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    Frankfort Triplex Investment Opportunity
    Updated: Oct 28, 2025
    Frankfort Triplex Investment Opportunity

    20224 S Frankfort Square Rd, Frankfort, IL 60423

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    2,625 sqft 0.49 AC lot
    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 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 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.

    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    154 22nd Street, Chicago Heights, IL 60411

    $166,900
    6,200 sqft

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

    View details
    Historic Triplex with Covered Deck
    Historic Triplex with Covered Deck

    51 W 21st Street, Chicago Heights, IL 60411

    $265,000

    Legal 3-flat with original woodwork, a frame structure, and deck/patio features on a corner lot.

    View details
    Triplex Building with Individual Heating
    Triplex Building with Individual Heating

    15742 Central Park Avenue, Markham, IL 60428

    $115,000
    0.91 AC lot

    Triplex with individual heating per unit, three units total, and MULTI zoning off I-57.

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

    15742 Central Park Avenue, Markham, IL 60428

    $115,000
    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.

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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%

    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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