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    Property profile & analytics
    FOR LEASE
    Commercial land

    20550 La Grange Rd, Frankfort, IL 60423

    0.66 ac lot
    Individually Owned 2-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US28-0705783
    20550 La Grange Rd, Frankfort, IL 60423 For Lease
    $168 SF/Yr
    20550 La Grange Rd, Frankfort, IL 60423
    View Listing →
    Property summary
    AI-generated overview

    This exceptional office space, located at 20550 LaGrange Rd in Frankfort, Illinois, 60423, offers a fantastic opportunity for businesses of all sizes. The property, built in 2002, is a three-story building totaling 24,000 square feet and features a traditional office layout. Currently, there are multiple suites available, ranging in size from 275 square feet to 3,000 square feet, providing flexibility for various business needs. The building boasts ample parking with 98 spaces available for tenants and their clients. The property's zoning classification requires verification with the village of Frankfort. This location provides excellent visibility and accessibility, making it an ideal choice for businesses seeking maximum exposure within a thriving community. The address is easily accessible from LaGrange Road, ensuring convenient access for employees and clients alike. This is a rare opportunity to secure office space in a well-maintained building with ample parking in a desirable location. Don't miss out on this chance to establish or expand your business in a vibrant and accessible area. Contact us today to learn more about available suites and lease terms.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.66 ac (28,750 SF)
    APN 19-09-16-401-002
    UPID US28-0705783
    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
    • Shulman Zale Legal Group Law Firm
    • Dupage Clinical Counseling Services, LLP Counselor
    • Kenosha Prater, MA, LPC Counselor
    • Dr. Ericka Swanson Physician Medical Clinic
    • Portrait Health Centers Medical Clinic
    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
    Charles Dangelo · 2 yrs held
    Charles Dangelo
    since 2024
    Last sale
    $395,000
    7 recorded transactions
    2026
    2024
    2018
    $1.5M
    2012
    $250,000
    2009
    $395,000
    2009
    2008
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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