Property summary
This exceptional commercial property in Frankfort, IL presents a unique investment opportunity. Situated on a sizable 5-acre lot zoned I-1 (Limited Industrial), this property boasts a total of 15,396 square feet, combining office and warehouse space. The prominent location, minutes from downtown Frankfort, offers excellent visibility thanks to a gated entrance and marquee signage. The approximately 6,000 square foot office building features a reception area, over ten private offices, a breakroom, IT room, ample storage, a large conference room, and two additional rooms suitable for cubicles or storage. A clean, unfinished basement provides extra storage and houses mechanical systems. The substantial 9,000 square foot warehouse is equipped for diverse uses with six drive-in doors of varying sizes (14'x14', two 14'x16', 16'x14', 14'x12', 12'x12'), six ceiling heaters, a break area, a private restroom, and robust 220V electricity (1,200 Amps). The expansive lot allows for significant future expansion, providing ample room for growth and scalability. This property offers a rare blend of functionality, location, and potential for a variety of commercial and industrial businesses.
Property profile
VerifiedCap rate & NOI
Current use
-
Event Planning Wedding Service
-
Car Dealership
-
Holding Company
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.