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Frankfort, IL Office Spaces 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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Commercial Office Property
Updated: May 15
Commercial Office Property

219 N White Street, Frankfort, IL 60423

$1,850,000
0.50 AC lot
Year built: 2010
Central air cooling
Fireplace available
Wood and carpet flooring
Cable available
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Two-Story Office Building
Two-Story Office Building

9999 W Lincoln Highway, Frankfort, IL 60423

$1,200,000
1.15 AC lot

Brick office property with flexible multi-level buildout, private offices, open work areas, and a separately accessible second floor.

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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
Office Building with Separate Upper-Level Entrance
Office Building with Separate Upper-Level Entrance

9999 W Lincoln Hwy, Frankfort, IL 60423

$1,200,000
7,500 sqft

A flexible three-level layout includes private offices, shared work areas, and an independently accessible second floor.

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Frankfort Medical Office Building For Sale
Frankfort Medical Office Building For Sale

10043 Lincoln Hwy, Frankfort, IL 60423

$2,850,000
24,125 sqft

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

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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

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

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Professional Office Condo For Sale
Professional Office Condo For Sale

10331 W Lincoln Hwy, Frankfort, IL 60423

$385,000
3,132 sqft

Professional office condo with build-out potential in Frankfort, Illinois.

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Mixed-Use Property with Condos
Mixed-Use Property with Condos

219 N White Street, Frankfort, IL 60423

$1,850,000
3,406 sqft

Separately metered office and residential condominium units are currently leased within a professionally finished building.

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Office
Office

20635 Abbey Woods Ct, Frankfort, IL 60423

Contact for pricing
2,575 sqft

Office Units · 2,575 SF

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Based on your search, we've compiled 28 Potential Opportunities for your consideration. Besides 9 Active listings in Frankfort, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 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.

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

11504 183rd Pl NE, Orland Park, IL 60467

$409,900
1,994 sqft

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

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Mokena Commercial Property For Sale
Mokena Commercial Property For Sale

19150 S 88th Ave, Mokena, IL 60448

Contact for pricing
7,407 sqft

High-visibility commercial property in Mokena, Illinois, near major traffic routes.

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Renovated Office Condominium
Renovated Office Condominium

11520 183rd Place, Orland Park, IL 60467

$344,900
0.06 AC lot

Leased professional suite with three private offices, reception, kitchen, and open work area.

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Mokena Office Unit For Sale
Mokena Office Unit For Sale

9980 190th St, Mokena, IL 60448

Contact for pricing
1,990 sqft

Office unit with existing lease and convenient access.

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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.

Frankfort Land For Sale
Frankfort Land For Sale

10850 W Laraway Road, Frankfort, IL 60423

$500,000
4.10 AC lot

4.1 acre commercial land available in Frankfort, Illinois.

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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 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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Commercial Land Near Metra
Commercial Land Near Metra

19099 Hickory Creek Drive, Mokena, IL 60448

$50,000
0.55 AC lot

A compact commercial parcel with water available and direct access to established regional transportation connections.

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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.

19350 Harlem Ave
Office Spaces

19350 Harlem Ave, Frankfort, IL 60423

Estimated value: by Request
12,053 sqft 2.14 AC lot
View details
20901 La Grange Rd
Individual retail properties

20901 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
7948 Lincoln Hwy
Office Spaces

7948 Lincoln Hwy, Frankfort, IL 60423

Estimated value: by Request
8,000 sqft 2.00 AC lot
View details

Frankfort, IL Office Spaces Market Trends and Statistics

Explore 20 office spaces for sale in Frankfort, IL, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 45,538 square feet of properties for sale, with an estimated market value of $17,235,000.

Sale prices for office spaces in Frankfort, IL start at $385,000, averaging $2,154,375, 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 11
Medical Office Space 6
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 $2.2M

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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