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Frankfort, IL Office Buildings for Sale

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Matteson, IL Mokena, IL New Lenox, IL Tinley Park, IL Orland Park, IL Monee, IL Manhattan, IL Richton Park, IL
Two-Story Office Building
Updated: Apr 18, 2024
Two-Story Office Building

9999 W Lincoln Highway, Frankfort, IL 60423

$1,200,000
1.15 AC lot
2007 brick office building on 1.1478 acres
First floor includes reception area, 6 private offices, open workstations, conference room, copy room, 2 bathrooms, and elevator
Second floor has a separate entrance and 3 private offices
Mostly finished full basement with 3 offices, kitchen, bathroom, conference room, computer room, and storage
Central air with zoned cooling
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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
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.

All-Brick One-Story Office Building
All-Brick One-Story Office Building

17236 Harlem Ave, Tinley Park, IL 60477

$775,000
4,746 sqft

All-brick one-story office building with four leased suite offices and 18 parking spots.

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Standalone Office Building
Standalone Office Building

23060 Cicero Ave, Richton Park, IL 60471

$90,000
3,690 sqft 0.85 AC lot

Two-story brick office property with basement storage, onsite parking, and C-1 Community Commercial zoning.

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Standalone Two-Story Office Building
Standalone Two-Story Office Building

23060 Cicero Avenue, Richton Park, IL 60471

$90,000
0.85 AC lot

Brick commercial property with basement storage, central air, dedicated parking, and access to Interstate 57.

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Single-Story Office Building For Sale
Single-Story Office Building For Sale

18501 Maple Creek Dr, Tinley Park, IL 60477

Contact for pricing
38,079 sqft

Single-story office building in Tinley Park, Illinois, 100% leased.

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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.

Commercial Land Corner Lot
Commercial Land Corner Lot

McGovney Street lot: 7 Block 3 Mcgovney, Mokena, IL 60448

$135,000
0.28 AC lot

Vacant commercial parcel with Wolf Road exposure, water available, and proximity to Mokena’s downtown train station.

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Land in Tinley Park, IL
Land in Tinley Park, IL

16750 Harlem Avenue, Tinley Park, IL 60477

$579,000
1.01 AC lot

Commercial land available for sale in Tinley Park, Illinois.

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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.

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Vacant Land in Booming District
Vacant Land in Booming District

11906 S CICERO Avenue, Alsip, IL 60803

$225,000
0.30 AC lot

Vacant land ideal for retail, office, or restaurant development.

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Frankfort, IL Office Buildings Market Trends and Statistics

Explore 1 office buildings for sale in Frankfort, IL on our real estate platform.

Sale prices for office properties in Frankfort, IL average $1,200,000 — 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 11
Medical Office Space 6
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 $1.2M

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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