Property profile

21440 La Grange Rd Frankfort, IL 60423

OFF-MARKET
Industrial properties
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Property ID
US28-5580852
40,108 SF 2.46 ac Built 1973
Last sale Aug 2023·$800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ 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?
$21k
Tax billed · 2023
Assessed value$253k
Assessed land$107k
Assessed improvement$147k
Effective rate8.45%

Value estimate

· Nov 2026
$665k
$599k – $732k
AI approach$910k

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$97/SF
ZIP average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$68 – $130
Qualifying comparables16

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: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store10.8
Auto Parts Store10.5
Pawn Shop10.4

Location

21440 La Grange Rd Frankfort, IL 60423-2026
County assessor Recorded deeds · 7 transfers 16 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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9302 Gulfstream, Frankfort, IL 60423-2622 $1,610,000 Dec 2025 11,920 SF
170 Ontario, Frankfort, IL 60423-1698 $4,500,000 Jan 2025 45,050 SF
22530 Ctr, Frankfort, IL 60423-1667 $1,425,000 Oct 2024 14,932 SF
9303 Gulfstream, Frankfort, IL 60423-2517 $1,000,000 Jul 2022 14,612 SF
9425 Gulfstream, Frankfort, IL 60423-2518 $275,000 Jan 2022 16,381 SF
9426 Corsair, Frankfort, IL 60423-2510 $1,050,000 Oct 2021 11,556 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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