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Property profile & analytics
OFF-MARKET
Land

1 To 7 Frankfort, IL 60423

7 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 7-acre commercial and industrial development site presents a unique investment opportunity in Frankfort, Illinois. Located at the intersection of Laraway Road and Commerce, this property boasts significant frontage on Laraway Road and offers unparalleled access to major transportation arteries, including Interstates 80 and 57. The land is zoned for a variety of uses, making it suitable for a wide range of development projects, including industrial facilities, commercial buildings, or even retail establishments. Its strategic location places it adjacent to numerous recently developed industrial properties, indicating a thriving and expanding business environment. The property's size and zoning flexibility allow for considerable development potential, catering to diverse business needs. The low Will County taxes represent a significant financial advantage for prospective developers. Furthermore, the site's ample space could be utilized for fenced outdoor storage, adding to its versatility and appeal. This is a rare opportunity to acquire a substantial parcel of land in a high-growth area with excellent infrastructure and accessibility. The property is ready for immediate development, offering a compelling investment prospect for those seeking a prime location in a dynamic market. Detailed zoning information and development guidelines are available upon request.

Property profile
Verified
Property type Land
Lot 7 ac (304,920 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
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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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