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Property profile & analytics
FOR SALE
Triplexes

20224 S Frankfort Square Rd Frankfort, IL 60423

2,625 SF Built 1985
Property ID
US28-Q022790
Property summary
AI-generated overview

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 20224 S Frankfort Square Road in Frankfort, IL (the “Property”). The three-story building contains three (3) 2-Bedroom/1-Bathroom units with 2,625 square feet of gross living area. The Property is situated upon a 0.49-acre parcel with ample lawn space, as well as ample parking with three (3) off-street spaces available to the rear. 20224 S Frankfort Square Road presents an attractive multifamily investment opportunity in the desirable suburb of Frankfort, Illinois. The property is situated within the Frankfort Square community of Will County, a well-established residential area with strong demand for rental housing, quality schools, and convenient access to Chicago’s south suburban employment centers. Located minutes from Interstate 80, Interstate 57, and LaGrange Road (Route 45), the property offers excellent regional connectivity. Tenants benefit from proximity to local retail, dining, parks, and community amenities, as well as access to the Metra commuter rail network for direct service into downtown Chicago. The Frankfort Square area is also recognized for its reputable school system, further enhancing tenant appeal and longterm retention.

Property profile
Verified
Property type Triplexes
Year built 1985
Total area 2,625 SF
UPID US28-Q022790
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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