0 Citation Rd Frankfort, IL 60423
This exceptional 30-acre parcel of land presents a prime development opportunity in Frankfort, Illinois, a premier location in southwestern Chicagoland for business and manufacturing. Ideally situated in Will County, this property boasts convenient expressway access, significantly reducing transportation costs and improving logistical efficiency. The land is zoned for outside storage, making it suitable for a variety of commercial and industrial uses. A potential use could be a truck repair and storage facility, capitalizing on the area's robust transportation network. The low Will County taxes represent a significant financial advantage for developers. This build-to-suit option, facilitated by a local national builder, offers streamlined construction and project management. The sale price is $600.00 per lot, representing a compelling investment opportunity given the property's size, location, and zoning. The property's address is Citation Road, Frankfort, IL 60423. This location offers significant potential for substantial returns on investment. The property's latitude and longitude coordinates are 41.4757401, -87.8350605 respectively. This is an excellent opportunity for businesses seeking a strategic location with significant development potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.