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    Frankfort, IL Residential Income Properties for Sale

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    Mokena, IL New Lenox, IL Matteson, IL
    Frankfort Triplex Investment Opportunity
    $555,000
    2,625 SF

    Frankfort Triplex Investment Opportunity

    20224 S Frankfort Square Rd, Frankfort, IL 60423

    Three-unit property in Frankfort, Illinois, near transportation and amenities.

    • Desirable Frankfort, Illinois location with strong rental demand.
    • Convenient access to Interstates 80 and 57, and Route 45.
    • Proximity to Metra commuter rail for access to downtown Chicago.
    • Reputable school system enhances tenant appeal.
    • Three spacious 2‑Bedroom/1‑Bathroom units.
    Updated: Oct 28, 2025
    View details
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 1 Active listings in Frankfort, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Prime Corner Lot Opportunity
    $350,000
    0.70 Acres

    Prime Corner Lot Opportunity

    Versatile commercial lot near Expo Center and Amphitheater.

    18301 Oak Park Avenue, Tinley Park, IL 60477
    View details
    Reynolds Lane Multifamily Investment Opportunity
    $850,000
    2,943 SF

    Reynolds Lane Multifamily Investment Opportunity

    Six-unit apartment building in desirable Oak Forest location.

    15700 Reynolds Lane, Oak Forest, IL 60452
    View details
    Updated Condo in 55+ Building
    $264,000

    Updated Condo in 55+ Building

    Move-in ready, updated 2-bedroom, 2-bath condo in Tinley Park.

    6320 Pine Ridge Drive #1B, Tinley Park, IL 60477
    View details
    Reynolds Lane Apartment Building
    $850,000

    Reynolds Lane Apartment Building

    Six-unit apartment building in Oak Forest, Illinois.

    15700 Reynolds Lane, Oak Forest, IL 60452
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Lot in Frankfort, IL
    $200,000
    1.71 Acres

    Residential Lot in Frankfort, IL

    1.71 acre residential lot, build your dream home!

    Vacant Lot W Sauk Trail, Frankfort, IL 60423
    View details
    Wooded Lot in Tinley Park
    $44,000
    1.17 Acres

    Wooded Lot in Tinley Park

    1.17 acre wooded lot in a vibrant community.

    00 LOT 180th Street, Tinley Park, IL 60477
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    Mokena Land with Development Potential
    $699,000
    5.54 Acres

    Mokena Land with Development Potential

    5.54 acres in Mokena with existing home and development plans.

    10508 W La Porte Road, Mokena, IL 60448
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    Buildable Lot in Tinley Park
    $149,000

    Buildable Lot in Tinley Park

    Residential lot in established neighborhood ready for custom construction.

    7946 172nd Place, Tinley Park, IL 60477
    View details

    Off-Market Properties in Frankfort, IL

    Consider similar Off-Market properties in Frankfort, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Fairway Lk Dr

    Fairway Lk Dr

    Land • 77.38 Acres
    Value Estimation by Request
    0 Fairway Lk Dr, Frankfort, IL 60423
    View details
    Us-30

    Us-30

    Land
    Value Estimation by Request
    0 Us-30, Frankfort, IL 60423
    View details
    Frankfort IL 60423 Harlem Ave & St. Francis Rd

    Frankfort IL 60423 Harlem Ave & St. Francis Rd

    Land • 34.00 Acres
    Value Estimation by Request
    Frankfort IL 60423 Harlem Ave & St. Francis Rd, Frankfort, IL 60423
    View details

    Frankfort, IL Residential Income Properties Investment Opportunities Market Analysis

    Explore 4 residential income properties for sale in Frankfort, IL on our real estate platform. These investment opportunities span a total of 2,625 square feet of properties for sale, with an estimated market value of $555,000.

    Sale prices for residential income properties in Frankfort, IL start at $555,000, averaging $555,000, and reaching up to $555,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Most Searched ZIP Codes in Frankfort, IL

    • 60423

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