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Property profile

0 104Th Ave Frankfort, IL 60423

OFF-MARKET
Land
155 ac lot
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Property summary

AI-generated overview

This exceptional 155-acre commercial land parcel presents a unique investment opportunity in Frankfort, Illinois. Ideally situated at the northeast corner of Dralle Road and 104th Avenue, this property boasts unparalleled access to major transportation arteries. Enjoy easy connectivity to I-57 via Stuenkel Road or Monee-Manhattan Road, and a direct eastern proximity to Illinois Route 45. Currently utilized as farmland, this expansive tract offers significant potential for diverse commercial development. The property is located within Green Garden Township in Will County and falls under the Peotone Community School District 207. High traffic counts are a significant advantage, with 6,250 vehicles daily on IL Rt 45 and 48,300 vehicles daily on I-57. The property's PIN number is 18-13-09-300-02, and annual taxes are $3,595. Detailed soil maps and existing farm lease information are readily available upon request. This is an exceptional opportunity to acquire a large-scale commercial land holding in a rapidly growing area. The asking price for this remarkable property is $2,325,000.

Property profile

Verified
Property type Land
Lot 155 ac (6,751,800 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

104Th Ave Frankfort, IL 60423
Frankfort metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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