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Frankfort, IL Triplexes for Sale

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Frankfort Triplex Investment Opportunity
$555,000
2,625 SF

Frankfort Triplex Investment Opportunity

20224 S, Frankfort, IL 60423

Three-unit property in Frankfort, Illinois, near transportation and amenities.

  • Desirable Frankfort, Illinois location with strong rental demand.
  • Convenient access to Interstates 80 and 57, and Route 45.
  • Proximity to Metra commuter rail for access to downtown Chicago.
  • Reputable school system enhances tenant appeal.
  • Three spacious 2‑Bedroom/1‑Bathroom units.
Updated: Oct 28, 2025
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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.

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Historic Queen Anne Victorian Triplex
$275,000

Historic Queen Anne Victorian Triplex

Legal 3-flat in Chicago Heights' Historic District.

51 W 21st Street, Chicago Heights, IL 60411
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Updated Triplex in Chicago Heights
$189,900

Updated Triplex in Chicago Heights

Income-generating triplex with updated 4-bedroom unit and hardwood floors.

1631 Buena Vista Avenue, Chicago Heights, IL 60411
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Mixed-Use Property in Chicago
$214,900
0.08 Acres

Mixed-Use Property in Chicago

Three-unit building with commercial space and two residential units.

391 E Kensington Avenue, Chicago, IL 60628
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Chicago Triplex For Sale
$149,900
0.07 Acres

Chicago Triplex For Sale

Triplex in Chicago, Illinois available for purchase.

11252 S Michigan Avenue, Chicago, IL 60628
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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 Building with Adjacent Lot
$1,100,000
1.76 Acres

Commercial Building with Adjacent Lot

Fully occupied commercial building with updates and adjacent lot.

21016 S 80th Avenue, Frankfort, IL 60423
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Commercial Lot on Lincoln Highway
$520,000
0.84 Acres

Commercial Lot on Lincoln Highway

Highly visible commercial lot in Frankfort's expanding business area.

7825 W Lincoln Highway, Frankfort, IL 60423
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Land Near Multi-Sports Dome
$637,718
1.22 Acres

Land Near Multi-Sports Dome

Outlots available near Interstate-80 and proposed Top Golf.

7724 W 191st St, Tinley Park, IL
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Outlots Near Multi-Sports Dome
$658,627
1.26 Acres

Outlots Near Multi-Sports Dome

Outlots available near Interstate-80 and proposed Top Golf.

7600 W 191st St, Tinley Park, IL
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Frankfort, IL Triplexes Investment Opportunities Market Analysis

Explore 1 triplexes for sale in Frankfort, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $0.00.

Sale prices for three-family homes in Frankfort, IL start at $0.00, averaging $0.00, and reaching up to $0.00 — 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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