Property profile

109 Nebraska St 405 Frankfort, IL 60423

OFF-MARKET
Commercial real estate
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Property ID
US28-5793622
14,430 SF 5.37 ac Built 1972
Last sale Jan 2025·$5,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$74k
Tax billed · 2023
Assessed value$875k
Assessed land$192k
Assessed improvement$683k
Effective rate8.45%

Value estimate

· Nov 2026
$4.84M
$4.36M – $5.32M
AI approach$4.65M
CAP approach$3.37M
Submarket $/SF estimate$3.09M

Realmo valuation models over county records and 18 qualifying comparable sales.

Recently sold

What actually traded nearby?
$159/SF
ZIP average, outlier-cleaned · 64 recorded sales of this use type
Observed band · Q1–Q3$117 – $214
Qualifying comparables18

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWILL

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop9.1
Garden Center9.0
Storage Facility8.9

Location

109 Nebraska St, Unit 405 Frankfort, IL 60423-1545
County assessor Recorded deeds · 9 transfers 18 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
222 Colorado, Frankfort, IL 60423-1334 $1,400,000 Dec 2025 19,354 SF
Industry, Frankfort, IL 60423 $4,925,000 May 2025 14,000 SF
145 Industry, Frankfort, IL 60423-1639 $4,925,000 May 2025 16,800 SF
19653 Edinburgh, Frankfort, IL 60423-6951 $1,550,000 Mar 2025 8,244 SF
11200 Laraway, Frankfort, IL 60423-8705 $4,333,333 Feb 2024 14,719 SF
7500 Lincoln, Frankfort, IL 60423-9452 $5,032,500 Oct 2023 28,848 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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