Retail

Frankfort, IL Retail Properties & Spaces for Sale

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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.
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Frankfort Retail Investment Opportunity
Updated: Apr 15, 2024
Frankfort Retail Investment Opportunity

9500 W Lincoln Highway, Frankfort, IL 60423

$3,100,000
11,100 sqft 1.07 AC lot
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.
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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.

Mokena Retail Building Opportunity
Mokena Retail Building Opportunity

11120 Front Street, Mokena, IL 60448

$1,100,000
4,368 sqft 0.28 AC lot

Free-standing retail building near Metra station in Mokena, Illinois.

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Prime Corner Parcel in Orland
Prime Corner Parcel in Orland

11200 183rd Street, Orland Park, IL 60467

$449,500
1.64 AC lot

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

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Retail/Office Building on US Route
Retail/Office Building on US Route

19214 S La Grange Rd, Mokena, IL

$2,699,000
7,613 sqft 1.51 AC lot

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

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Commercial Property Near I-80 Access
Commercial Property Near I-80 Access

9601 W 179th Street, Orland Park, IL 60467

$995,000
1.11 AC lot

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

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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.

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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.

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Frankfort Commercial Land For Sale
Frankfort Commercial Land For Sale

7825 W Lincoln Highway, Frankfort, IL 60423

$510,000
0.84 AC lot

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

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Mokena Corner Lot Opportunity
Mokena Corner Lot Opportunity

McGovney Street lot: 7 Block 3 Mcgovney, Mokena, IL 60448

$135,000
0.28 AC lot

Prime commercial land in Mokena's Historic District.

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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

Value Estimation by Request
11,100 sqft 1.07 AC lot
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20901 La Grange Rd
Individual retail properties

20901 La Grange Rd, Frankfort, IL 60423

Value Estimation by Request
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19900 La Grange Rd
Individual retail properties

19900 La Grange Rd, Frankfort, IL 60423

Value Estimation by Request
13,225 sqft 1.67 AC lot
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19973-19991 La Grange Rd
Restaurants

19973-19991 La Grange Rd, Frankfort, IL 60423

Value Estimation by Request
View details
19943-19959 La Grange Rd
Restaurants

19943-19959 La Grange Rd, Frankfort, IL 60423

Value Estimation by Request
15,531 sqft
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19800 Harlem Ave
Retail properties & Spaces

19800 Harlem Ave, Frankfort, IL 60423

Value Estimation by Request
48,124 sqft
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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 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

Commercial property segments ranked by active listings on the market

Shopping centers 7
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 average listing prices of real estate assets

Neighborhood Average Price
60423 $2.5M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Will County

New Delisted

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