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Listing provided courtesy of Re/Max PremierMREDas Distributed by MLSGrid- MLS# 12682340MLS Provider

21016 S 80th AvenueFrankfort, IL 60423

Commercial · 8,840 Sq. ft. | 1.76 Acres
$1,100,000 Active

21016 S 80th Avenue Overview

Time on Site:
11 days
Visits:
0

GREAT LOCATION. FULLY OCCUPIED BUILDING WITH UPDATES THROUGHOUT. VISIBLE FROM LINCOLN HWY AND 80TH AVE. AMPLE PARKING. GREAT OPPORTUNITY FOR A SOLID CASH FLOWING INVESTMENT! Adjacent .7 Acre lot included in the sale. SELLER FINANCING! Roof replaced 2014 and 2015! Building is well maintained and in desirable condition.

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21016 S 80th Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 8,840
  • Price/Sq.ft. $124
  • Lot 1.76 Acres

Details

General

Income/Expenses

  • Existing Lease Type: N/A
  • Gross Income: 139224
  • Gross Scheduled Income: 139224
  • Net Operating Income: 100000
  • Operating Expense: 0

Building Information

  • Year Built: 1965

Business Information

  • Current Use: Office

Location/Region

  • County Or Parish: Will
  • MLS Area Major: Frankfort
  • Township: Frankfort

Rent/Lease Information

  • Tenant Pays: Other

Tax Information

  • Tax Annual Amount: $22,543.00
  • Tax Year: 2024

General Information

  • Parcel Number: 1909232020270000
  • Property Sub Type: Office
  • Property Type: Commercial Sale
  • Zoning: OFFIC

Interior

Building Interior

  • Building Area Total: 8840

General Information

  • Cooling: Central Individual
  • Electric: Fuses
  • Flooring: Varies
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 0
  • Stories: 1

Unit Information

  • Unit SqFt.: 8840

Exterior

Lot Information

  • Additional Parcels: Yes
  • Frontage Type: City Street,Signal Intersection,US Highway
  • Lot Size Acres: 1.76
  • Lot Size Dimensions: 393X369X99X105
  • Lot Size Square Feet: 38333

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 11
  • Sewer: Septic Tank
  • Utilities: Electric to Site,Natural Gas Available,Water Available

21016 S 80th Avenue Neighborhood

Community

60423 (FRANKFORT) Demographics

43
Median Age
859
Population Density (per sq. mile)
54%
College Educated
$118,856
Estimated Median Income
9,728
Estimated Total Home Owners
750
Estimated Total Renters
93% / 7%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

21016 S 80th Avenue Monthly Cost

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Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

21016 S 80th Avenue Market Data

Based on the last 30 days in this zip code

$656,031
Average List Price
$237
Average Price per Square Foot
40
Properties Sold
55
Average Days on Market
110
Properties for Sale
Calculations provided by Reliance Network

21016 S 80th Avenue History

Date Event Value Agent
6/24/2026Source: MRED Status Change
Active
6/18/2026Source: MRED Added to Database
June 18, 2026
6/20/2022Source: MRED Added to Database
February 08, 2022
4/8/2022Source: MRED Status Change
Rented
2/13/2022Source: MRED Status Change
Active