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    Mokena, IL New Lenox, IL Matteson, IL
    Frankfort Triplex Investment Opportunity
    Updated: Oct 28, 2025
    Frankfort Triplex Investment Opportunity

    20224 S Frankfort Square Rd, Frankfort, IL 60423

    $555,000
    2,625 sqft
    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.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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
    Historic Queen Anne Victorian Triplex

    51 W 21st Street, Chicago Heights, IL 60411

    $275,000
    0.35 AC lot

    Legal 3-flat in Chicago Heights' Historic District.

    View details
    Three-Unit Residential Income Building
    Three-Unit Residential Income Building

    15742 Central Park Avenue, Markham, IL 60428

    $115,000
    0.91 AC lot

    Three separate units with individual heating, offered as-is for owner-occupants in a MULTI-zoned setting.

    View details
    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    154 22nd Street, Chicago Heights, IL 60411

    $175,000
    6,200 sqft

    Three-unit building sold fully rented, offering immediate rental income potential for an investor buyer.

    View details
    Three-Unit Building on Large Lot
    Three-Unit Building on Large Lot

    15742 Central Park Avenue, Markham, IL 60428

    $150,000
    0.91 AC lot

    Three-unit building on 0.91 acres near I-57.

    View details

    Frankfort, IL Triplexes Market Trends and Statistics

    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

    Commercial property segments ranked by active listings on the market

    Triplexes 1

    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 $555K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Will County

    New Delisted

    Property Size Breakdown

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

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