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    Frankfort, IL Triplexes for Sale

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    Mokena, IL New Lenox, IL Matteson, IL
    Frankfort Triplex Investment Opportunity
    $555,000
    2,625 SF

    Frankfort Triplex Investment Opportunity

    20224 S Frankfort Square Rd, 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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Frankfort, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Historic Queen Anne Victorian Triplex
    $275,000
    0.35 Acres

    Historic Queen Anne Victorian Triplex

    Legal 3-flat in Chicago Heights' Historic District.

    51 W 21st Street, Chicago Heights, IL 60411
    View details
    Renovated Multifamily Building in Ashburn
    $505,000

    Renovated Multifamily Building in Ashburn

    Professionally renovated three-unit building in Chicago's Ashburn neighborhood.

    7901 S Whipple Street, Chicago, IL 60652
    View details
    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
    View details
    Updated Triplex Across From Palmer Park
    $430,000

    Updated Triplex Across From Palmer Park

    Updated 3-unit building with scenic views and strong rental potential.

    11247 S King Drive, Chicago, IL 60628
    View details

    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 2,625 square feet of properties for sale, with an estimated market value of $555,000.

    Sale prices for three-family homes in Frankfort, IL start at $555,000, averaging $555,000, and reaching up to $555,000 — 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

    Triplexes 1

    Property Size Breakdown

    The majority of commercial real estate listings in Frankfort fall within the 50,000 to 100,000 square foot range.

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic 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 $555K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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