You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Land

104th Ave & Laraway Rd Frankfort, IL 60423

34 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 34-acre agricultural property presents a unique investment opportunity in Frankfort, Illinois. Located at the southwest corner of 104th Avenue and Laraway Road, this expansive parcel is currently under cultivation, offering immediate income potential. Its strategic location provides easy access to major transportation arteries, including I-57 East and New Lenox West via Laraway Road. The property's proximity to the thriving Old Frankfort Airport industrial development area positions it ideally for future development into a business or industrial park. Surrounding communities include Monee, Green Gardens, and Manhattan, further enhancing its appeal. This prime farmland is situated south of Center off Laraway Road in Will County, Illinois, zip code 60423. The asking price for this remarkable property is $1,299,000. This represents a rare chance to acquire a significant land holding with substantial growth potential in a rapidly developing area. Don't miss this opportunity to secure a piece of prime Illinois farmland. The property's coordinates are 41.4842913 latitude and -87.8682023 longitude.

Property profile
Verified
Property type Land
Lot 34 ac (1,481,040 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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 104th Ave & Laraway Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message