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    Frankfort, IL
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    Frankfort, IL Shopping Centers 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 10 Potential Opportunities for your consideration. Besides 2 Active listings in Frankfort, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Multi-Tenant Retail Center For Sale
    Contact for pricing
    12,675 SF
    Multi-Tenant Retail Center For Sale

    12,675 SF multi-tenant neighborhood center in Homewood, Illinois.

    18320-18336 S Kedzie Ave, Homewood, IL 60430

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    Multi-Tenant Retail Center For Sale
    Contact for pricing
    12,675 SF
    Multi-Tenant Retail Center For Sale

    12,675 SF multi-tenant retail center in Homewood, Illinois.

    18320-18336 S Kedzie Avenue, Homewood, IL 60430

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    Home Depot Anchored Retail Center
    Contact for pricing
    Home Depot Anchored Retail Center

    Retail center anchored by Home Depot in Orland Park.

    7300 W 159th Street |, Orland Park, IL 60462

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    Value-Add Community Center Opportunity
    Contact for pricing
    Value-Add Community Center Opportunity

    Value-add community center shadow-anchored by Home Depot.

    15800 S HARLEM AVE |, Orland Park, IL 60462

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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.

    Commercial Development Land Parcel
    $399,800
    2.53 Acres
    Commercial Development Land Parcel

    A 2.53-acre commercial-zoned parcel suitable for neighborhood-oriented retail or service development.

    19611 Crawford Avenue, Flossmoor, IL 60422

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    Monee Land at Cicero Junction
    $999,000
    8.73 Acres
    Monee Land at Cicero Junction

    8.73 acres of commercially zoned land near I-57.

    24306 S Governors Highway, Monee, IL 60449

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    Homer Glen Development Opportunity
    $2,149,900
    16.05 Acres
    Homer Glen Development Opportunity

    16-acre parcel in growing corridor, flexible zoning.

    12649 W 159th Street, Homer Glen, IL 60491

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    Homer Glen Commercial Land
    $4,900,000
    14.00 Acres
    Homer Glen Commercial Land

    14 acres in Homer Glen, signaled intersection, high-end commercial development.

    15551 W 143RD Street, Homer Glen, IL 60491

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    Frankfort, IL Shopping Centers Market Trends and Statistics

    Explore 2 shopping centers 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 plazas 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 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 average listing prices of real estate assets

    Neighborhood Average Price
    60423 $3.1M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Will County

    New Delisted

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