Medical Premises

Frankfort, IL Medical Office Space for Sale

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Freestanding Spa & Wellness Property
Updated: May 5
Freestanding Spa & Wellness Property

11240 W Laraway Road, Frankfort, IL 60423

$3,950,000
0.82 AC lot
4,800 SF freestanding spa and wellness building
Completed in 2024 with a one‑story layout
Existing clinical and wellness build‑out with locker rooms and showers
120V/220V power, central air, forced air, gas, and steam heating
0.82‑acre site with 24 parking spaces
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Frankfort Medical Office Building For Sale
Updated: Mar 26
Frankfort Medical Office Building For Sale

10043 Lincoln Hwy, Frankfort, IL 60423

$2,850,000
24,125 sqft
Prime location off Rt. 30, west of LaGrange Road in Frankfort, with high visibility and easy access to I‑80 and I‑57.
Strong national tenant occupies the entire 1st floor (8,782 SF) with 5+ years remaining on their lease.
Significant recent improvements: New Roof (2021), New Parking Lot (2022), and New HVAC units (2023).
Available space on the 2nd Floor (3,395 SF - 6,790 SF) and Lower Level (8,782 SF) for immediate occupancy.
Total building size of 24,125 SF across 3 levels.
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Freestanding Spa & Wellness Building
Freestanding Spa & Wellness Building

11240 W Laraway Rd, Frankfort, IL 60423

$3,950,000
4,800 sqft  Built 2024

Modern single-story facility with clinical areas, wellness amenities, parking, and commercial zoning.

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See hot listings in Frankfort

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
3 active listings match your search: Medical Office for sale in Frankfort, IL. Based on your search, we've also compiled 10 Potential Opportunities for your consideration: 4 properties in nearby cities, 5 off-market properties to explore as potential leads, and 1 land listing with development potential.

Opportunities in Nearby Cities

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

End-Unit Office Condo with Two Studios
End-Unit Office Condo with Two Studios

11504 183rd Pl NE, Orland Park, IL 60467

$409,900
7–13 people  1,994 sqft  Built 2002

End-unit office condo in a business center with two studios, hardwood floors, and large windows for natural light.

Wall-to-wall mirrors  Ballet barres  Professional sound systems with built-in speakers  Hardwood floors  Large windows
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Office Building With Private Offices
Office Building With Private Offices

6871 171st Street, Tinley Park, IL 60477

$425,000
1,700 sqft  Built 1974  1 building  0.03 acres

Brick professional office with dedicated parking and multiple functional work areas.

Furnished  14 spaces
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Medical Office Building with Parking
Medical Office Building with Parking

6871 171st Street, Tinley Park, IL 60477

Contact for pricing
1,700 sqft  1 building  Built 1974

Zoned OFFIC with a professional layout that includes private offices, reception space, work area, and a lunchroom.

14 parking spaces
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Medical Center with 23 Exam Rooms
Medical Center with 23 Exam Rooms

16621 107th St, Orland Park, IL 60467

Contact for pricing
11,400 sqft

Built-out healthcare facility with treatment, triage, imaging, clinical support, and physician office areas.

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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.

Crestwood Commercial Lot on Cicero
Crestwood Commercial Lot on Cicero

14101 S CICERO AVE, Crestwood, IL 60445

Country Aire
Contact for pricing
1 acre

Prime commercial lot in Crestwood business district with high exposure.

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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

Estimated value: by Request
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19973-19991 La Grange Rd
Restaurants

19973-19991 La Grange Rd, Frankfort, IL 60423

Estimated value: by Request
View details
19943-19959 La Grange Rd
Restaurants

19943-19959 La Grange Rd, Frankfort, IL 60423

Estimated value: by Request
15,531 sqft
View details
20624 Abbey Woods Ct
Office Units

20624 Abbey Woods Ct, Frankfort, IL 60423

Estimated value: by Request
30,521 sqft
View details
20646 Abbey Woods Ct
Office Units

20646 Abbey Woods Ct, Frankfort, IL 60423

Estimated value: 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 $10,750,000.

Sale prices for medical spaces in Frankfort, IL start at $2,850,000, averaging $3,583,333, 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 7
Medical Office Space 5
Office buildings 2
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 $3.6M

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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