Advertise
    Frankfort, IL
    Retail

    Frankfort, IL Retail Properties & Spaces for Sale

    Notify Me
    List
    Map
    Matteson, IL Mokena, IL New Lenox, IL Tinley Park, IL Orland Park, IL Monee, IL Manhattan, IL Richton Park, IL
    Occupied Storefront Building
    Updated: Aug 17
    Occupied Storefront Building

    21016 S 80th Ave, Frankfort, IL 60423

    $1,100,000
    8,840 sqft
    8,840‑square‑foot storefront property built in 1965
    Fully occupied building with updates throughout
    Roof replaced in 2014 and 2015
    Visible from Lincoln Hwy and 80th Ave
    Ample parking
    View details
    Grocery Anchored Retail Center
    Updated: Sep 12, 2025
    Grocery Anchored Retail Center

    21164 S La Grange Road |, Frankfort, IL 60423

    Contact for pricing
    1 sqft
    Strong performing grocery anchored center.
    Located in the affluent southwest Chicago suburb of Frankfort, IL.
    Jewel‑Osco is of top 5% in sales volume.
    Located within Will County, one of the fastest‑growing counties in Illinois.
    Open asphalt paved parking lot with approximately 620 total parking spaces.
    View details
    See hot listings in Frankfort

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 2 Active listings in Frankfort, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 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.

    Renovated Car Wash Facility
    Renovated Car Wash Facility

    8701 W 159th St, Orland Park, IL 60462

    $2,200,000
    5,500 sqft

    Recently opened operation with upgraded wash systems, customer waiting space, and restrooms.

    View details
    Freestanding Storefront Building
    Freestanding Storefront Building

    3913 Sauk Trail, Richton Park, IL 60471

    $500,000
    0.21 AC lot

    An open interior layout, on-site parking, and TC-1 Town Center zoning support a range of commercial business types.

    View details
    Renovated Car Wash Facility
    Renovated Car Wash Facility

    8701 W 159th Street, Orland Park, IL 60462

    $2,200,000
    0.94 AC lot

    Recently opened car wash with updated equipment, customer waiting area, restrooms, and central air conditioning.

    View details
    Commercial Storefront on Sauk Trail
    Commercial Storefront on Sauk Trail

    3911 Sauk Trail, Richton Park, IL 60471

    Contact for pricing
    8,467 sqft 0.70 AC lot

    Four-unit commercial storefront with high traffic and diverse potential uses.

    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.

    Frankfort Land for Mixed-Use Development
    Frankfort Land for Mixed-Use Development

    795 Center Road, Frankfort, IL 60423

    Contact for pricing
    11.00 AC lot

    Approximately 11 acres of land for mixed-use development.

    View details
    Commercial Land Near Metra
    Commercial Land Near Metra

    19099 Hickory Creek Drive, Mokena, IL 60448

    $50,000
    0.55 AC lot

    A compact commercial parcel with water available and direct access to established regional transportation connections.

    View details
    Pad-Ready Commercial Land
    Pad-Ready Commercial Land

    191 88th Avenue, Mokena, IL 60448

    $4,250,000
    17.81 AC lot

    Improved commercial site with roads and utility infrastructure already in place.

    View details
    Frankfort Land For Sale
    Frankfort Land For Sale

    10850 W Laraway Road, Frankfort, IL 60423

    $500,000
    4.10 AC lot

    4.1 acre commercial land available in Frankfort, Illinois.

    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.

    9500 Lincoln Hwy
    Retail properties & Spaces

    9500 Lincoln Hwy, Frankfort, IL 60423

    Estimated value: by Request
    11,100 sqft 1.07 AC lot
    View details
    20901 La Grange Rd
    Individual retail properties

    20901 La Grange Rd, Frankfort, IL 60423

    Estimated value: by Request
    View details
    19900 La Grange Rd
    Individual retail properties

    19900 La Grange Rd, Frankfort, IL 60423

    Estimated value: by Request
    13,225 sqft 1.67 AC lot
    View details
    19973-19991 La Grange Rd
    Restaurants

    19973-19991 La Grange Rd, Frankfort, IL 60423

    Estimated value: by Request
    View details
    19943-19959 La Grange Rd
    Restaurants

    19943-19959 La Grange Rd, Frankfort, IL 60423

    Estimated value: by Request
    15,531 sqft
    View details
    19800 Harlem Ave
    Retail properties & Spaces

    19800 Harlem Ave, Frankfort, IL 60423

    Estimated value: by Request
    48,124 sqft
    View details

    Frankfort, IL Retail Properties & Spaces Market Trends and Statistics

    Explore 8 retail properties & spaces for sale in Frankfort, IL on our real estate platform. These investment opportunities span a total of 8,841 square feet of properties for sale, with an estimated market value of $1,100,000.

    Sale prices for stores in Frankfort, IL average $1,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 3
    Grocery and convenience stores 1
    Storefront properties 1

    Demographics Overview

    Population 33K
    Population Growth (5Y) +6.1%
    Median Household Income $137,651
    College Educated 67.6%

    High-Yield Neighborhoods for Investment

    Identify Frankfort submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60423 $1.1M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Will County

    New Delisted

    How Realmo verifies these figures

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Retail properties & Spaces for Sale Near Frankfort, IL

    Popular Searches in Frankfort, IL

    Most Searched ZIP Codes in Frankfort, IL

    • 60423

    Featured Frankfort Real Estate Agencies

    Realmo connects you with licensed Frankfort CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Village Realty
    20950 S. Frankfort Square Rd, Unit C Frankfort, IL 60423
    Phone: 17084781212
    vrsrealty.com
    Why this one?
    Saved
    Reason not saved — we won't ask again

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!