Current Use by Public Records
- Land
Property Details for 0 Sec Laraway And Wolf Rd
- Lot size
- 4.70 lot acres
- Property type
- Land
Description
This exceptional 4.7-acre commercial land parcel presents a unique investment opportunity in Frankfort, Illinois. Strategically located at the hard corner of Laraway Road and Wolf Road, this property boasts a highly desirable B2 - Community Business District zoning designation, opening doors to a wide range of development possibilities. The asking price is $725,000. Detailed subdivision plans are available, illustrating the potential for creating two separate parcels, maximizing the land's value and development flexibility. This prime location offers unparalleled visibility and accessibility, situated less than a mile from LaGrande Road and 1.3 miles from Route 30, ensuring high traffic volume and excellent exposure for any commercial venture. The property's ideal characteristics make it suitable for a variety of uses, including a gas station, senior living facility, or multi-family residential development. Benefit from low Will County taxes, making this an even more attractive investment. The APN is 19-09-32-101-001. Don't miss this chance to acquire a highly sought-after commercial land parcel in a thriving Illinois community.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Frankfort
- County
- Will
- State
- Illinois
- Longitude
- -87.8877
- Latitude
- 41.484
