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Property profile & analytics
OFF-MARKET
Land

0 Rt 30 & Harlem Ave Frankfort, IL 60423

4 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 4 ac (174,240 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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