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Property profile & analytics
OFF-MARKET
Office Spaces

20901 La Grange Rd Frankfort, IL 60423

Property ID
Property summary
AI-generated overview

This exceptional second-floor office space, located at 20901 S Lagrange Road, offers a variety of suite sizes perfect for businesses seeking flexible and efficient work environments. Currently, there are multiple tenancies available, with the smallest divisible space measuring 1,208 square feet and larger options ranging up to 3,583 square feet. A total of 6,482 square feet is currently vacant and ready for immediate occupancy. The property boasts a highly desirable location with exceptional visibility and accessibility, benefiting from a substantial daily traffic count of 34,000 vehicles. This translates to significant exposure for your business and convenient access for clients and employees. The asking rent is a competitive $27.00 per square foot gross, encompassing a comprehensive range of operating expenses. This all-inclusive rate covers crucial aspects such as common area maintenance (CAM), janitorial services, electricity, HVAC systems, and real estate taxes, ensuring predictable and manageable operating costs. The building's design and layout are well-suited for a variety of office uses, making it an ideal choice for businesses of all sizes seeking a prime location with convenient amenities and cost-effective operation. Inquire today to secure your ideal office space.

Property profile
Verified
Property type Office Spaces
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
Current use
Occupant on record · Public records
  • Illinois Life Span Social Service Agency Charitable Organization
  • Family Voices Illinois Association Or Organization
  • Old Plank Trail Community Bank Bank Loan Service
  • Wintrust Mortgage Loan Service Bank
  • White Street Market Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
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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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