0 Rt 30 & Harlem Ave Frankfort, IL 60423
This exceptional four-acre commercial land parcel presents a unique investment opportunity in the thriving Frankfort, Illinois market. Located at the highly visible intersection of Rt 30 (Lincoln Hwy) and S. Harlem Ave, this property boasts exceptional visibility and accessibility, benefiting from high daily traffic volumes of 18,000 vehicles on Lincoln Hwy and 15,800 vehicles on S. Harlem Ave. The property is zoned B2 - Community Business District, allowing for a wide range of commercial development options. Its strategic location is further enhanced by its proximity to established businesses such as Walgreens, McDonald's, and Speedway, ensuring high foot traffic and brand recognition. The parcel consists of two combined lots, identified by APN numbers 19-09-24-401-004-0000 and 19-09-24-401-029-0000, offering significant development potential. Priced competitively at $800,000, this property represents a compelling investment opportunity for developers and businesses seeking a high-traffic location in a rapidly growing area of Will County. Don't miss this chance to acquire a prime commercial site in a desirable location. The property is situated in Frankfort, IL, zip code 60423.
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
Similar Nearby for Lease
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.