, dental, or aesthetic practices.
Expansive lot with 24 parking spaces and high‑visibility frontage on Laraway Rd.
High‑end infrastructure with 120V/220V power, central air, and versatile heating system (forced air, gas, and steam).
Includes luxury locker rooms, showers, and a professional reception area.
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Turn-Key Medical Spa Building
Updated: May 5
Turn-Key Medical Spa Building

11240 W Laraway Road, Frankfort, IL 60423

Contact for pricing
4,800 sqft
4,800 SF freestanding 1‑story medical/wellness building completed in 2024 and currently designed for med‑spa use
Move‑in ready layout with specialized zones for clinical and wellness services
Fully sprinklered facility with B2 commercial zoning
High‑end infrastructure includes 120V/220V power, central air, and heating options (forced air, gas, and steam)
Patient amenities include luxury locker rooms with showers and a professional reception area
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Frankfort Medical Office Building For Sale
Frankfort Medical Office Building For Sale

10043 Lincoln Highway, Frankfort, IL 60423

$2,850,000
24,125 sqft 1.64 AC lot

Three-story medical office building with national tenant and available space.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 3 Active listings in Frankfort, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Flexible Flex Space with Open Layout
Flexible Flex Space with Open Layout

6363 W Lincoln Highway, Matteson, IL 60443

$515,000
0.44 AC lot

Adaptable commercial interior with multiple rooms, skylit gathering area, restroom, and upgraded electrical capacity.

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Corner-Lot Retail Space
Corner-Lot Retail Space

6363 W Lincoln Highway, Matteson, IL 60443

$515,000
0.44 AC lot

Open commercial layout with adjoining rooms, skylit space, an existing restroom, and upgraded electrical service.

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Office Condo End-Unit
Office Condo End-Unit

11504 183rd Place #NE, Orland Park, IL 60467

$409,900

Move-in-ready end-unit office condo with large windows, hardwood floors, and flexible open studios previously used for dance.

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Turn-Key Medical Office Space
Turn-Key Medical Office Space

16621 107th St, Orland Park, IL

Contact for pricing
11,400 sqft 1.09 AC lot

Well-equipped medical office in established Winterset Medical Park.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Mokena Commercial Land Opportunity
Mokena Commercial Land Opportunity

Lot 16 191st Street, Mokena, IL 60448

$1,275,000
8.57 AC lot

Prime commercial land available in Mokena's 'Great Corridor'.

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Crestwood Commercial Lot on Cicero
Crestwood Commercial Lot on Cicero

14101 South Cicero Avenue, Crestwood, IL 60418

$749,900
1.00 AC lot

Prime commercial lot in Crestwood business district with high exposure.

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Westmont Commercial Land For Sale
Westmont Commercial Land For Sale

3920 N CASS Avenue, Westmont, IL 60559

$399,500
0.17 AC lot

Vacant lot suitable for commercial or residential development.

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Commercial Land with Road Frontage
Commercial Land with Road Frontage

2234 S Eola Road, Aurora, IL 60503

$475,000
1.06 AC lot

COMMR-zoned commercial land positioned between established retail and banking uses.

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Off-Market Properties in Frankfort, IL

Consider similar Off-Market properties in Frankfort, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

20646 Abbey Woods Ct
Office Units

20646 Abbey Woods Ct, Frankfort, IL 60423

Value Estimation by Request
View details
19973-19991 La Grange Rd
Restaurants

19973-19991 La Grange Rd, Frankfort, IL 60423

Value Estimation by Request
View details
19943-19959 La Grange Rd
Restaurants

19943-19959 La Grange Rd, Frankfort, IL 60423

Value Estimation by Request
15,531 sqft
View details
20624 Abbey Woods Ct
Office Units

20624 Abbey Woods Ct, Frankfort, IL 60423

Value Estimation by Request
30,521 sqft
View details
20646 Abbey Woods Ct
Office Units

20646 Abbey Woods Ct, Frankfort, IL 60423

Value Estimation by Request
View details

Frankfort, IL Medical Office Space Market Trends and Statistics

Explore 8 medical office space for sale in Frankfort, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 28,925 square feet of properties for sale, with an estimated market value of $6,800,000.

Sale prices for medical spaces in Frankfort, IL start at $2,850,000, averaging $3,400,000, and reaching up to $3,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 21
Medical Office Space 7
Office buildings 3
Coworking space 1

Demographics Overview

Population 33K
Population Growth (5Y) +6.1%
Median Household Income $137,651
College Educated 67.6%

High-Yield Neighborhoods for Investment

Identify Frankfort submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60423 $3.4M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Will County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Frankfort fall within the 50,000 to 100,000 square foot range.

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