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Property profile & analytics
OFF-MARKET
Land

0 Sec Laraway And Wolf Rd Frankfort, IL 60423

4.7 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 4.7 ac (204,732 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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