Frankfort, IL
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    Frankfort, IL Retail Properties & Spaces for Sale

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    Mokena, IL New Lenox, IL Matteson, IL
    Grocery Anchored Retail Center
    Contact for pricing

    Grocery Anchored Retail Center

    21164 S La Grange Road |, Frankfort, IL 60423

    Strong performing retail center in Frankfort, Illinois, anchored by Jewel-Osco.

    • 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.
    Updated: Sep 12, 2025
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    Frankfort Retail Investment Opportunity
    $3,100,000
    11,100 SF

    Frankfort Retail Investment Opportunity

    9500 W Lincoln Highway, Frankfort, IL 60423

    Well-maintained retail property in Frankfort with high traffic and exposure.

    • Excellent income production with quality long‑term tenants.
    • Premier location in Frankfort with extremely high traffic count and exposure.
    • Surrounded by well‑established businesses like Mariano's and Walgreens.
    • Well‑maintained all‑brick building.
    • Recent replacements: furnaces, A/C systems, water heaters, and newer roof.
    Updated: Apr 15, 2024
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    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.

    Prime Corner Parcel in Orland
    $449,500
    1.64 Acres

    Prime Corner Parcel in Orland

    Highly visible 1.64-acre corner parcel suitable for various commercial uses.

    11200 183rd Street, Orland Park, IL 60467
    View details
    Retail/Office Building on US Route
    $2,699,000
    7,613 SF

    Retail/Office Building on US Route

    7,613 SF retail/office building with high-end buildout for sale.

    19214 S La Grange Rd, Mokena, IL
    View details
    New 7-Brew Investment Property
    $1,487,500
    510 SF

    New 7-Brew Investment Property

    Newly built, freestanding 7-Brew in Mokena, Illinois for sale.

    11385 W Lincoln Hwy, Mokena, IL 60448
    View details
    Commercial Property Near I-80 Access
    $995,000
    1.11 Acres

    Commercial Property Near I-80 Access

    Commercial property suitable for retail, office, medical, or restaurant use.

    9601 W 179th Street, Orland Park, IL 60467
    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
    Contact for pricing
    11.00 Acres

    Frankfort Land for Mixed-Use Development

    Approximately 11 acres of land for mixed-use development.

    795 Center Road, Frankfort, IL 60423
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    Frankfort Land For Sale
    $500,000
    4.10 Acres

    Frankfort Land For Sale

    4.1 acre commercial land available in Frankfort, Illinois.

    10850 W Laraway Road, Frankfort, IL 60423
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    Frankfort Commercial Land For Sale
    $510,000
    0.84 Acres

    Frankfort Commercial Land For Sale

    Highly visible commercial land in the heart of Frankfort, Illinois.

    7825 W Lincoln Highway, Frankfort, IL 60423
    View details
    Mokena Corner Lot Opportunity
    $135,000
    0.28 Acres

    Mokena Corner Lot Opportunity

    Prime commercial land in Mokena's Historic District.

    McGovney Street lot: 7 Block 3 Mcgovney, Mokena, IL 60448
    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
    11,100 SF Lot: 1.07 Acres
    Value Estimation by Request

    9500 Lincoln Hwy, Frankfort, IL 60423

    View details
    20901 La Grange Rd
    Individual retail properties
    Value Estimation by Request

    20901 La Grange Rd, Frankfort, IL 60423

    View details
    19900 La Grange Rd
    Individual retail properties
    13,225 SF Lot: 1.67 Acres
    Value Estimation by Request

    19900 La Grange Rd, Frankfort, IL 60423

    View details
    19973-19991 La Grange Rd
    Restaurants
    Value Estimation by Request

    19973-19991 La Grange Rd, Frankfort, IL 60423

    View details
    19943-19959 La Grange Rd
    Restaurants
    15,531 SF
    Value Estimation by Request

    19943-19959 La Grange Rd, Frankfort, IL 60423

    View details
    19800 Harlem Ave
    Retail properties & Spaces
    48,124 SF
    Value Estimation by Request

    19800 Harlem Ave, Frankfort, IL 60423

    View details

    Frankfort, IL Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 8 retail properties & spaces for sale in Frankfort, IL on our real estate platform. These investment opportunities span a total of 11,100 square feet of properties for sale, with an estimated market value of $3,100,000.

    Sale prices for stores in Frankfort, IL start at $3,100,000, averaging $3,100,000, and reaching up to $3,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Shopping centers 8
    Grocery and convenience stores 2

    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 median listing prices of real estate assets

    Neighborhood Average Price
    60423 $3.1M

    Taxes & Financing

    Average Loan-to-Value 65.0%

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