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    Frankfort, IL
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    Frankfort, IL Shopping Centers 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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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.

    Retail Storefront Property with Commercial Zoning
    Retail Storefront Property with Commercial Zoning

    1025 Dixie Highway, Chicago Heights, IL 60411

    $827,777
    0.76 AC lot

    For-sale retail storefront property in Chicago Heights with commercial zoning designated as COMMR.

    View details
    Strip Center with Available Retail Suite
    Strip Center with Available Retail Suite

    2320-2360 East Lincoln Highway, New Lenox, IL 60451

    Contact for pricing
    15,080 sqft

    A 15,080 SF strip center with one 1,623 SF suite available and strong existing occupancy.

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    Commercial Space with Expansion Potential
    Commercial Space with Expansion Potential

    1531 Western Avenue, Chicago Heights, IL 60411

    $275,000
    3.00 AC lot

    Seven-unit commercial space on three acres with expansion opportunities.

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    Renovated Shopping Center
    Renovated Shopping Center

    340-358 W Maple St, New Lenox, IL 60451

    Contact for pricing
    45,260 sqft

    Multi-suite retail center near regional commuter access and an established residential trade area.

    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.

    Monee Land at Cicero Junction
    Monee Land at Cicero Junction

    24306 S Governors Highway, Monee, IL 60449

    $999,000
    8.73 AC lot

    8.73 acres of commercially zoned land near I-57.

    View details
    Commercial Development Land Parcel
    Commercial Development Land Parcel

    19611 Crawford Avenue, Flossmoor, IL 60422

    $399,800
    2.53 AC lot

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

    View details
    Homer Glen Development Opportunity
    Homer Glen Development Opportunity

    12649 W 159th Street, Homer Glen, IL 60491

    $2,149,900
    16.05 AC lot

    16-acre parcel in growing corridor, flexible zoning.

    View details
    Homer Glen Commercial Land
    Homer Glen Commercial Land

    15551 W 143RD Street, Homer Glen, IL 60491

    $4,900,000
    14.00 AC lot

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

    View details

    Frankfort, IL Shopping Centers Market Trends and Statistics

    Explore 1 shopping centers for sale in Frankfort, IL on our real estate platform. These investment opportunities span a total of 1 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 6
    Grocery and convenience stores 2
    Storefront properties 2

    Demographics Overview

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

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Will County

    New Delisted

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