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    Frankfort, IL
    Mixed-Use

    Frankfort, IL Mixed-use Properties for Sale

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    Mixed-Use Property with Condos
    Updated: May 17
    Mixed-Use Property with Condos

    219 N White Street, Frankfort, IL 60423

    $1,850,000
    3,406 sqft
    Mixed‑use condominium property with a 3,406 SF office and 3 residential condos
    Three residential units ranging from 959 SF to 1,254 SF
    25 parking stalls plus deeded one‑car garages and assigned parking for the residences
    Office layout includes 9 private offices, conference room, kitchen, lounge, and server/storage room
    New roof installed in 2025 with oversized gutters tied underground
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    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Frankfort, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Mixed-Use Building with High Ceilings
    Mixed-Use Building with High Ceilings

    18240 Harwood Ave, Homewood, IL 60430

    $699,900
    16,585 sqft 0.82 AC lot

    Bi-level masonry property with office, warehouse, loading, parking, and approved mixed-use redevelopment plans.

    View details
    Mixed-Use Building with Storefronts
    Mixed-Use Building with Storefronts

    130 E Lincoln Hwy, Chicago Heights, IL 60411

    $255,000
    4,800 sqft

    Two ground-floor business spaces are paired with a second-floor apartment in a single building.

    View details
    Masonry Mixed-Use Building
    Masonry Mixed-Use Building

    18240 Harwood Avenue, Homewood, IL 60430

    $699,900
    0.82 AC lot

    Bi-level commercial building with office, warehouse, loading, and approved mixed-use redevelopment plans.

    View details
    Mixed-Use Building with Storefronts
    Mixed-Use Building with Storefronts

    130 E Lincoln Highway, Chicago Heights, IL 60411

    $255,000
    0.13 AC lot

    Street-level commercial space is paired with a second-floor apartment for an integrated live-work property.

    View details

    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.

    Frankfort Land for Mixed-Use Development
    Frankfort Land for Mixed-Use Development

    795 Center Road, Frankfort, IL 60423

    Contact for pricing
    11.00 AC lot

    Approximately 11 acres of land for mixed-use development.

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    Commercial Development Land
    Commercial Development Land

    19611 Crawford Avenue, Flossmoor, IL 60422

    $399,800
    2.53 AC lot

    Commercially zoned acreage near established businesses, schools, residential neighborhoods, and commuter routes.

    View details
    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    12649 W 159th Street, Homer Glen, IL 60491

    $2,149,900
    16.05 AC lot

    Large commercial land tract with dual-road access and split C-3 and A-2 zoning.

    View details
    Commercial Corner Lot
    Commercial Corner Lot

    4031 147th Street, Midlothian, IL 60445

    $119,900

    Commercial land with natural gas availability in the Midlothian business district.

    View details

    Frankfort, IL Mixed-Use Properties Market Trends and Statistics

    Explore 1 mixed-use properties for sale in Frankfort, IL on our real estate platform. These investment opportunities span a total of 3,406 square feet of properties for sale, with an estimated market value of $1,850,000.

    Sale prices for multi use buildings in Frankfort, IL average $1,850,000 — 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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    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 $1.9M

    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.

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Frankfort, IL

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    Featured Frankfort Real Estate Agencies

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    Village Realty
    20950 S. Frankfort Square Rd, Unit C Frankfort, IL 60423
    Phone: 17084781212
    vrsrealty.com
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