Listing provided courtesy of Olivieri Real Estate LLCMREDas Distributed by MLSGrid- MLS# 12535662MLS Provider

21000 S Frankfort Square RoadFrankfort, IL 60423

Vacant Land · 0.96 Acres
$595,000 Active

21000 S Frankfort Square Road Overview

Time on Site:
190 days
Visits:
5

This prime 0.96-acre commercial parcel offers 223 feet of frontage along Route 30 (Lincoln Highway) at the signalized intersection of Route 30 and Frankfort Square Road. With outstanding visibility, strong traffic counts, and flexible B-2 zoning, the property is well-suited for a variety of commercial uses. Previously approved for a fast-food drive-through, the site presents a rare development opportunity in one of Frankfort's established retail corridors. The seller is willing to build-to-suit, making this an excellent option for medical, dental, retail, restaurant, or professional office users seeking a custom-designed, brand-new facility. Low Will County taxes further enhance the property's appeal. Don't miss this one!

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21000 S Frankfort Square Road Facts & Features

  • Type Vacant Land
  • Lot 0.96 Acres

Details

General

School Information

  • School District: 157C

Business Information

  • Current Use: Commercial

Location/Region

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

Tax Information

  • Tax Annual Amount: $3,043.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 1909241010280000
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: COMMR

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Frontage Length: 223
  • Frontage Type: City Street,Signal Intersection
  • Lot Size Acres: 0.96
  • Lot Size Dimensions: 223x185x226x179
  • Road Surface Type: Asphalt

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electricity Nearby,Natural Gas Nearby

21000 S Frankfort Square Road 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.

21000 S Frankfort Square Road Monthly Cost

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* 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.

21000 S Frankfort Square Road Market Data

Based on the last 30 days in this zip code

$656,031
Average List Price
$237
Average Price per Square Foot
44
Properties Sold
55
Average Days on Market
110
Properties for Sale
Calculations provided by Reliance Network

21000 S Frankfort Square Road History

Date Event Value Agent
12/26/2025Source: MRED Status Change
Active
12/21/2025Source: MRED Added to Database
December 21, 2025