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Property profile & analytics
OFF-MARKET
Land

0 Laraway & Commerce Frankfort, IL 60423

1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional property, located at the intersection of Laraway Road and Commerce in Frankfort, Illinois (zip code 60423), presents a unique investment opportunity. The site offers a total of approximately 4.79 acres, priced at $999,999, and also includes several 1-acre parcels available at $195,000 each. This land boasts excellent access to major transportation arteries, including Interstates 80 and 57, making it ideal for various commercial and industrial uses. The property's location offers potential for retail development, and its proximity to numerous new industrial developments makes it a highly attractive investment. Low Will County taxes further enhance its appeal. The large lot allows for possibilities such as fenced outdoor storage. The property is zoned for commercial and industrial use. Several smaller, one-acre lots are also available, providing flexibility for various development scenarios. This is a rare opportunity to acquire land in a thriving area with excellent infrastructure and low taxes. Contact us today to learn more about this exceptional property and its potential.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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