21950 La Grange Rd Ste B, Frankfort, IL 60423-9780
- Industrial properties
- 51,200 SF
- 5.00 lot acres
Current Use by Public Records
- FKM USA / Consultant
- Kochs Equipment Company / Factory / Industrial Manufacturer
- Fabricated Products Group - FPG / Metal Fabrication Plant / Factory
- FKM Holdings / Holding Company
- TBI Inc / Plumbing Service / General Contractor
Property Details for 21950 La Grange Rd Ste B
- Year built
- 1971
- Lot size
- 5.00 lot acres
- Property type
- Industrial properties
- APN
- 19-09-29-400-018
- APU
- 190929400018
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 13, 2019 | — | Fkm Holding LLC | — | Deed · related | $400k · Mb Fin'l Bk |
| Jun 22, 2016 | — | Fkm Holding LLC | — | Deed · related | — |
| Dec 6, 2011 | — | Fkm Holding LLC | — | Trustees Deed · related | $400k · American Chartered Bank |
| Jul 18, 2011 | — | Fkm Holding LLC | — | Trustees Deed · related | $800k · American Chartered Bk |
| — | — | Fkm Holding LLC | — | Deed Of Trust · related | $2.2M · American Chartered Bank |
| — | — | Fkm Holding LLC | — | Deed Of Trust · related | $1.9M · First National Bank Illinois |
| — | — | Fkm Holding LLC | — | Loan Modification · related | $900k · American Chartered Bk |
| — | — | Fkm Holding LLC | — | Loan Modification · related | — |
| — | — | Fkm Holding LLC | — | Loan Modification · related | — |
| — | — | Fkm Holding LLC | — | Deed Of Trust · related | $333k · American Chartered Bank |
| — | — | Fkm Holding LLC | — | Deed Of Trust · related | $110k · American Chartered Bank |
| — | — | Fkm Holding LLC | — | Deed Of Trust · related | $2.3M · American Chartered Bank |
| — | — | Fkm Holding LLC | — | Deed Of Trust · related | $500k · American Chartered Bk |
| — | — | Fkm Holding LLC | — | Deed Of Trust · related | $723k · American Chartered Bank |
| — | — | Fkm Holding LLC | — | Deed Of Trust · related | $800k · American Chartered Bank |
| — | — | Fkm Holding LLC | — | Deed Of Trust · related | $875k · American Chartered Bk/lk Zuric |
| — | — | Fkm Holding LLC | — | Deed Of Trust · related | $2.3M · American Chartered Bk/lk Zuric |
| — | — | Fkm Holding LLC | — | Deed Of Trust · related | $875k · American Chartered Bank |
| — | — | Fkm Holding LLC | — | Loan Modification · related | $400k · Mb Fin'l Bk |
Description
This Frankfort, IL industrial property offers 51,200 square feet of warehouse space, divisible to a minimum of 13,750 square feet and a maximum contiguous space of 16,250 square feet. The single-story building, constructed in 1971 and renovated in 2019, features a 30-foot ceiling height, one drive-in door, and 23 total parking spaces. The property sits on five acres of land and is zoned I1. Located at 21950 LaGrange Road, near S 104th Ave, this location provides convenient access to major expressways. Currently, 13,750 square feet of warehouse space is available for lease. The property includes potential for expansion, with the possibility of adding 2,500 square feet of additional warehouse space and 2,000 square feet of office space. The property's features include a 14-foot deep drive-in door and potential access to dock loading. This flexible space is ideal for a variety of industrial uses. The property's APN is 1909294000180000. The building has two suites. Power is 240/480. The property is located in the South/Southwest Suburbs submarket, specifically Frankfort Township.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,675,000
- 6.5%
- $3,390,000
- 7%
- $3,150,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,491,000
- AI Estimate
- $2,890,000
Market price range: $3.49M - $6.64MMarket price range: $1.91M - $6.06M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $4,975,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Frankfort
- County
- Will
- State
- Illinois
- Longitude
- -87.8718
- Latitude
- 41.4911
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
